Edward Ongweso, on the venture capitalists who squealed for a #BailOut this month:
> You would be hard-pressed to find another parasite that has so thoroughly wrecked the body and environment of its host, all while trying to convince the host that it is deserving of praise and further accommodation.
_The Incredible Tantrum Venture Capitalists Threw Over Silicon Valley Bank_
https://slate.com/technology/2023/03/silicon-valley-bank-rescue-venture-capital-calacanis-sacks-ackman-tantrum.html
#TooBigToJail #LateStageCapitalism #TheMoneyIsInTheWrongPlaces
#bailout #toobigtojail #latestagecapitalism #themoneyisinthewrongplaces
One possible wrong response to @mhoye that I've seen many times: "But that money isn't in *cash*, it just represents control of capital"
Yes, that's the point. Control of capital *is* the power to direct what people do, and to influence public policy. The power to block democratic use of resources.
That's what a #WealthTax does: take away that power from any single person.
To free the space for the *people* to more freely choose what to do with their resources.
#wealthtax #themoneyisinthewrongplaces