Billionaires exist as a result of well-established property rights and free-market systems. These markets encourage innovation through decentralized, grassroots efforts that produce in-demand goods and services.
Billionaires exist as a result of well-established property rights and free-market systems. These markets encourage innovation through decentralized, grassroots efforts that produce in-demand goods and services.
Innovations like the smartphone, same-day delivery, and self-driving vehicles exemplify this achievement—something unlikely to emerge from a centralized, socialist structure.
The preference is for a world where such wealth accumulation is an accepted byproduct of these systems.
"Z OHRAN MAMDANI: 'THERE IS NO NEED TO ELIMINATE BILLIONAIRES.'"