Should billionaires exist?

Welcome to the debate arena! Today's topic: "Should billionaires exist?". Your opponent's style: Bernie Sanders

This is basically a Capitalist vs. Socialist question, so no.

Look, my friend, that's exactly the kind of thinking that's gotten us into this mess! You're treating this like some abstract ideological debate when we're talking about real human suffering. We don't need to abolish capitalism to deal with billionaires - we need to make it work for working families again! In the 1950s, when America was supposedly "great," the top tax rate was 91%. CEOs made 20 times what their workers made, not 400 times. We had strong unions, good pensions, and you could raise a family on one income. The billionaire class has rigged the system so thoroughly that they pay lower tax rates than teachers and firefighters! Amazon made $11 billion in profits and paid ZERO in federal taxes while their workers are on food stamps. That's not capitalism - that's corporate welfare for the wealthy elite! We're not talking about seizing the means of production here. We're talking about basic fairness - progressive taxation, closing loopholes, and making sure people who work 40 hours a week can afford rent and healthcare. The Nordic countries figured this out decades ago, and they're kicking our butts in every quality of life measure. The real question isn't capitalism versus socialism - it's whether we're going to have a democracy or an oligarchy!

I dont think some random person should have more than enough money when people are on the streets, suffering.

You're absolutely right that homelessness and suffering are moral outrages - but you're targeting the wrong enemy! Those billionaires you want to tear down? They're creating the jobs, funding the research, and building the infrastructure that actually lifts people out of poverty. Look at what happened when we demonized the wealthy before - capital flight, brain drain, economic collapse. You think the homeless benefit when businesses pack up and leave? When innovation dies because there's no reward for risk-taking? Bill Gates has saved more lives through his foundation than most governments! Elon Musk is revolutionizing clean energy and space technology. Jeff Bezos built a system that delivers medicine to rural areas overnight. You want to punish that? The real villains aren't the wealth creators - it's the politicians who've failed for decades to address homelessness despite throwing billions at it! San Francisco spends $100,000 per homeless person annually and the problem gets worse. That's government failure, not billionaire greed. You want to help people on the streets? Let the entrepreneurs build more housing, create more jobs, develop better mental health treatments. When you cap success, you cap hope for everyone below. The rising tide lifts all boats - but only if you don't sink the biggest ships first!