You could confiscate 99.9% of the wealth of the top 100 richest people in the world, and they would all still be wealthier than 99% of the world’s population.
People in structures doing actual evil don’t need to be rich themselves. They are fine with using their masters’ property or power to feed their own ego. And a lot of what happens using those can’t be directly controlled by said masters, but is accepted as normal side effect.
Confiscation of wealth is not enough. Borders and passages should be erected again where they have eroded, for individual freedom, including that of speech, individual property rights, and individual responsibility mirroring those. And impediments, like legal formalism, fear of responsibility, and cuckold culture of spectators getting their dopamine dose by reacting to posts in social media instead of action, should be cleared out.
That wealth is a symptom, not the core issue. The core issue is that societies are vulnerable to said cuckoldry.
It’s not “capitalism”. The way Jeff Bezos accumulated his power has the “capitalism” component much proportionally smaller than that in your honest earnings. “Capitalism” is a (not the worst in existence) system with rules for you, while for Jeff it’s a much more general system with no clear rules, the cloak and dagger macchiavellian stuff, the way Soviet elite power dynamics worked.
If you can live you life on 42000 I’d be impressed. I assume you mean 4x what you need yearly for a good life, daily? That’s more reasonable, but I think you’d still struggle at 42k a year these days.
“BuT hE’s WoRtH tHaT mUcH bEcAuSe Of AlL tHe HaRd WoRk He’S bEeN dOiNg!”
You tell that to his delivery drivers who can’t even scratch their nose while driving or that 1984-dystopia-esque automated surveillance system he puts in their vehicles flags it as “distracted driving” and punishes them.
Oh and they don’t even make enough to raise a family.
Not to defend the ultra-rich, but even most CEOs of small, shitty companies will not consider their employees’ well-being for one second if they they can the line go up for another half milimeter. It’s not helpful to consider just the most extreme cases like Bezos as “bad” and the low-tier ones as “not quite as bad”.
I have a mousewheel which I can unlock for it to just spin freely. And that still took me way longer than expected.
I just wish I were the sort of person to advocate for violence, because I think it might be useful in dealing with this issue, but I’m not, so I won’t.
He doesnt make that in actual money tho. Rich people’s value are vibes based egregors summoned through the stock market. So, in a similar vein, if the stock market crashes and never recovers, he loses most of his money. This is why I propose ripping down Wallstreet to starve the machine.
He’d still have a lot of property to his name, a lot of other assets and stuff that aren’t tied to an arbitrary stock market. Even if you crash it, mansions and luxury cars would still be very valuable. He will never not be a billionaire due to that.
That is, unless you redistribute his wealth. Then yeah, he wouldn’t be filthy rich anymore.
Very true, but you have to be able to sell those assets to gain from them. If the stock market is erased you can’t sell your yacht to another exploiter because their networth is decimated too and they can no longer borrow off anything but physical assets, and now they also have a massive “income” stream that is now down so borrowing is more risky. We coulda had a bad bitch of a society, instead we let the rich turn us all into Mammon zombies.
well it’s worse than that becase most of those houses and other assets were bought for the most part from loans taken out at very low interest rates against the stock he has in his company’s and other shares in his portfolio . The stocks on whole give better return than that interest rate. So it’s free money they can spend an they don’t even have to sell their stock and pay taxes on the returns just the dividends at a way lower rate that any working person. the way this is setup it becomes impossible for him to spend money fast enough for him to actually lose more money than he gained.
I’m addition to convenience Amazon has just killed off a lot of retail options. The only competitor left with brick and mortar is Walmart and somewhat best buy for electronics. Very hard to find those small specialty stores nowadays for little random things unless you live in a big metropolitan area. Even stores like Walmart now will have the same products by a million different brands instead of having an actual variety of products.
I would simply invest a small amount of money into all of the fastest growing equities every day for the next 20 years. Alternatively, I’d just get the NSA to pay me $600M/year for access to some servers that cost me around $50M/year to operate.
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You could confiscate 99.9% of the wealth of the top 100 richest people in the world, and they would all still be wealthier than 99% of the world’s population.
100% why it needs to happen.
This ignores a few other components.
People in structures doing actual evil don’t need to be rich themselves. They are fine with using their masters’ property or power to feed their own ego. And a lot of what happens using those can’t be directly controlled by said masters, but is accepted as normal side effect.
Confiscation of wealth is not enough. Borders and passages should be erected again where they have eroded, for individual freedom, including that of speech, individual property rights, and individual responsibility mirroring those. And impediments, like legal formalism, fear of responsibility, and cuckold culture of spectators getting their dopamine dose by reacting to posts in social media instead of action, should be cleared out.
That wealth is a symptom, not the core issue. The core issue is that societies are vulnerable to said cuckoldry.
