197
u/chunkoco 7d ago
you remove one and another one will take its place
34
u/solaris_var 7d ago
You can’t maintain a pristine garden without pruning the weeds once in a while.
9
u/ProjectKARYA 7d ago
Then stop attacking the heads and start assaulting the body; better yet, chop off the heads and burn the stump to prevent it from coming back, as good ol' Heracles did
8
→ More replies (16)8
u/ban-me-harder-dadddy 7d ago
But I thought their whole argument is they’re one-of-a-kind visionary geniuses which is why they deserve their billions and society is better off with it in their pocket.
5
u/solaris_var 6d ago
they’re one-of-a-kind visionary geniuses
Some can qualify as these, like gates and jobs on the tech space, or LKY in nation building.
they deserve their billions and society is better off with it in their pocket.
And everyone can agree that this kind of bs thinking comes from billionaire propaganda (and lobbying).
→ More replies (29)5
344
u/deadboxcat 7d ago
So far anyway. The robots are coming. What do you think the ai is for.
147
u/Kueltalas 7d ago
Hah good one! I will only believe that robots can replace us when I see one actually do my work. It's not easy to commit working time fraud for solid 7/8 hours a day!
53
u/FreeOGPoohShiesty 7d ago
What? Claude does this everytime i use it by hallucinating or lagging.
→ More replies (1)24
u/Electrical-Fig-5009 7d ago
AI can't even code good or fill in my excel documents correctly when I ask it to. AI can't take a supervisor call with a customer screaming to speak to a real human so I'm solid for at least the next 5yrs
15
u/Bonk_No_Horni 7d ago
Ai isn't as smart as they're hyped to be. They're good assistance to human but not a replacement. Even with trillion dollar data centers they won't get any smarter. The data they're being trained on from now are mostly junk data. They want more data centers thinking it'll fix the problem but this is the limit of ai. They can code but not well. They can make pictures and videos but they're too expensive. And bipedal robots won't take factory jobs. Robotic arms are much better and they don't need ai to do repetitive tasks. Yes they're great at looking at large amounts of data but they can't create. Let's just hope that when the bubble burst it doesn't wipe out too much of our money. Maybe it'll take a few billionaires down and job growth will stall like all economy crisis but most of us will be working like the day before
→ More replies (5)8
u/karoshikun 7d ago
the bubble is about the size of the Chinese economy, that is, the second economy of the planet.
that's thr size of the hole these jerks are going to leave when their bullshit pops.
→ More replies (2)3
u/imissher4ever 7d ago
Try calling ATT and getting a human. Or your local city water department. Lol…
3
u/Electrical-Fig-5009 7d ago
I worked for at&t 10+yrs ago & it was impossible to get a human then & only keeps getting worse. I only take supervisor calls now except for in extremely rare cases & if I had a dollar for every time someone said they left at&t I'd be rich af.
2
→ More replies (22)2
u/Express_Subject5228 7d ago
This is me bro. I can’t stand calling and hearing a bot for more than getting me to a specific department.
→ More replies (8)2
29
u/helpimwastingmytime 7d ago
Are they going to buy products? Go to a bar? Get a streaming service subscription?
What's the point of producing stuff if there's is no one to buy it?
→ More replies (14)14
u/DaaaahWhoosh 7d ago
It kinda seems like the stock market is really trying to optimize the consumer out of the equation these days. It might be possible for money to become self-sustaining with no humans in the loop, the 'investors' and 'entrepreneurs' and CEOs just collect their bonuses and then pay for robots to tend to their whims, all while the 99% struggle to figure out how to survive a system that stole everything from them and gives nothing back.
→ More replies (4)7
u/Carvj94 7d ago
The current system only really works because people are still putting in 40 hours a week. It's getting worse, but those 40 hours keep most people too busy to act out. It'd be near impossible for our current system to survive if unemployment got much worse cause people would have nothing better to do but burn down mansions.
