/biz/ - Business & Finance

[Anonymous No.15775215]

What would realistically happen if we "ate the rich"?

If we took all of their money and gave it to the working class wouldn't it just result in massive price increases?
Almost all of the consumer goods in the economy go to the working class, right?
Spending saved money only results in price increases because no new consumer goods have been created.

Is there any data on how much the top billionaires actually consume personally(mansions, yachts etc) vs what percent of consumer goods the working class gets?
Any sources?

Aside from their wealth, what is the total value of all of their personal assets(mansions, cars, toys etc)?

If we're totally ignore money and simply focus on the amount of consumer goods each class gets. The capitalist class should be consuming very little, no?

I'm in a debate with a communist and I need this information..

[Anonymous No.15775247]

>>15775215
Imagine killing all the financially responsible forward thinkers, job creators, and inventors, just to give it all to the dish washers and movie cashiers thinking that would fix society.

Lmao good luck

[Anonymous No.15775265]

>>15775247
>Rich financier jews
>Responsible
>Incentive
no

[Anonymous No.15775356]

>>15775247
>job creators
Fuck a job, I want their money

[Anonymous No.15775368]

>>15775215
kill all incentive followed by killing literally everyone through starvation. the absolute state of communists

[Anonymous No.15775399]

I don't have the data that you're looking for, but the hunch you have is correct. Redistribution of wealth would remove so much value from said wealth that you'd end up just destroying the value that you're trying to redistribute. This would leave all the working classes with pretty much the same level of wealth that they started with, however there would now be few job opportunities, as equality of wealth would render employment almost impossible, as there's no one with the upfront capital to pay anyone to do anything. At this point society collapses and the majority starve to death, those who survive being those with hunting skills or who already had a homestead in a safe environment. The working class become the peasant class, and the state reigns dominant. See "USSR" for more.

[Anonymous No.15775452]

>>15775247
Better people would fill those positions shekkelstein

[Anonymous No.15775577]

Bump

[Anonymous No.15775597]

>>15775215
>he believes price signalling still works in 2019

[Anonymous No.15775762]

Any non-rich person who is against soaking the rich is a classcuck and probably a deluded self-imagined "temporarily embarrassed future millionaire."

[Anonymous No.15775800]

>>15775762
>>15775597

But taking their wealth won't actually mean you will be able to consume any more stuff

The working class consumes 99% of all consumer goods

[Anonymous No.15775842]

>>15775356
money that you would spend on goods and services...provided by other people? other people that, like yourself, have been given money and said "fuck a job" uh oh brainlet, you're in a sticky wicket now

[Anonymous No.15775981]

>>15775762
you have never led anyone to solve a complicated problem, including yourself.

[Anonymous No.15776205]

>>15775215
I am in no way a elite arse licker, i do not liek them and they dont really provide much for society however, what i have a problem with is this eat the rich idea also targeting those who own small businesses who got rich from entrepreneurship. I find it disgusting that they would want to tax the self employed more than some retard working ina factory who cant think outside of the box for once. I dont think the self employed should be taxed at all desu

So no i dont think the "eat the rich" idea is great and although im not a fan of the financial elite, the unwashed masses are just as bad and they shoudl equally be exterminated alongside the elite