"Who are you to say what a billionaire does with other people's labor? They own it after all." "When a billionaire dies, they should still get to say how other people's labor is used."
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Whenever people talk about how billionaires have the right to do what they want with their money, replace the word "money" with "other people's labor", because that is what they are buying.
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We're supposed to assume $100 to a person making $35,000/year is the same as $100 to a billionaire, then conclude that is "fair".
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Not without the labor of others to make them reality, no.
End of conversation
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Buying? Expropriating!
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That's a fair trade...
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My assumption is this. The labor market decides the rates. Failure of govts makes choices of people limited hence they settle for what the market gives. Its a willing buyer willing seller. If their wages are increased just because there's money, others will suffer
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That is what they paid too little for in the first place. That and taxes.https://twitter.com/existentialcoms/status/1025838667120631808 …
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Billionaires dictate public policy—how labor and resources are used. Build human-centric cities (NY) or auto-centric (LA)? When privately decided, who does the deed? Labor. Even if against collective interests. Labor repossesses homes for bosses that wouldn't have been otherwise.
End of conversation
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