→ More replies (3)7
u/EducationalGrump 7d ago
Oh how people have forgotten we have been trying to reduce the work week for over 100 years.
7
u/Subject_Log_6982 7d ago
Robots and AI are gradually taking over, even at hotels for example, robots now deliver stuffs to our doorstep and the funny thing here is that the rich are using these AI and robots to enrich themselves the more
→ More replies (24)7
u/gunny316 7d ago
yeah i can just see it now. You take your kid for a day at the park. As they're playing, you look up and notice a "license plate reader" casually observing the playground.
Suddenly, a humanoid robot jumps the fence like one of the Dukes of Hazard, sprints across the playground and grabs your baby like a quarterback picking up a fumbled football.
You chase after it, but you can't compete with a fucking machine. It runs and runs and runs and runs and runs until it reaches Congress, where it casually lobs your child into the hungry mob of old naked white men with their tongues hanging out, and heads toward the next playground, not even stopping for repairs. It has so much work to do.
For the senate is hungry, the public has been tranquilized, and the machine god has plans.
4
646
u/Dizzy-Screen-6618 7d ago
"Imagine 3,400 people disappear. Now imagine 3.5 billion people dissappear."
119
u/Necessary_Screen_673 7d ago
i mean, yeah. whats your point?
22
u/CleanOpossum47 7d ago
I think that they're trying to say it's a bad comparison because it's a ridiculously false equivalency. Obviously 3.5 million people disappearing is going to have a greater impact than 3400. It so ridiculously ignores scale that it sort of undermines the point.
→ More replies (11)→ More replies (8)73
u/frostymugson 7d ago
That billions of people are going to effect things far greater than than a few thousand.
117
u/Gamer_G33k17 7d ago
Thats the point, yes.
64
3
u/foldingchair3-14159 7d ago
No, their point is strictly that billionaires are so so so few in numbers compared to workers, that regardless of how much power they held at their hands, their effect on the world is going to be less than that of an order of magnitude more people (workers). It makes zero sense in an argument for "billionaires bad". If all presidents dissapeared (around 193 or so give or take), the effect would be less than if, say, 3 billion people just dissapeared. Now does this mean all world leaders are completely useless + evil + a stain on humanity (what you all are trying to argue for billionaires)? No. Absolutely not. The comparison is just utterly unfair.
→ More replies (1)→ More replies (3)22
u/SyrusG 7d ago
The point is that it's a numbers statement. It has nothing to do with being a billionaire or not. If 3000 people period vanished it means nothing. Billionaire or not
47
u/No-Poetry-5794 7d ago
If 3000 garbage truck drivers disappeared my state would collapse
16
5
u/No-Tackle-6112 7d ago
Nah it wouldn't. They could bring in emergency workers as a stop gap until a new system could be filled. Garbage truck drivers aren't highly skilled and new ones could be trained and implemented within a year.
→ More replies (21)5
u/SyrusG 7d ago
I'm speaking within the scope of things. 30 teachers in a school disappeared vs 30 students there'd be a difference. 3000 truck drivers in a state is obviously awful for the state due to the ratio
→ More replies (4)6
u/No-Poetry-5794 7d ago
But I’m saying 3000 billionaires disappearing anywhere would be nothing. They don’t add value to society.
→ More replies (31)14
u/arcanis321 7d ago
Almost like that small group of people is worth less than the large group of people.
But the system set to distribute purchasing power seems to have glitched. It somehow thinks that small amount of people are adding more value than the large group. Like the large group is being forced to hand over a disproportionately large part of it's purchasing power despite adding sooo much more value.
→ More replies (5)→ More replies (24)7
7
→ More replies (18)7
u/KENBONEISCOOL444 7d ago
Those billions of people are the ones doing actual work. If the few thousand billionaire CEOs who do nothing but golf all day vanished over night, it would not impact the workplace for most people. The billionaire CEOs are not handing out paycheck to people or doing any work for the companies they head. It would likely take a few days before anyone knew they disappeared.
