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.”
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