Abolish Billionaires

Abolish billionaires. Okay, and then what? These ideas never seem to consider what the next steps are. Wealth and inequality will always exist no matter how hard you try to eradicate it. It is fortunately or unfortunately depending on your viewpoint, a fundamental part of the human condition.

The only viable stable long-term solution is focusing on uplifting the masses from the bottom up such that, even the poorest classes of people can have a basic standard of living. This of course entails some kind of universal basic income, which will definitely be difficult to achieve, but it is far more realistically achievable than just "abolishing billionaires". Violent and angry rhetoric like that may feel good and be great for garnering support, but is a road that leads ultimately to ruin.

This is a very stupid idea that will no doubt get a lot of attention for the author by people who will explain in great detail how stupid it is. I wonder if that was the intent?

There is zero chance of this ever happening. It is not worth the time to read about it.

Edit: Seriously, this is populist clickbait drivel the Times is running so the broke millennial demographic can drool over revenge fantasies of smashing the bourgeoisie while the Times and their cadre of surveillance partners figure out how to get them to buy a Lexus. Ignore it.

You may be right, but I don't think you could have made a less persuasive argument.

In a just society the only way you can get rich is through voluntary interaction by adding value to world. In our society you can get rich through legislation, which has created the wealthy parasitic class that earns a living by preventing competition.

To target all the rich is to loot and destroy your society. To target the wealthy parasitic class would be a revolution frankly.

So the billionaires are the ones causing all your problems?