It’s not “capitalism”. The way Jeff Bezos accumulated his power has the “capitalism” component much proportionally smaller than that in your honest earnings. “Capitalism” is a (not the worst in existence) system with rules for you, while for Jeff it’s a much more general system with no clear rules, the cloak and dagger macchiavellian stuff, the way Soviet elite power dynamics worked.
Should be 99.999% and then they’d still have 2.5 million…
4x times as much of what you need for a good life, in a day.
If you can live you life on 42000 I’d be impressed. I assume you mean 4x what you need yearly for a good life, daily? That’s more reasonable, but I think you’d still struggle at 42k a year these days.
8 / 4 = 2
Workday has ~ 8 hours, 8 * 2 = 16 (million)
Let’s assume 45 work years (20 to 65), that’s 350k a year.
Scratch that, half of it would be good income.
I think they meant 2e6$
By the time Harris or Trump finish out the next presidency you’ll be poorer and he’ll be making $10,000,00 an hour.
“BuT hE’s WoRtH tHaT mUcH bEcAuSe Of AlL tHe HaRd WoRk He’S bEeN dOiNg!”
You tell that to his delivery drivers who can’t even scratch their nose while driving or that 1984-dystopia-esque automated surveillance system he puts in their vehicles flags it as “distracted driving” and punishes them.
Oh and they don’t even make enough to raise a family.
Not to defend the ultra-rich, but even most CEOs of small, shitty companies will not consider their employees’ well-being for one second if they they can the line go up for another half milimeter. It’s not helpful to consider just the most extreme cases like Bezos as “bad” and the low-tier ones as “not quite as bad”.
Obligatory visualization: https://mkorostoff.github.io/1-pixel-wealth/
Jesus fucking Christ
seconded.
I have a mousewheel which I can unlock for it to just spin freely. And that still took me way longer than expected.
I just wish I were the sort of person to advocate for violence, because I think it might be useful in dealing with this issue, but I’m not, so I won’t.
I am, and I will. Violence isn’t always the answer. But it is a solution to this particular problem.
Most definitely.
How do I page right
He doesnt make that in actual money tho. Rich people’s value are vibes based egregors summoned through the stock market. So, in a similar vein, if the stock market crashes and never recovers, he loses most of his money. This is why I propose ripping down Wallstreet to starve the machine.
He’d still have a lot of property to his name, a lot of other assets and stuff that aren’t tied to an arbitrary stock market. Even if you crash it, mansions and luxury cars would still be very valuable. He will never not be a billionaire due to that.
That is, unless you redistribute his wealth. Then yeah, he wouldn’t be filthy rich anymore.
Very true, but you have to be able to sell those assets to gain from them. If the stock market is erased you can’t sell your yacht to another exploiter because their networth is decimated too and they can no longer borrow off anything but physical assets, and now they also have a massive “income” stream that is now down so borrowing is more risky. We coulda had a bad bitch of a society, instead we let the rich turn us all into Mammon zombies.
well it’s worse than that becase most of those houses and other assets were bought for the most part from loans taken out at very low interest rates against the stock he has in his company’s and other shares in his portfolio . The stocks on whole give better return than that interest rate. So it’s free money they can spend an they don’t even have to sell their stock and pay taxes on the returns just the dividends at a way lower rate that any working person. the way this is setup it becomes impossible for him to spend money fast enough for him to actually lose more money than he gained.
You do not talk about project mayhem
That meme needs to be updated, it’s $11,000 per hour since the birth of Christ now…
$124,111,680,000 if you’re curious (24x365x2024x7000).
$124,194,137,760 if you want to account for leap years (365.2425 days / year)
Did you omit the leap years when a year is divisible by 100 (but not 400)?
Yep, that’s why the decimal is .2425 instead of just .25
Still puzzles me why everybody’s still shopping at Amazon.
They’re top on my list of companies I don’t cater to:
Amazon Walmart Chick-fil-A Temu and those like them
I’m addition to convenience Amazon has just killed off a lot of retail options. The only competitor left with brick and mortar is Walmart and somewhat best buy for electronics. Very hard to find those small specialty stores nowadays for little random things unless you live in a big metropolitan area. Even stores like Walmart now will have the same products by a million different brands instead of having an actual variety of products.
deleted by creator
If you spent some of that time a little too close to a black hole you might have a chance though! Obviously you just wouldn’t be working hard enough!
I would simply invest a small amount of money into all of the fastest growing equities every day for the next 20 years. Alternatively, I’d just get the NSA to pay me $600M/year for access to some servers that cost me around $50M/year to operate.
deleted by creator
Yeah because making it isn’t only about just waiting for time to pass and money to come it, it is also about compounding.
I would have told her that attractiveness can’t make up for a lack of personality, but that Ola guy ain’t wrong either.