CMV: I don't think Billionaires are the problem with our society, and eliminating them probably isn't going to fix everything.

Before I begin, I want to clarify that I don't love billionaires; those with such massive wealth cause massive impacts on the climate and society in harmful ways, but people treat Billionaires like they are evil and hoarding wealth they could have had. I admittedly switched majors from Business, but Microeconomics and Macroeconomics seemed to make clear that the economy effectively boils down to supply and demand.

If we Tax billionaires, and then put that money towards buying more of a resource (Say, free college, or housing for all), that would simply increase the supply and cause a crash in that particular economic sector that would destroy it. Billionaires are somehow funding food for everyone to not go hungry would require more food to be produced. If that were a possibility, wouldn't we already be doing it to fill the demand for more food? There must be some other reason we don't do these things.

I think what I'm missing, but can't seem to prove to myself, is that it is just a money problem. Billionaires may have money, but they don't have all the resources; arguably, they don't even have a majority. They can put their fingers on the scale heavily for good or bad by making sure noble causes are funded, but making vast societal change is a government problem that needs to be solved by good policy. There's probably a balance to be had, but that balance to me means that we should probably be investing in improving communities with what we've got, rather than trying to pull from Billionaires' money, which would crash the economy and make things worse.