<![CDATA[“War is bad.]]>“War is bad. Don’t start one. But we’re already in a class war and we’re losing. Where by “we” I mean most people; the winning side comprises, roughly, the richest 0.1% of the population, who are morphing into a hereditary aristocracy. So, what to do in a war one didn’t choose?”: https://www.tbray.org/ongoing/When/202x/2026/05/03/Life-During-Class-Wartime

]]>https://board.circlewithadot.net/topic/7e618b88-cbd0-4b75-82c9-0cc0b6eb0779/war-is-bad.RSS for NodeFri, 15 May 2026 10:24:11 GMTWed, 06 May 2026 16:23:06 GMT60<![CDATA[Reply to “War is bad. on Wed, 06 May 2026 20:11:21 GMT]]>@buck @timbray That was a decade ago.

]]>https://board.circlewithadot.net/post/https://mstdn.social/users/elfin/statuses/116529449006561496https://board.circlewithadot.net/post/https://mstdn.social/users/elfin/statuses/116529449006561496Wed, 06 May 2026 20:11:21 GMT<![CDATA[Reply to “War is bad. on Wed, 06 May 2026 19:11:40 GMT]]>@timbray yup absolutely, the opaqueness is key. I was amazed that seemingly not much came out of the Panama papers.

A pretty good book in this area is "treasure islands: tax havens and the men that stole the world". All about hiding your wealth. Infuriating

]]>https://board.circlewithadot.net/post/https://mastodon.social/users/psdavey/statuses/116529214301829970https://board.circlewithadot.net/post/https://mastodon.social/users/psdavey/statuses/116529214301829970Wed, 06 May 2026 19:11:40 GMT<![CDATA[Reply to “War is bad. on Wed, 06 May 2026 18:45:08 GMT]]>@psdavey Zucman, maybe the world's preeminent tax researcher, published research that only 10% of wealth held by citizens of developed companies is effectively hidden. [linked in blog piece] So we at least know where it is. But obviously you're right, international co-ordination would be a big deal here. Also forced disclosure of the beneficial owners of financial and real-estae assets.

]]>https://board.circlewithadot.net/post/https://cosocial.ca/users/timbray/statuses/116529109973806460https://board.circlewithadot.net/post/https://cosocial.ca/users/timbray/statuses/116529109973806460Wed, 06 May 2026 18:45:08 GMT<![CDATA[Reply to “War is bad. on Wed, 06 May 2026 18:33:07 GMT]]>@timbray that graph is chilling. It'll take massive coordination to achieve a global wealth tax, but, here's hoping.

How do you get around the issue of the super wealthy just moving their money around? I mean it'd still be a good thing to tax them, but, would that 2% tax end up in just a handful of countries?

]]>https://board.circlewithadot.net/post/https://mastodon.social/users/psdavey/statuses/116529062675303995https://board.circlewithadot.net/post/https://mastodon.social/users/psdavey/statuses/116529062675303995Wed, 06 May 2026 18:33:07 GMT<![CDATA[Reply to “War is bad. on Wed, 06 May 2026 17:50:19 GMT]]>@timbray I'm going to write a post of how increases in inequality lead to actual war. Tldr; Rich in a country once they reach a level of inequality can't exploit their own country anymore and must go exploiting somewhere else leading to war.

Class war and real war are deeply connected.

]]>https://board.circlewithadot.net/post/https://fosstodon.org/users/mempko/statuses/116528894404196800https://board.circlewithadot.net/post/https://fosstodon.org/users/mempko/statuses/116528894404196800Wed, 06 May 2026 17:50:19 GMT<![CDATA[Reply to “War is bad. on Wed, 06 May 2026 16:36:26 GMT]]>@timbray You, me and pretty much everyone reading this, are economically closer to a starving street child in <pick a country> than people who have 1% of the wealth of Bezos or Musk. But too many people don't even understand how broken that is.

]]>https://board.circlewithadot.net/post/https://mastodon.social/users/tkissing/statuses/116528603889852221https://board.circlewithadot.net/post/https://mastodon.social/users/tkissing/statuses/116528603889852221Wed, 06 May 2026 16:36:26 GMT<![CDATA[Reply to “War is bad. on Wed, 06 May 2026 16:32:39 GMT]]>@timbray Heading for the guillotine inflection point.

]]>https://board.circlewithadot.net/post/https://mastodon.social/users/buck/statuses/116528588982755264https://board.circlewithadot.net/post/https://mastodon.social/users/buck/statuses/116528588982755264Wed, 06 May 2026 16:32:39 GMT