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Is the existence of multi-billionaires morally defensible?
Posted on 1/29/19 at 8:51 am
Posted on 1/29/19 at 8:51 am
That was one of the questions from last night. How scary is that
22
Posted on 1/29/19 at 8:52 am to Huge Richard
quote:
That was one of the questions from last night. How scary is that
Depends. What was her answer?
Posted on 1/29/19 at 8:53 am to Huge Richard
The radicals want a world where no one should get ahead of anyone else. everyone is equal. The government controls all and gets more perks than the average citizen.
Sound familiar? I feel like this has a name...
Sound familiar? I feel like this has a name...
Posted on 1/29/19 at 8:53 am to SSpaniel
The usually line... all of the laws passed benefit the top. I don’t think she said we should outlaw billionaires lol
Posted on 1/29/19 at 8:54 am to Huge Richard
Is the application of Socialism morally defensible from historical perspective?
Posted on 1/29/19 at 8:55 am to Huge Richard
This is easy. Yes. Wealth is not finite. Jeff Bezos having hundreds of billions does not necessitate anyone do withhout.
Posted on 1/29/19 at 8:56 am to Huge Richard
If a person has a lot of money and doesn't want to share most of it, you might be offended by that, and the person with a lot of money might tell you to GFY. Both of you have the right to do that in this country.
Posted on 1/29/19 at 8:56 am to Huge Richard
Abortions at 8 and 9/10 of a month are not defensible... yet they try to defend it.
Posted on 1/29/19 at 8:57 am to BlackAdam
quote:
Wealth is not finite.
What?
Posted on 1/29/19 at 8:59 am to Huge Richard
Counter-question: What will society lose if becoming a multi-billionaire becomes impossible?
Posted on 1/29/19 at 8:59 am to Huge Richard
typically peole who legitimately ask this question have no concept of wealth, stock ownership, income, and how those massive sums were acquired
Posted on 1/29/19 at 8:59 am to bmy
quote:
What?
Wealth is finite but in terms of wealth distribution you should expect to see some pretty extreme outliers (i.e. the multi billionaires)
I think what he meant to say is that wealth isn't a zero sum game. (i.e. if you don't have as much money as you would like it has nothing to do with someone like Bezos or Gates)
Posted on 1/29/19 at 9:01 am to Huge Richard
Why any billionaire would support the current Democrat party is puzzling to me. They've gone so far left and want to tax financial success out of existence. If I was a billionaire, why the hell would I donate money or support the campaign of members of a party that want to impose a 70% income tax on me?
Posted on 1/29/19 at 9:01 am to Huge Richard
The irony of it all: Multimillionaires pretending to be on the side of the sheep who suffer from envy.
Bigger irony: The side that screams "Nazi" at the drop of a hat whose main benefactor is a billionaire who collaborated with the Nazis.
Bigger irony: The side that screams "Nazi" at the drop of a hat whose main benefactor is a billionaire who collaborated with the Nazis.
Posted on 1/29/19 at 9:01 am to Huge Richard
Greed isn't morally defensible but I'm not sure that most of these people are in it for the money.
A lot of the genuinely love creating products and services that people want.
A lot of the genuinely love creating products and services that people want.
Posted on 1/29/19 at 9:01 am to bmy
quote:
What?
when we are dealing with stock valuations, printing/inflation, and markets, there isn't a finite amount
now if we're dealing with the value of tactile commodities on earth? sure. but that's not what's being discussed
Jeff Bezos doesn't have $150B in wealth because he owns $150B in tactile commodities, or hell, any sort of corporeal property
Posted on 1/29/19 at 9:01 am to Huge Richard
The billionaire got a trophy and they didn’t - how evil!
Posted on 1/29/19 at 9:02 am to bmy
There is no “ wealth pie “. Wealth is created. That there are still holdouts like you who use 19th century Agrarian economic models in the tech age is bad enough. That you would celebrate your economic ignorance with an emoji, feels almost like a board suicide. You just committed intellectual sepuku, but I’m afraid you may linger for awhile, unaware you are basically intellectually deceased.
Posted on 1/29/19 at 9:03 am to TrueTiger
quote:
Greed isn't morally defensible but I'm not sure that most of these people are in it for the money.
A lot of the genuinely love creating products and services that people want.
and power over their companies. i keep explaining this on social media to communists but they won't listen
Jeff Bezos wants to have enough shares to maintain power over Amazon. if they were worth half as much, he'd still want that. if they were worth 10x as much, he'd still want that. you cannot separate the estimated value of that stock from the ownership/power it gives the owner
Posted on 1/29/19 at 9:04 am to imjustafatkid
quote:
Counter-question: What will society lose if becoming a multi-billionaire becomes impossible?
You’re asking if we put a cap on earning, what would go wrong? Do we really need to answer that?
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