Jeff Bezos and Elon Musk do a ton of objectively bad stuff, but I just want to be clear that the mere act of holding onto that much money in a world with this much inequality is in itself a brutally evil action, and alone makes them bad people.
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Austen my bud I know how money works but if you think they have it entirely reinvested into hiring people and creating stuff, then let's be clear: you don't.
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As a percentage, how much of their net worths do you think is sitting in a bank, and how much do you think is already redeployed (or just a market cap calculation that was never realized in cash in the first place)?
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It’s not about whether billionaires invest their money or put it under the mattress. “But they contribute to the economy!” doesn’t mean it’s morally right for any one person to have astronomically more power than everyone else. It’s anti-democratic, at its core.
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We invented democracies to avoid having kings. Billionaires may not wear crowns, but functionally, they are about the same. No human is a million times better than any other, and it produces worse outcomes for society to pretend otherwise.
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Disagree. Someone having more money does not make them better. People become billionaires when they create billions of dollars of value. I’m OK with that.
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LOL you actually believe this, dont you? even if this WERE true, is there seriously nothing left in those billions to invest into.. yknow, making the world a better place? God forbid, right?
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I mean, like trying to get the world off of fossil fuels to save us from global warming? Kind of like that? Giving money away is easy. Making it sustainable and impactful is very difficult.
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It really, really isn't.
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Oh, trickle down. Another 80s fantasy getting a reboot.
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Especially Bezos. Just follow the profitability of Amazon over the years (ie practically zero margins)
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Yes, yes I do
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