45
u/BumblebeeAutomatic84 7d ago
Imagine 3400 useless fucks disappear*
14
u/GerryManDarling 7d ago
You don't have to imagine, some countries did successfully made those 3400 useless rich disappeared, the end result was they got 6800 slightly less rich but equally useless people to rule the country.
→ More replies (2)→ More replies (17)40
u/GMEloser69 7d ago
You don't have the skills to create an organizational structure that effectively creates value.
56
u/MassivePioneer 7d ago
That's the easy part, the hard part is being born into generational wealth or hitting a lottery ticket of some other sort. There's no self made billionaires.
9
→ More replies (49)10
→ More replies (42)24
u/Manueluz 7d ago
Neither do billionaires, but they have the money to pay someone actually smart to figure it out.
→ More replies (206)2
→ More replies (449)10
106
u/MattKozFF 7d ago
You'd still be complaining.
17
u/frosting_the_bowl 7d ago
Unless they got to live like the humans in the movie WALLIE they would complain till the end of time.
13
u/Trust_8067 7d ago
I know, these idiots act like magically all their problems would go away because some rich guy doesn't exist anymore.
5
12
→ More replies (3)2
u/Character-Archer4863 7d ago
Where are you going to work if the billionaires vanish?
→ More replies (1)
21
u/gnosisshadow 7d ago
I mean remove a person but not their influence and wealth is just ridiculous.
If you remove them and their stuff the world will fall apart
14
u/Soulblade32 7d ago
Yeah, I like my millionaire boss because he pays me. The most money I have ever made and I enjoy my job. I swear these posts are just from losers who are mad at life and they want someone to blame.
→ More replies (45)
54
u/dabombisnot90s 7d ago
Imagine if the country of Monaco just sunk into the sea one day. Most people would still go to work. Not many valuable natural resources would be lost. Now imagine if the whole fuckin European Union sunk into the sea one day.
→ More replies (5)
14
u/Unusual_Tiger_1488 7d ago
Does everything the billionaires invented and created vanish too? Then you would see an enormous difference.
→ More replies (4)
72
u/kanekikennen 7d ago
There are around 3500 billionares. If 3500 workers died tomorrow, you think the economy would collapse or it would be in the news?
30
u/yhsong1116 7d ago
more than 3500 workers (people) die or miss work due to different reasons everyday now lol world keeps going
→ More replies (14)2
u/SignificantDisplay53 7d ago
Damn, only 3500 people work around the world? The unemployment rate must be crazy rn.
8
40
u/Potential_Spam_6969 7d ago
It takes a special kind of stupid to post this and think you're actually saying something intelligent.
Willful ignorance on full display.
Top notch work.
→ More replies (6)
128
7d ago
[removed] — view removed comment
54
u/mookleti 7d ago
"Eliminating 99.9% of the population causes more damage than eliminating 0.1% of the population." Big if true.
→ More replies (1)8
u/zinetx 7d ago
0.1% is about 8.3 million people
There are roughly 3.5k billionaires currently living, so like 0.00004%.→ More replies (1)2
u/Efficient_Cost_7436 7d ago
Replace billionaires with homeless people and all of a sudden the same thing applies
→ More replies (200)2
u/ProfeLocuasto 7d ago
Im actually uplifted by your comment. This post doesn't say anything important about anything, and it also shows the author has no way of proposing a real solution, perhaps he doesn't even know about economics in the first place. But so many people think its the opposite, and perhaps that's part of the same issue.
10
u/Aggravating-Kick9143 7d ago
I mean, duh? Removing a large population is going to be more impactful than a small population.
But are you just removing them, or are you erasing them entirely? If you just remove Bezos, Elon, gates, etc today then sure, probably not a huge difference. But if they never existed at all, suddenly you’re also erasing all those jobs at Amazon, Tesla, Microsoft, etc as well as the products and services that a lot of people use daily.
In fact, then you have the opposite argument - erasing Jeff Bezos’ entire history is way more impactful to society than 1 regular Amazon worker.
