Billionaires, Economics, Libertarians

Save capitalism from capitalists!

Maxim: “Save capitalism from capitalists.”

Source: It’s not original to this website.  It’s a quote and even derived from the title of a book: Saving Capitalism from the Capitalists: Unleashing the Power of Financial Markets to Create Wealth and Spread Opportunity (2003) by Raghuram Rajan and Luigi Zingales.  Additionally, one form or other of this statement has been made by everyone from Theodore Roosevelt to Thomas Picketty (Capitalism in the 21st Century) to Rutger Bregman (Utopia for Realists). Continue reading “Save capitalism from capitalists!”

Billionaires, Economics, Libertarians

Increasing taxes on billionaires is redistribution . . . from the useless to the necessary.

Maxim: Taxation of billionaires is redistribution . . . from the useless to the necessary.

Effect:  Catchy because it takes a common conservative trope and converts it into a progressive truth.  Continue reading “Increasing taxes on billionaires is redistribution . . . from the useless to the necessary.”