While I don’t think it’s true, I could accept the idea that it were possible to make that much money ethically. However, having that much and not doing good with it? To me that’s the bigger evil. Billionaires should be extincting themselves.
Entertainers could be an exception to the evil billionaire rule, but even Swift was doing things like renting out her jet, and her shows have a huge carbon footprint as well.
If she were paying for the pollution, the profit margins wouldn’t be so high.
Also we just need to tax most of the income over $1 million a year. Like we did before the 80s greed is good bullshit started.
Like this, it should just be harder by the mechanics of the game to just keep amassing dollars. Sure, you can have massively successful concerts and live an amazing life. Just pay for them in what it actually costs to society.
Nobody earns a billion dollars. Imagine it’s October 12, 1492. One of your ancestors is so excited about Columbus landing in America, that he starts putting aside the equivalent of 5000 dollars every single day. And through good fortune, every heir continues to do the same. 5000 dollars added to a pile every single day for over 530 years. 5000 dollars is more than most people make in a month and it accrues every. single. day. There is no interest on the money, but at the same time there are no taxes and nobody spends it on frivolous stuff like food or shelter or education or healthcare. And now, after more than 531 years you inherit it all and realize you’re not a billionaire. I know it’s an unrealistic thought experiment, but to me it shows that no billionaire ever earned their money.
You’re really close to $1B. I’m not actually sure what is thought provoking about this.
I also don’t know why it doesn’t show that a billionaire hasn’t earned their money. If Taylor Swift gets 10 million people to pay her $150 to go to her concerts in her life time, and her expenses are $50 per show, is she not a billionaire that earned $1B?
10 million tickets is only 400 shows if she’s filling 25k seat arenas.
None of this is actual math, but it’s not insane to me that someone could earn a billion dollars.
What is insane is that someone would sit on a billion dollars like a dragon on their pile of gold.
I think ever having that money, unless it’s just shit into your lap for some reason, precludes you from being the kind of person who can do that good. It takes a level of cutthroat and a degree of psychopathy to accumulate that much wealth in a single lifetime. So in essence, having and making that much are both fucked.
Bill Gates is probably the better billionaire of the bunch, but I can’t tell if he’s against the anti-billionaire tax policies because it would take away his privilege or if he believes he does more good with the money providing medicine in Africa than the government would do with it. Depending on his answer he’s just as bad as the rest of them.
He’s helped more people in impoverished nations than any other person I know of to have ever walked the earth. It’s estimated his charity programs saved 122 Million lives directly with medications, antibiotics, and vaccines. That is in addition to the indirect help from creating herd immunity and eradicating diseases in places that otherwise had no chance of controlling outbreaks. He’s been promoting CEPI and funding pandemic response efforts since the Mers and Sars outbreaks in the Middle East and further over a decade ago.
If it were discovered he butchered 15 people in his basement he would still be the best billionaire by a long stretch.
What if the actual crimes are even worse? What about the impacts of his company, his all-consuming brand? How many people have been killed as a result of the business practices that one HAS to employ in order to acquire that absurd level of wealth?
The real danger with billionaires isn’t them directly. They’re usually not so bloodthirsty as to directly kill people. That’s bad for the bottom line. But the simple fact is that getting to that point in the first place necessitates some fucked up shit happening, and at best donating all of his wealth may even the scales.
Not only is Microsoft not the monopoly that it is in the timeline where they obtained Apple and fought against Linux, but they also have very little negative impacts as a whole compared to larger hardware manufacturers. The majority of their income is from Office, Azure Servers, and Linkedin while minor contributions would be Gaming at 8% and Advertisement at 6%.
I absolutely support laws and systems that prevent Billionaires from ever forming to begin with, but the conversation I was having was that among all the Billionaires I think Bill Gates is top contender for good person status. I am also very apprehensive to right wing anti-Gates conspiracies because they’re very likely fueled by racists who don’t want to see him doing good things for impoverished in Africa, the Middle East, or Asia.
Like Buffet, Bill Gates has been publicly supportive of increased taxes for the rich. One could argue that he should disperse his wealth without being forced to, but one could also argue that if every good rich person gave away their money, without the bad rich people being forced to, we would only have bad rich people controlling our politicians. One could also argue that a good rich person can invest in good things that the public run government would not be able to or willing to. For instance vaccinating the entire world to make tuberculosis extinct would never be supported by the US government as a majority of americans don’t care about the poor in other countries and don’t want to pay for it. I find the whole “all rich people are evil” arguement to not hold up to pragmatic logic.
One could argue that he should disperse his wealth without being forced to, but one could also argue that if every good rich person gave away their money, without the bad rich people being forced to, we would only have bad rich people controlling our politicians.
On this note, Bill Gates started a club for billionaires in which the only requirement to join was to donate enough of your fortune during the time you’re in the club that you’re not longer a billionaire.
So he kind of checks every box here in your sentence, for better or for worse.
While I don’t think it’s true, I could accept the idea that it were possible to make that much money ethically. However, having that much and not doing good with it? To me that’s the bigger evil. Billionaires should be extincting themselves.
Entertainers could be an exception to the evil billionaire rule, but even Swift was doing things like renting out her jet, and her shows have a huge carbon footprint as well.
If she were paying for the pollution, the profit margins wouldn’t be so high.
Also we just need to tax most of the income over $1 million a year. Like we did before the 80s greed is good bullshit started.
Also there’s the whole “stealing the surplus labor” of the many people she employs thing.
Like this, it should just be harder by the mechanics of the game to just keep amassing dollars. Sure, you can have massively successful concerts and live an amazing life. Just pay for them in what it actually costs to society.
Here’s a quick and simple example of how much $1 million ($1,000,000,000,) is compared to $1 billion ($1,000,000,000,000.)
1 million seconds equals 11.57 days. 1 billion seconds equals 31.71 years. Days v.s. YEARS!
The different between one million and one billion is about a billion
Nobody earns a billion dollars. Imagine it’s October 12, 1492. One of your ancestors is so excited about Columbus landing in America, that he starts putting aside the equivalent of 5000 dollars every single day. And through good fortune, every heir continues to do the same. 5000 dollars added to a pile every single day for over 530 years. 5000 dollars is more than most people make in a month and it accrues every. single. day. There is no interest on the money, but at the same time there are no taxes and nobody spends it on frivolous stuff like food or shelter or education or healthcare. And now, after more than 531 years you inherit it all and realize you’re not a billionaire. I know it’s an unrealistic thought experiment, but to me it shows that no billionaire ever earned their money.
You’re really close to $1B. I’m not actually sure what is thought provoking about this.
I also don’t know why it doesn’t show that a billionaire hasn’t earned their money. If Taylor Swift gets 10 million people to pay her $150 to go to her concerts in her life time, and her expenses are $50 per show, is she not a billionaire that earned $1B?
10 million tickets is only 400 shows if she’s filling 25k seat arenas.
None of this is actual math, but it’s not insane to me that someone could earn a billion dollars.
What is insane is that someone would sit on a billion dollars like a dragon on their pile of gold.
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I think ever having that money, unless it’s just shit into your lap for some reason, precludes you from being the kind of person who can do that good. It takes a level of cutthroat and a degree of psychopathy to accumulate that much wealth in a single lifetime. So in essence, having and making that much are both fucked.
Bill Gates is probably the better billionaire of the bunch, but I can’t tell if he’s against the anti-billionaire tax policies because it would take away his privilege or if he believes he does more good with the money providing medicine in Africa than the government would do with it. Depending on his answer he’s just as bad as the rest of them.
He’s evil with billionaire PR and he actually wants to be thought well of. Don’t be fooled.
There can also be flawed but not evil billionaires.
He’s helped more people in impoverished nations than any other person I know of to have ever walked the earth. It’s estimated his charity programs saved 122 Million lives directly with medications, antibiotics, and vaccines. That is in addition to the indirect help from creating herd immunity and eradicating diseases in places that otherwise had no chance of controlling outbreaks. He’s been promoting CEPI and funding pandemic response efforts since the Mers and Sars outbreaks in the Middle East and further over a decade ago.
If it were discovered he butchered 15 people in his basement he would still be the best billionaire by a long stretch.
What if the actual crimes are even worse? What about the impacts of his company, his all-consuming brand? How many people have been killed as a result of the business practices that one HAS to employ in order to acquire that absurd level of wealth?
The real danger with billionaires isn’t them directly. They’re usually not so bloodthirsty as to directly kill people. That’s bad for the bottom line. But the simple fact is that getting to that point in the first place necessitates some fucked up shit happening, and at best donating all of his wealth may even the scales.
Not only is Microsoft not the monopoly that it is in the timeline where they obtained Apple and fought against Linux, but they also have very little negative impacts as a whole compared to larger hardware manufacturers. The majority of their income is from Office, Azure Servers, and Linkedin while minor contributions would be Gaming at 8% and Advertisement at 6%.
I absolutely support laws and systems that prevent Billionaires from ever forming to begin with, but the conversation I was having was that among all the Billionaires I think Bill Gates is top contender for good person status. I am also very apprehensive to right wing anti-Gates conspiracies because they’re very likely fueled by racists who don’t want to see him doing good things for impoverished in Africa, the Middle East, or Asia.
Like Buffet, Bill Gates has been publicly supportive of increased taxes for the rich. One could argue that he should disperse his wealth without being forced to, but one could also argue that if every good rich person gave away their money, without the bad rich people being forced to, we would only have bad rich people controlling our politicians. One could also argue that a good rich person can invest in good things that the public run government would not be able to or willing to. For instance vaccinating the entire world to make tuberculosis extinct would never be supported by the US government as a majority of americans don’t care about the poor in other countries and don’t want to pay for it. I find the whole “all rich people are evil” arguement to not hold up to pragmatic logic.
On this note, Bill Gates started a club for billionaires in which the only requirement to join was to donate enough of your fortune during the time you’re in the club that you’re not longer a billionaire.
So he kind of checks every box here in your sentence, for better or for worse.
Bill Gates supports higher taxes for the rich, that is true. However, he does not support a taxation policy that would eliminate billionaire status.
Any charity a rich person does is FAR better then giving it to the government to do something with.