Who has a billion dollars? Your net worth is what someone is willing to pay for what you have, whether you've sold it or not. If a famous painter paints a new portrait, the value he's created wasn't taken from anyone. Nor if an entrepreneur creates a much-loved product.https://twitter.com/peterdaou/status/1206656298625966081 …
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Replying to @webdevMason @simplerusername
That is not the case at all. Billionaires are made from exploitation.
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Replying to @Unendedquest @cmac324 and
All the employees that worked in bookstores making minimum wage, the truckers that had to deliver her books while barely getting by, movie theater employees, need I continue? You can't make a billion without exploiting someone along the way.
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Replying to @Unendedquest @cmac324 and
I'm not saying the exploitation was intentional. I'm saying the system is broken and allows for people to be exploited for gain. If the people getting exploited had a safety net they could bargain for more. However they have no bargaining power. (Cause Unions have been destroyed)
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Replying to @Unendedquest @BigCougSteve and
You & I likely agree that societal safety nets are vital both to human well-being & to ensuring that everyone spends their time/energy on their best possible work in the world, but people who believe all wealth is aggregated through exploitation really don't have ears for this.
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Replying to @webdevMason @Unendedquest and
Not all wealth. Wealth over $1 billion. Once you reach that threshold and continue to try and accumulate wealth you become a villain. You have 100% freedom in your life at that point and could help millions that are not able to help themselves.
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Look, I can't continue talking to you about this until you give me some indication that you understand the difference between founding a company with some valuation & literally having that money in the bank, such that you or someone else could actually spend it to help themselves
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Replying to @webdevMason @BigCougSteve and
Even a lot of these founders spend long periods of time living off of *loans* so they don't have to sell their ownership stake in the companies they're building in order to pay their bills. This kind of wealth is not the same thing as having a wallet full of cash.
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