Comment by eadmund
7 months ago
No, it’s in the realm of the tens to hundreds of thousands one-time, depending on how many wealthy people one robs (see the sibling comment by 'edanm).
One of Æsop’s fables is about a goose who laid golden eggs: https://read.gov/aesop/091.html
Confiscating all the wealth of the richest folks and dividing it up evenly amongst everyone would be similar. Sure, there would be a one-time benefit, everyone not among the richest would get a bit extra — but soon enough it would all be gone. And what would be the follow-on consequences? Who would invest in new technologies, knowing that profits would be socialised and losses privatised?
you would have to make many changes to society to change the process that causes wealth to accumulate. there's no way these people would agree to a one time event (or structural changes for that matter as it goes completely against their interests), so you'd clearly have to make it a structural change for it to happen at all. these changes would have to account for R&D and other roles that the ultra-wealthy take upon themselves to select arbitrarily. theoretically such a system has the potential to be far more egalitarian than our stratified modern society.