The idea of business is a super complex adaptive system and I think it is a topic that needs to be looked at from both opposing sides (i.e. a compromise should be agreed upon). That being said, I envision a world where corporate business is transparent (has no alternative motives in regards to DAF's) and sustainable interventions can be implemented and the economy can still stay strong. I think the idea of completely removing billionaires is fundamentally flawed as I believe it would have severe implications on our economy and global markets. Billionaires often reinvest their money into new companies and stocks ultimately providing services at more efficient and cheaper rates, but also allowing more job opportunities to arise for the general population. We also need to empathize with these people as most of them have created key innovations that have generational impacts, therefore they do deserve the wealth they have accumulated. Furthermore, my suggestion for intervention is consistency and strict laws on heavily taxing the ultra rich. Even though these billionaires may not like this, I believe they need to come to a realization that this is the best case scenario for dealing with wealth inequality.
I have included an interesting article posted by the University of Michigan that highlights “The Economics of Billionaires” and provides support for my view.