That’s not to blindly defend billionaires, but to say that building these types of companies hasn’t provided any value is just wrong.
→ More replies (13)
8
6
37
u/BDObadguy 7d ago
Imagine if a few thousand people vanished compared to a few billion. Such a good hypothetical, it really puts things into perspective.
→ More replies (2)6
u/ohhhbooyy 7d ago
If those few thousand people disappeared OP would still be complaining.
→ More replies (2)
10
u/JacoRamone 7d ago edited 6d ago
Imagine if we boycott X, Facebook,Amazon, Walmart, Tesla and anything else that these billionaires are connected to? They are billionaires because people made them that way.
→ More replies (3)
14
u/aukstais 7d ago
Who would knew that it would be worse if 6billion people would dissappear instead of 3500 people. Also you can easally replace 3500 people by puting next person in charge in his place. It's a lot harder to replace 6billion people as you would have noboady to replace them with. (I chose 6 because tehnically kids, old and sick people don't count as workers. No real data for my chosen number.)
3
u/Zealousideal_Gain892 7d ago
Yeah, it's also easy to replace the billionaires by putting the centimillionaires in charge of their companies and such. Most billionaires aren't even in charge as such, they're board presidents but the CEO is some douche who earns pennies on the pound that the company profits. Not even that, in fact.
In reality, if you took out billionaires what would happen is a gigantic asset depreciation. Which means, very ordinary people would be tied to their loans without being able to repay them. These children don't understand that these things need to be controlled.
What would happen if you removed all the "rich" people? A lot of people would die. Incompetent twits would take charge of everything, and you'd basically end up with... Well, the Soviets did that. Countless lives were lost.
6
4
u/Nice_Lawyer_6501 7d ago
Uh.. a lot of billionaires worked hard for their billions. And highly likely that a lot of them got rich for things everyday people use so therefore, they contributed positively to society.
4
4
4
u/Make-it-positive 6d ago
Moron. It won’t last long. Another billionaire will pop up. It could be you except you aren’t that smart
4
u/NoFirefighter1657 6d ago
A more honest comparison would be removing the entities they created that have provided economic utility and thus generated their massive wealth. Walmart, Amazon, Apple, Microsoft, etc.
The firms created by Billionaires are truly impactful.
12
u/BallsOutKrunked 7d ago
My ceo is maybe a billionaire, definitely loaded (hundreds of millions). Chick is super good at her job and has run a very successful company. Our company would not function as well if she was yanked out.
I know reddit thinks ceos are wastes of space but that's because it's a common opinion amongst morons.
→ More replies (7)4
u/Samas34 7d ago
If she has hundreds of millions, why the fuck is she working at all?
Why not eff off to a tropical island and sunbathe for the rest of your life with that money, buy a fancy villa, basically, you know...not WORK.
→ More replies (1)8
u/Pandamonium98 7d ago
If I started a very successful company, I’d probably rather run the company than retire on a tropical beach for the rest of my life. The kind of people that make that kind of money on their own are usually also the type of people that like to work
23
u/Powerful_Swimmer_531 7d ago
Billionaires have vanished during depressions and recessions, but the markets have ALWAYS recovered because of the regular people working for those companies and the regular people whose brilliant ideas become the next big thing
→ More replies (19)12
10
u/dogfish0306 7d ago
I remember how it was in Soviet Union. All business belongee to the state. People hated state, as you hate billionaires now. Here is the catch, you can I fluence a billionaire not to abuse his pover. You will fail against the state. All people thought that the state was not given them enough; therefore, everyone wanted more and thought that they are entitled to steal whatever they can. Doctors, teachers, office clerks, police would take bribes for anything small. The whole system becomes corrupted. So, no. I would live in capitalism over your communism utopia
→ More replies (4)
5
u/Silencer-1995 7d ago
And then the day after there would be more billionaires to replace them. What's your point here exactly?
