Billionaires 7 years ago:
https://web.archive.org/web/20171004002738/https://www.bloomberg.com/billionaires/
Billionaires today:
That’s 18 people who own about a tenth of the US GDP. Something needs to be done, and soon.
That’s 18 people who own about a tenth of the US GDP.
Okay, sure. But that’s bad analysis. GDP is annual and net-worth is lifetime total. That’s also global wealth, not US-domestic (four of them aren’t even American).
Agree with the sentiment, but we should really be talking about global wealth not national income.
Something needs to be done
Including 14 inn the US.
How many security guards can one of these assholes have on duty at any one time?
Dont y’all have assault rifles and semiautomatics on you at all times and you are all about being against tyranny? WHAT GIVES?
Well when paper money is continually speeding towards zero value, it’s no surprise that the most privileged have an endless supply.
Well when paper money is continually speeding towards zero value
Zeno’s Monetary Policy
tail -n +2 listAbove | cut -f 2 > DeathNote.txt
Billionaires are a political choice as much as homelessness. They are allowed to exist because nobody does anything about it.
They are allowed to exist because they can literally buy their own political system
There was an article celebrating the fact that we’re on our way to having the first trillionare.
I wanted to die. It’s so insanely fucking disgusting
Dis pos rel’van to beltalowda intres
Why would you go around celebrating untreated and ignored mental illnesses?
This is a list of people who’s creations I’d like to avoid, if at all possible.
It’s obvious for several people on this list, but how do I boycott someone like the Oracle guy? As a non-tech guy, it just seems impossible. I don’t even recognize several of these people, tbh.
It’s almost seems like the main thing you need to make money is money
A boring distopia is already even a single person having more than a single billion.
The overall average median lifetime earnings of $1,850,000 for men and $1,100,200 for women. Let’s just take the average and say an average American earns $1,475,100 in their lifetime.
The important thing to remember is, in an unequal system where workers have most of the value of their work taken by a single person who the system disproportionately favors, that value is translatable to literal life. They are directly, inexorably going to die having had that value simply transferred to the other person or people who collect that value. Or put succinctly, they are giving up life, and the “owner” of the business is gaining the value of their life.
Another note is that even though most valuations are stock, stock valuations do not exist in a vacuum. The stock market is the realizable increase in productivity value that we all collectively have caused.
So based on that principle, just for fun, let’s convert these fortunes to human lives, to better understand just how much (economically-valued) life force these people have taken from people:
Elon Musk: $262,000,000,000 = 176,259 American lives.
Jeff Bezos: $208,000,000,000 = 141,007 American lives.
Mark Zuckerberg: $203,000,000,000 = 137,617 American lives.
To take that farther I wonder how many employees they have. How close is the ratio of workers to their life value obtained by the owner.
just for fun, let’s convert these fortunes to human lives
Muh capitalism
How has musk maintained his companies’ valuations? Particularly Tesla.
Blatant fraud
Didn’t Bill Gates sign a pledge to give all of his money away? And he is billions richer than last year? Huh.
It’s all bullshit and marketing so people will regurgitate this lie. Everyone that says that puts it into a charity that they or their friends run.
Their children get high positions that allow them to have high paying jobs from the start. They have huge political influence which helps them with their other companies.
We need to redo our tax system and increase the top brackets. We also need to redo what is considered taxable and what can be claimed as a tax benefit.
Bill Gates a lying piese of shit? Who would have thought?
I went out in the rain yesterday and I got slightly moist. More at seven.
When is it ever enough?
“Inflation probably” -dumbasses in denial
jensen’s cool but the rest should get expropriated
I am super confused by this post.
Yes, there is a huge problem of equality in societies around the world.
I even posted an article here that was talking about how the difference in distribution of wealth among families in USA is huge.
Yet the existence of billionaires alone is not something surprising considering factors affecting the means of production, inflation and many other factors.
In order to be a boring dystopia, you need to list the top earners from the middle class or the poor to demonstrate your point.
Otherwise, this post is kind of meaningless, in my opinion.
