smmn88

What exactly is the issue with having billionaires, as long as there is a decent standard of living for everyone and people are taken care of?

You need incentives to work hard and it is a good idea to have strong differences in outcome, as long as you have mostly equal opportunity.

Otherwise you end up where all socialist experiments end up: in economical, social and humanitarian hell.

Look at comments further below - "forceful redistribution" etc. This is as bad as it gets and I think people don't know what they are talking about.

Eastern Germany started this way - "no one is intending to build a wall" they said, until one day, it was there.

Why don't you all come and join us in Europe? We have what you are looking for:

- Universal high quality health care - Free education including high quality universities - Cheap or even free quality childcare - A social system that has everyone's back if shit hits the fan

No need to introduce socialism as some here seem to advocate. History has shown that this fails 100 out of 100 times, and it's been tried in every thinkable constellation.

Europe IMO has a better approach vs the US - still enough incentives to work hard, but aiming to afford everyone a humane existence. The main threat I see is that the balance is shifted too much to socialism over here, stifling innovation and ultimately destroying the wealth that funds all these goodies.