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Billionaires should not exist. They should be taxed out of existence.
Seriously. If they want to keep their money, they should be forced to invest it in companies that generate jobs.
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Yeah bullshit jobs make me annoyed too. Why can I not pump my own gas in your state? "Oh, those people need jobs." Okay that makes it more annoying to get gas but okay.
But there are jobs that need doing! These people could be building solar panels, working at carbon sequestration, or even just staffing childcare which we desperately need. Why are we wasting our workforce in made up jobs when we have work that needs doing?
Exactly, look up the broken window fallacy
I think I understand you're pro UBI. Just wanted to state that I'm pro UBI too. Especially instead of bullshit jobs.
That's a good point SuckMyWang
Isn’t that exactly where most billionaire’s wealth typically is? A lot is in stock of some company they started or invested in.
You can’t gobble up the excess value created by workers if there are no workers.
...unless you gobble up your rivals instead, creating a monopoly, shrinking the job pool through consolidation, sweating the remaining employees that are competing for the vanishing opportunities to keep a roof over their heads, causing market failure and generally fucking everyone over.
This is the strategy adopted by the likes of Bezos, Zuckerberg, the Waltons, and arguably the majority of the biggest drains on our society. Billionaires
Well yeah, all that consolation and abuse of the working class means more productivity per person, and since we definitely aren’t going to pay them more that means we’re now worth $100 billion versus the measly, honestly embarrassing, ten figures we had a decade ago. Single-digit billions, could you imagine the shame?
/s but what you describe is honestly seen as a good thing by c-suite sociopaths. The super rich people you mentioned are heroes to them. Such efficient use of capital to create shareholder value!
Yep. No pity. There is an upper limit on how much money one person can meaningfully benefit from. And our system creates these insane leaks that pour value into mile-deep, inch-wide holes. It’s honestly a form of waste. Radical capitalists should embrace this idea.