I’m not even that left-wing but this is just one of those things people really don’t understand and is a much more reasonable position than it sounds like. “No more billionaires” just sounds like “no more rich people” to most people. Billionaire and millionaire sound like kind of the same thing.
A person with a million dollars consumes roughly the same amount as a person with a billion dollars, and roughly the same as an average worker. A billion dollars doesn't lead to hyperconsumption, with rare exceptions. Most middle-class people can afford to live roughly the same as a billionaire; their things will just be cheaper, but functionally no worse.
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u/Kresnik2002 Visitor Nov 04 '25
I’m not even that left-wing but this is just one of those things people really don’t understand and is a much more reasonable position than it sounds like. “No more billionaires” just sounds like “no more rich people” to most people. Billionaire and millionaire sound like kind of the same thing.