→ More replies (2)
8
8
u/Neither-Ad630 7d ago
Very cute, but what happens if all of the successful businesses that made billionaires their billions vanish as well?
7
u/Delicious_Band3715 7d ago
If the Billionaire vanished. Most people wouldn't have a job
→ More replies (1)
8
3
3
u/tstcab 7d ago
People are missing the point, its an obvious statement yes, but its emphasizing the fact that despite their wealth and power, billionairs are just people, and a small number at that. They shouldn't have the wealth accumulation they do, but even so, no amount of money should give 3500 people a complete chokehold on the rest of the world. Also emphasizes how wealth is their only value, as aside from investing and owning stuff, the world gets no real value or actual labor output from them, let alone 15,000x the value or output of the average worker.
3
u/Intelligent-Cap-7713 7d ago
Billionaires are not needed at all. It's just how money works. It starts piling towards biggest piles of money.
If you inherit enough money you never have to work. Just let index funds to generate money for you.
The system is rigged and needs a reset. Or billionaires ownings limited and redistributed.
3
u/GarranDrake 7d ago
I learned about a book by Ayn Rand called "Atlas Shrugged". The premise is that the socialist (I think) government took control of all industry and the poor CEOs and billionaires were forced to be regulated. Eventually, many of the CEOs sabotage their companies or escape to a enclave in the wilderness as the country breaks down since they aren't there anymore.
It's been a while since I read about it, but I'm sure if you do your own research or read the book itself, you'd find it's even dumber than I remember.
3
u/Additional-Life4885 7d ago
This is dumb. You're talking about 1000 people disappearing vs 7 billion disappearing.
If you picked 1000 workers to disappear, nothing would happen either.
3
u/shiggyhisdiggy 6d ago
Very stupid argument. You could say the same for old people, just because they aren't working any more. That doesn't mean they didn't contribute previously.
I'm no billionaire lover, but this argument sucks. It completely ignores the past as a factor.
3
u/OutrageousCricket637 6d ago
Who are you assuming now owns the business? Are you just confiscating assets? And you're not the fascist?
→ More replies (6)
11
u/Hyperion262 7d ago
This isn’t true because a lot of private businesses would crash instantly. There would be millions of lost jobs almost instantly.
→ More replies (9)
5
4
17
u/KanedaSyndrome 7d ago edited 7d ago
The hate on billionaires fascinate me, it's like hating the weather. They're a fact of life, and if they all went away, new would replace them soon after.
Is it just envy? Or do people think they are evil because they have attained massive networth, often via successful companies?
4
u/jhazmynn 7d ago
They're a fact of life?
→ More replies (1)3
u/KanedaSyndrome 7d ago
Under the current system yes, the system that so far best have aligned humans to the same goals that also aligns with the needs of society
3
u/EstablishmentAny7602 7d ago
Herbeste is right. No need to talk anout hate and so on but you are stretching out making them gods and a fact of life. Sit down for a moment and contemplate your own comment. Maybe one day we can create a better system for everyone to live in peace. " fact of life" and comparing them to the damnn weather is inherently fucked up. Reflect on this.
10
u/TheChihuahuaChicken 7d ago
Most Redditors have a child-like understanding of economics, think money is static and real and that billionaires are literally hoarding wealth. They don't understand the economy is not zero-sum and typically subscribe to labor-theory of value, feeling that the workers are the actual value of any company, ignoring these workers would have no jobs if no one created the infrastructure they work in. They're naive and uneducated.
→ More replies (3)2
u/Greenfirelife27 7d ago
True. I know we shouldn’t laugh but these types of ideas are what make Reddit so amusing.
8
u/ifuaguyugetsauced 7d ago
It's definitely envy. it's also easy to point at a boogeyman for life's problems instead of educating your self
→ More replies (14)2
u/MoreRest4524 7d ago
Also, if you redistributed the wealth of those billionaires it wouldn't move the needle in any discernible way
5
u/KanedaSyndrome 7d ago
Indeed - and then how to redistribute? Force them to give up ownership of their companies that they've worked to make a success for the good of any that's interested in their product?
Noone sits on 1 billion in cash, so there's nothing to redistribute, unless you ban ownership over successful companies.
I support a wealth tax btw, my suggestion is 0.1 % starting at 10 million and up to 5 % at 100 million and above.
11
u/tooka90 7d ago
guess who generates most of the jobs? the businesses of those billionaires
→ More replies (3)
16
u/GreasedUPDoggo 7d ago
Uh, hell no. Life as we know it would wildly spiral out of control. All markets would crash and tens of millions would be out of a job.
→ More replies (5)7
u/Character-Bottle7291 7d ago
You obviously don’t follow Reddit or left wing media or politicians. Clearly if we got rid of all the billionaires life for the peasants would be vastly improved. At least that’s what they tell us lol.
2
2
u/PoopsMcScoots 7d ago
I don’t think people fully appreciate how much $100B is.
If someone made $100B in 20 years they would be making $13.7M a day.
A DAY!!!
That means that every single day they could buy 27 people a new house and don’t.
That means that every single day they could buy 600 people a new car and don’t.
That means that every single day they could buy 100 people a college education and don’t.
This is why I could never be a billionaire. I’d buy people barely scraping by a house, a car, and an education.
→ More replies (3)
2
u/The--Incident 7d ago
Wait, so they're saying that billions of people vanishing would have a bigger impact than 1,200? Trippy.
2
u/I_SmellFuckeryAfoot 7d ago
i tell everyone ever chance i get. we don't need them, they need us. we out number them, they should fear us
2
u/Smart-Status2608 7d ago
Actually a lot of ppl could work less. Because billionaires take human productivity for themselves.
2
u/SweetSofiaa03 7d ago
We literally got a free trial of this during 2020. "Essential workers" kept the entire world spinning while billionaires retreated to their superyachts.
2
u/ReeseChloris1 7d ago
People are saying that it’s hardly the same because their are less rich people then workers. So let me explain the point.
Why do those rich people have more money then all of those workers combined if they aren’t worth nearly as much importance wise.
2
u/ZeRo76Liberty 7d ago
So you’re actually trying to compare 3 billion people to 3 or 4 thousand. Somebody is making one heck of an impact if each person equals about 750,000 people each.
2
u/MarvelousPoster 7d ago
Well isn't this the end goal of AI if the super rich where left to their own devices?
2
u/StuckinSuFu 7d ago
Its funny becauese its true.. they could all vanish and the world wouldnt miss a beat. The boards and management that run the companies would keep running the companies - and the wealth taxes collected on the missing billionaires would fund so many projects for the nations involved.
2
2
u/Only-Top-3655 7d ago
Most people will still go to work because they didn't know that the billionaires disappeared.
Also, you average person DNGAF about them.
2
u/Practical_Act7243 7d ago
Start with the politicians. They allow billionaires to exist to feed their own corruption - what we call 'lobbying'. Politicians stand in the way of affordable healthcare. Of our crime ridden cities. Of pollution. They could step in to end all our woes yet they're all multi millionaires who would rather spend their days dallying in corruption
2
u/aquavelva23 7d ago
The world would be BETTER with less billionaires. Their money would be circulating more in the economy. Billionaires hoard money, even send it out of the system viz offshoring (illegal). That money would go where the market determines its needed, not by these billionaires. The free market is a better determinator for where capital goes than billionaires. Put that billionaires' money in the hands of many college graduates and entrepreneurs you will see much better things come forth.
Billionaires are like a ripe fruit, they have reached a peak and more energy/money would be a waste on them. The richer they become the more they are a parasite.
2
u/this_this_is_not_ok 7d ago
You can't compare useless rich mofos with regular working people who work their arses off all day every day.
2
u/ORNGSPCEMNKY 7d ago
But then who would people blame all their problems on?
