• UnderpantsWeevil@lemmy.world
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    5 months ago

    They would still have all the advantages of the business connections they made as a billionaire

    Business connections to other people who also had their money stripped away.

    I mean, we’ll never run the experiment because the folks in charge of the Laboratory of Democracy all sit on the boards of Microsoft, Boeing, and Berkshire Hathaway. But Bill Gates doesn’t benefit by hobnobbing with Warren Buffet when neither of them have any money.