Nuts.
Via Daily Wire:
On Wednesday, The New York Times published a piece by an opinion columnist in which he insisted on abolishing billionaires. Quoting respected experts such as Rep. Alexandria Ocasio-Cortez, ethicist Peter Singer of Princeton University, (yes, the very same Peter Singer of whom The New York Times itself once wrote, “To Singer, a newborn has no greater right to life than any other being of comparable rationality and capacity for emotion, including pigs, dogs, and cows”) and billionaire leftist Tom Steyer, who has made it an obsession to remove President Trump from office, Farhad Manjoo makes his case that allowing anyone to have billions of dollars is wrong and something must be done about it.
Manjoo posits, “At some level of extreme wealth, money inevitably corrupts. On the left and the right, it buys political power, it silences dissent, it serves primarily to perpetuate ever-greater wealth, often unrelated to any reciprocal social good.”
Manjoo offers no data to back up this claim; he simply parrots the old cliché about money corrupting, without considering that among the wealthy, there are people who are generous and people who are not, just as there are among all social classes. Referencing an article from Tom Scocca, editor of Hmm Daily, which stated, “Billionaires are bad. We should presumptively get rid of billionaires. All of them,” Manjoo concurs: