{"id":261658,"date":"2025-11-26T11:00:36","date_gmt":"2025-11-26T11:00:36","guid":{"rendered":"https:\/\/www.worldsocialism.org\/spgb\/?post_type=snippet&p=261658"},"modified":"2025-11-25T17:22:30","modified_gmt":"2025-11-25T17:22:30","slug":"how-to-neuter-fat-cats","status":"publish","type":"snippet","link":"https:\/\/www.worldsocialism.org\/spgb\/snippet\/how-to-neuter-fat-cats\/","title":{"rendered":"How to neuter fat cats"},"content":{"rendered":"

A new BBC history series<\/a> concludes that ‘Wealth inequality is the most common and crucial element in societal collapse.’<\/p>\n

What to do? At a recent awards ceremony<\/a> singer Billie Eilish, who is donating \u00a38m to fight food poverty, asked the question ‘If you’re a billionaire, why are you a billionaire?’ Her suggestion, to give it all away, reportedly annoyed Mark Zuckerberg.<\/p>\n

Many, including even Reform UK voters<\/a>, would support a wealth tax. But the tax proposed is usually modest – a mere ‘pantomime of pseudo-radicalism<\/a> in which the villains are some wankers on yachts.’ We say it’s pointless decrying wealth inequality as an ‘injustice’ while accepting the capitalist logic that created it. If you want to abolish inequality, abolish capitalism.<\/p>\n","protected":false},"template":"","class_list":["post-261658","snippet","type-snippet","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/snippet\/261658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/snippet"}],"about":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/types\/snippet"}],"wp:attachment":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/media?parent=261658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}