This is _precisely_ equal to saying 'Every person in this country has a right to all the labor & resources of everybody else, to be expropriated through the coercive power of the state, & redistributed as the state sees fit'. But I guess Bernie's version sounds better.https://twitter.com/BernieSanders/status/1168592173589094404 …
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Combine a severe shift in the economic calculus behind starting or growing companies here with a demonstrated willingness to trap and dismantle personal wealth at the whims of the electorate and I think you have a recipe for absolute economic catastrophe
Attempt a fair transition — taxing incomes + other transactions at gradually increasing rates, allowing people to leave — and you can probably get *some* of what Bernie promises at great cost. Change the rules rapidly and trap extant value via force, expect a nightmare scenario
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AFAICT, the softer voices underestimate how many successful people in the US would hesitantly leave if the terms changed substantially, and the louder voices simply hate the rich and are satisfied with anything that looks ruinous for them. There is no reality-based conversation.
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This isn't to say that the broken institutions on which Americans must rely are sustainable as-is. Ex: we have a medical system that will coerce you, in a state of severe injury or illness, to accept completely opaque and unlimited charges. It flies in the face of all precedent.
End of conversation
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