Soon these oligarchs won't even own a window to jump out of
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What a great way to show the inefficiency of sanctions! /s
He'll soon be struck off.
And let this be a lesson to US Billionaires.
If most of them are as smart and lucid as Musk, they won't learn anything.
US billionaires think they can control Trump, and that's very likely true. The worst is yet to come for these billionaires when someone who can truly reverse the power dynamics and thus rule them with an iron fist, as well as the common people, takes the throne.
Trump cannot be controlled, everything is purely transactional with him. The moment he gains more from taking businesses by force, thats what he will do.
Trust and deals have no meaning to him. This is a theif without honor.
Somebody didn't watch Rules for Rulers, keep your elite happy or they'll come together and turn on you.
Fingers crossed.
You remember those old “In Soviet Russia” backwards jokes? It’s like that, but unironically.
Putin has consolidated power to the point that he doesn’t serve at the behest of Russian billionaires; they only exist due to his whims - and they can cease to exist just as quickly.
‘Blowout’ by Rachel Maddow touches on this, it’s an interesting read/listen.
Not if you have a loyal, competent police apparatus to round up anyone who dares to step out of line.
Strukov is about to suffer the effects of defenestration.
It’s giving Elon-Trump vibes
This is a pretty good example of why I say even millinoaires and billionaires should support a functional democractic society with taxation and regulation and social safety nets. Its the old penny wise and pound foolish. Getting a sliver more and a sliver more and then you lose it all because the rule of law was thrown out long ago. It won't necessarily take that long to. At a certain point it could happen at any time. Maybe it will. Maybe it won't.
Rich people live under the fear of losing it all. As sharing is synonymous with losing to them, no one wants it and everyone is caught in this loop.
I'm becoming convinced it's an actual mental disease, or at least grossly maladaptive
It's a mental disease in the same sense as drapetomania used to be
https://en.m.wikipedia.org/wiki/Drapetomania
Drapetomania was a proposed mental illness that […] hypothesized as the cause of enslaved Americans fleeing captivity.
I could make some guesses, but I'm not sure what you meant by this. What did you mean?
Some adaptation pretty human mechanism which looks unnatural because it's not us who experience it although given the same circumstances we would do the same
Smaller scale millionaires perhaps. Once they go multinational, it becomes very difficult to significantly harm them even if one country decides to dispossess their business. This has already happened to large corporations that exist today through nationalization at various places and points in time. E.g. Shell after Venezuelan oil nationalization.
That requires rule of law to actually work. Putin is well known to murder problematic oligarchs. Combined with some proper blackmail, that tends to work very well.
Or you end being shoot on the street and the entire world celebrates it.
That was a fun day
This all depends on the people born into wealth being reasonable people.
Most are unhinged psychopaths or nepo babies with too much ego.
Which is why wealth needs to be forcefully redistributed, they won't do it voluntarily.
Wealth is actually being redistributed quite a bit in Russia right now. The oligarchs are paying for the war and "the people" are getting much higher wages either in the military or because of labor shortages.
It's not great, what with all the death and destruction. But Russians gini coefficient is going down fast.
a functional democratic society would not have billionaires and hopefully millionaires neither
Strukov’s company has denied the incident entirely, stating that he was in Moscow on the day in question and calling the reports “disinformation.” But court documents confirm that a judge had already banned him and his family from leaving the country, and government agencies moved quickly to enforce it.
I will now recommend the Sad Oligarch podcast. Short series on the mysterious deaths of Russian oligarchs in the last few years.
A friend of a friend is the daughter of a Russian oligarch. It was a messy situation in which she was at risk of being drawn into the politics, even though her dad was an asshole who she would've been glad to see defenestrated. I only know the surface level info, but it sounds like a fucked up situation in many ways
Billionaires siding with dictators thinking they'll be protected?
It's funny to me that they think they'll be special, every single time. "They won't throw me out the window for my fortune!"
Well, in the case of Nazi Germany it worked spectacularly well. Many of Germanys most rich people are inheritors to industrial fortunes that got unimaginably rich with selling weapons to the Nazi army and using forced labor from the concentration camps. The families Quandt/Klatten (BMW) and Porsche/Piech (Porsche,VW, Audi...) come to mind directly. The Krupps are also still in the game although they have gambled a lot of money away over the past decades
Never ask Mr. Kühne where his family's fortune came from, or what their most popular cargo was in the 40s.
It is worth mentioning that in the case of krupps they made a lot of money selling arms in WWI and they purchased newspapers to sell the war to increase profits.
Own all the newspapers... Propaganda... Seems familiar.
They made a good coffee grinder though. We’re still running our’s from the early 90s.
Ooooh, gringo broligarchs, cast your eyes upon all the fucks left to give, and see that $Trump wallet may also be empty.
The USA elite should take notice. It'll happen to them too. Trump will ruin them if things get between himself and them.
This is the oligarchy that American technocrats want to recreate at home. Owning things is dependent on being alive. Maybe paying a couple percent extra on taxes is worth it.