davidscottmoyer<p><strong>Billionaires</strong></p><a href="https://davidscottmoyer.com/wp-content/uploads/2025/08/occupy_tucson45.jpg" rel="nofollow noopener" target="_blank"></a>Photo taken at Occupy Tucson in 2011<p>Hatred of Billionaires is very popular right now. This is understandable, given the recent actions of people like Elon Musk, Jeff Bezos, Peter Thiel, and Mark Zuckerberg. I won’t even name the Tangerine in Chief, because his billionaire status is in question.</p><p>There are tens of thousands of young women across the country swooning over Luigi Mangione, simply because he is mildly handsome and murdered a CEO in cold blood. Equal numbers of young men see him as a hero (and possibly a love interest).</p><p>Eat The Rich is seen at every rally for every cause. We used to see Save The Whales. Not any more. I see guillotine earrings on a regular basis, and the French Revolution is a de rigueur mention in online conversations about politics.</p><p>What I am about to say will not be popular.</p><p>I have no problem with billionaires, per se. If you can amass that kind of money without breaking the law, good on you. I have a problem with people using illegal, unethical, or deliberately cruel and exploitative means to get that money, but if you have an idea, or invest wisely in an idea, and work legally within the market to build that kind of wealth, you deserve it. Even Elon Musk.</p><p>My problem is with generational wealth. There should be a limit on how much a billionaire can pass down to his heirs. It can be generous, maybe a million apiece, maybe five million. The family home, and some physical possessions is fine. Even a college fund for the grandkids.</p><p>Beyond that, however, every cent, all properties, and all corporate ownership need to be divided among the workers, past and present, who made the billionaire that money. This needs to be done, not based upon strata in the corporation(s), but based on hours worked. The lowly janitor who cleaned offices and toilets for 20 years should get exactly as much as the 40 year old nephew of the CEO who sat in a corner office. Any board of directors can stay in place to run day-to-day affairs, subject to removal and replacement by the new owners.</p><p>I’m sure it wouldn’t be long before ownership of the corporation itself consolidated into a few hands, maybe one owner, as those who weren’t interested in running a business cashed out, but the wealth would have been redistributed fairly and not simply handed to someone like the clown who is currently refitting an airliner with gold trim and building himself a gilded ballroom at our expense.</p><p><a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://davidscottmoyer.com/tag/billionaires/" target="_blank">#billionaires</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://davidscottmoyer.com/tag/economics/" target="_blank">#economics</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://davidscottmoyer.com/tag/elon-musk/" target="_blank">#elonMusk</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://davidscottmoyer.com/tag/inheritance/" target="_blank">#inheritance</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://davidscottmoyer.com/tag/jeff-bezos/" target="_blank">#jeffBezos</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://davidscottmoyer.com/tag/mark-zuckerberg/" target="_blank">#markZuckerberg</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://davidscottmoyer.com/tag/news/" target="_blank">#news</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://davidscottmoyer.com/tag/peter-thiel/" target="_blank">#peterThiel</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://davidscottmoyer.com/tag/politics/" target="_blank">#politics</a></p>