Topic: Should billionaires exist?
Anonymous A started this discussion 1 month ago #131,726
https://youtu.be/AYG5RAH1fWI?t=5m40s
(Edited 49 seconds later.)
Anonymous B joined in and replied with this 1 month ago, 1 day later[^] [v] #1,408,519
Anonymous C joined in and replied with this 1 month ago, 1 day later, 2 days after the original post[^] [v] #1,408,714
its not a question of should, its more like why bother? youd unironically have a more productive struggle session trying to fly north for the winter without aircraft.
Anonymous D joined in and replied with this 1 month ago, 20 minutes later, 2 days after the original post[^] [v] #1,408,717
Anonymous D double-posted this 1 month ago, 1 minute later, 2 days after the original post[^] [v] #1,408,718
It’s a joke, you’d have to actually steal more like 10 of them.
I wonder how the economics of that would work in a war with a country that actually has their own fighter jets.
I wonder how the economics of that would work in a war with a country that actually has their own fighter jets.
Anonymous C replied with this 1 month ago, 4 hours later, 2 days after the original post[^] [v] #1,408,746
Anonymous E joined in and replied with this 1 month ago, 3 hours later, 2 days after the original post[^] [v] #1,408,761
Billionaires are the bogeyman for left wing people, the same way that trans women are the bogeyman for right wing people. Apparently all of society's ills are caused by billionaires. Many extreme billionaires don't actually have that wealth in cash or assets. They just own a lot of shares. They can't cash out the shares, because the value would drop.
Anonymous F joined in and replied with this 1 month ago, 10 minutes later, 2 days after the original post[^] [v] #1,408,767
Anonymous F double-posted this 1 month ago, 3 minutes later, 2 days after the original post[^] [v] #1,408,769
Unlike trans people, you do have to admit that there are some negative externalities caused by extreme wealth. Like buying politicians, spreading propaganda on social media, polluting the environment by creating forever chemicals and then getting lawyers to come up with legal arguments for why two toxic chemicals are totally different because you changed like one atom or something, etc.
Anonymous G joined in and replied with this 1 month ago, 5 hours later, 2 days after the original post[^] [v] #1,408,775
@1,408,761 (E)
If it's just paper wealth, commoners could still put it to use. I could live off of the dividends of 10 million comfortably for the rest of my life - I wouldn't even need billions!
If it's just paper wealth, commoners could still put it to use. I could live off of the dividends of 10 million comfortably for the rest of my life - I wouldn't even need billions!
(Edited 24 seconds later.)
Anonymous H joined in and replied with this 1 month ago, 4 hours later, 2 days after the original post[^] [v] #1,408,785
@previous (G)
We have fiat currency so I’m not sure what the practical difference between "paper" and "real" wealth is, considering that money only has value because we all agree that it does.
Take Elon Musk for example, is it really a good thing for the world that a white South African guy who’s parents ran an emerald mine during apartheid has a net worth of 700 billion dollars, while the entire continent of Africa has a GDP of about 3 trillion? Surely, if he invested his wealth back into his homeland he could improve the living conditions of millions of people. Instead we trust this completely unpatriotic man to be loyal to America when he wasn’t born here. I don’t see how this is good exactly. It doesn’t seem justifiable really.
Billionaires also are aware that they don’t really deserve what they have and it kind of awkwardly slips out sometimes.
https://youtu.be/XeOwKmwWc-o
We have fiat currency so I’m not sure what the practical difference between "paper" and "real" wealth is, considering that money only has value because we all agree that it does.
Take Elon Musk for example, is it really a good thing for the world that a white South African guy who’s parents ran an emerald mine during apartheid has a net worth of 700 billion dollars, while the entire continent of Africa has a GDP of about 3 trillion? Surely, if he invested his wealth back into his homeland he could improve the living conditions of millions of people. Instead we trust this completely unpatriotic man to be loyal to America when he wasn’t born here. I don’t see how this is good exactly. It doesn’t seem justifiable really.
Billionaires also are aware that they don’t really deserve what they have and it kind of awkwardly slips out sometimes.
https://youtu.be/XeOwKmwWc-o