Yeah, no. Billionaires suck, including if they inherited the money (e: and then kept it to themselves; thanks kofe!). But being raised by shit heads does not mean you’re destined to become a shit head.
You’re contradicting yourself. If billionaires are shit heads, why does inheriting it inherently make you one? I agree with the other poster that keeping it all is the part that makes it shitty
There’s no moral reason to have that much money. If you earned $2500 a day (about a million dollars a year) it would take you just under 1200 years to earn a billion dollars. I personally believe you should earn more if you work harder than others but there’s simply no way anyone could work hard enough to deserve more than anyone should make in 15 lifetimes. If you are lucky enough to get that amount of money there’s no moral reason to keep it all.
Now think about how Bezos is worth 192.4 billion dollars. Hopefully that helps folks understand the problem. And by problem, I mean the largest threat we are facing to human existence. Every other issue we’re having stems from the fact that billionaires exist.
Say you work on a team with, say 50 people. Everyone works hard to generate money, but you’re the star of the show, so naturally you get to keep a little more of that money than everyone else. The question is, how much? Is it morally questionable to make double what everyone else does? What about 10x? What if you keep half for yourself, meaning those 49 other people combined make the same as you? Not enough? What about 100x as much as everyone else? 1000x?
Taylor Swift’s salary is about 1,700x the average in the music industry. People on her team are likely struggling to make ends meet or pay for hospital bills or support a family. Meanwhile, Taylor Swift is hoarding money like a fucking dragon.
It’s not really a problem that can be solved though. Should Taylor Swift’s team earn 2x more than Kanye’s? They possibly already earn above average what one usually would by supporting someone else.
She is obviously not going to refuse what people are willing to pay for her. Earnings for world famous musicians and actors always has and will be ridiculous.
The problem can be solved through progressive tax reform. Check it out:
The tax rate on the ultra-wealthy has decreased tremendously since the 70s. By making billionaires pay their fair share and closing tax loopholes, we can make huge improvements to wealth inequality and fund social programs that help people who need it most.
what makes you think it’s impossible? it seems unlikely but I wouldn’t say impossible
Because you can’t get that much without exploitation and refusing to share.
If a person inherits 1b. Does it automatically make him a bad person?
If they keep it for themselves, yes.
Ya because their bloodline is already corrupted. They were raised by shit heads. They will be shit heads. It runs in the family.
Yeah, no. Billionaires suck, including if they inherited the money (e: and then kept it to themselves; thanks kofe!). But being raised by shit heads does not mean you’re destined to become a shit head.
You’re contradicting yourself. If billionaires are shit heads, why does inheriting it inherently make you one? I agree with the other poster that keeping it all is the part that makes it shitty
Keeping it does.
Oh yeah, I agree with you! I should’ve specified, but I did only mean the ones who keep the inherited money. My bad :p
I bet your ancestors have done some really fucked up stuff
Wouldn’t know because I wasn’t raised by selfish assholes
genealogists? :)
If we went back to our common ancestor I assume we’d all find a great … grandmother stealing a club or something.
There’s no moral reason to have that much money. If you earned $2500 a day (about a million dollars a year) it would take you just under 1200 years to earn a billion dollars. I personally believe you should earn more if you work harder than others but there’s simply no way anyone could work hard enough to deserve more than anyone should make in 15 lifetimes. If you are lucky enough to get that amount of money there’s no moral reason to keep it all.
Now think about how Bezos is worth 192.4 billion dollars. Hopefully that helps folks understand the problem. And by problem, I mean the largest threat we are facing to human existence. Every other issue we’re having stems from the fact that billionaires exist.
Say you work on a team with, say 50 people. Everyone works hard to generate money, but you’re the star of the show, so naturally you get to keep a little more of that money than everyone else. The question is, how much? Is it morally questionable to make double what everyone else does? What about 10x? What if you keep half for yourself, meaning those 49 other people combined make the same as you? Not enough? What about 100x as much as everyone else? 1000x?
Taylor Swift’s salary is about 1,700x the average in the music industry. People on her team are likely struggling to make ends meet or pay for hospital bills or support a family. Meanwhile, Taylor Swift is hoarding money like a fucking dragon.
It’s not really a problem that can be solved though. Should Taylor Swift’s team earn 2x more than Kanye’s? They possibly already earn above average what one usually would by supporting someone else.
She is obviously not going to refuse what people are willing to pay for her. Earnings for world famous musicians and actors always has and will be ridiculous.
The problem can be solved through progressive tax reform. Check it out:
The tax rate on the ultra-wealthy has decreased tremendously since the 70s. By making billionaires pay their fair share and closing tax loopholes, we can make huge improvements to wealth inequality and fund social programs that help people who need it most.
A good person would never make it to a net worth of a billion dollars though. A good person would give away 999,999,000 to charity, for example.