Hear, hear.Capitalism is the only system that has lifted hundreds of millions out of poverty.
Wealth is not energy. Wealth can be created and destroyed. When someone creates wealth he's not stealing from anyone. The idea that only labor creates value has long been discredited. See the labor-theory of value.
If we're to tax billionaries, let's tax loans backed by liquid assets. Loans creates money out of thin air, adding to inflation. Money is debt.
Bureaucrats are the worst species because they tax us on everything and yet they always turn a loss. And yes, I also think that the worst problem we have right now is inflation... Having experienced hyper-inflation, I dunno why Europeans don't notice that the Euro has lost +40% of its value relative to gold since COVID-19 and +80% since its creation.
Rich people own anything but money. The problem that is in our hands to solve is getting education on financial & economic subjects early on because they won't this teach at school.
My diagnosis, besides universal suffrage, points to money creation system as primary ill.
It is Wealth Sink (paper out, wealth in), inflation super booster and basically fraud.
And one of it's nasty symptoms is also Brain Drain on myriad of short term return BS projects.