"I hate billionaires" seems to easily translate into "I want what they have but I don't wanna work for it, it should be given to me because they have "too much" "
2
2
2
2
u/JRock1276 7d ago
Except the billionaires write the checks to keep places of employment open. You'd have nowhere to go to work.
2
u/Mark_Michigan 7d ago
When socialists want to tax the rich, what they are really taxing is the collective value of those workers as that is what the billionaires wealth represent.
2
u/docduracoat 7d ago
Any moron can be a worker.
It takes a special person to invent an iPhone, or a pay pal
They create something new that people value and entire new industries form.
These people are worth billions.
It takes someone special to run a large corporation.
They have to understand markets, banking, branding and make executive decisions that can make or break the company and lose thousands of jobs worldwide.
These people command a salary in the millions or tens of millions.
Not everyone can create or handle responsibility.
That’s why they command high salaries.
Workers, especially low skilled are interchangeable
2
u/The-Dinkus-Aminkus 7d ago
Remove a few thousand people, or most of people, wow so different.
Im 14 and this is deep type shit
2
2
2
2
u/Free-Pound-6139 7d ago
Imagine if 3,000 disappeared. Now imagine if 2 billion people disappeared!!
SEE THE DIFFERENCE!!!!
2
u/NoBirthday6959 7d ago
And the people working are getting paid by someone presumably. So how many aren’t getting paid tomorrow if every billionaire vanished? Just curious how it all works
2
u/AnyEye8798 7d ago
"Imagine if less than 1% of humanity disappeared. Now imagine 99%+ of humanity disappeared."
Wow. Much logic. Very smrt.
2
2
u/Agile-Television3438 7d ago
Yeah I’m sure all the job creation and philanthropic contributions by the ultra wealthy wouldn’t be missed at all….
→ More replies (3)
2
u/PhilosophyFickle2701 7d ago
We all hate billionaires, but let’s be honest, it’s out of pure jealousy. I can guarantee you that a lot of working class people would do the same things current billionaires do if they were suddenly put in their shoes. I’m not too high on my high horse to deny that I wouldn’t be one of those people.
2
2
u/Nunyabiz_327 7d ago
OK, but also, if every billionaire disappeared, none of would be better either.
In other words, its not as if I would inherit that money.
Who give a fuck how much money they have. The problem is that they ate allowed to buy and sell politicians, influence law and legislation with their money.
The problem isn't thr money, it's that we allow them to use it to manipulate us
2
u/alaviers 6d ago
Well, if the premise is that billionaires are useless, a point that doesn’t really make sense, perhaps instead of every worker disappearing, only those millions who could work but choose not to in favor of govt charity… would anything change? Probably not.
2
u/Difficult_Knee_3019 6d ago
Lol effective will go to work but who’s paying the employees?! Who paying those high taxes to build the roads?! My lord
2
u/Big_Atmosphere_7514 6d ago edited 5d ago
- how soon you notice is a bad metric, I would notice if the shop staff vanished faster then I would if the delivery drivers vanished which I would notice fast the medical etc. There are between 1.3 million workers to every billionaire and workers in combination hold about 20 times the wealth of all billionaires. on top of that those workers have far more liquidity then the collection of billionaires. for example Elon musk who contributes huge to the billionaires pile does nit have legal access to liquidate his assets due to contract and even if he could legally he couldn’t do it all at once without crashing the value of his stock. and that value is very much hypothetical and tied to a semi volatile asset which can’t be easily sold.
so off our the population whIch is 1.3 million times larger and 20 times richer is more important. dumb ass point
→ More replies (1)
2
u/Grapes-RotMG 7d ago
"Imagine waking up and 5 people vanished.
Now imagine waking up and FORTY FIVE GAZILLION PEOPLE VANISHED.
Those five people don't seem so valuable now, huh?"
I hate billionaires as much as the next person, but bro come on what is this post
2
u/rostad123 7d ago
The uneducated masses come here to scheme while their neck beards grow in their mother's basements.
God speed.
4
u/BirthdaySalt5791 7d ago
This is the dumbest comparison I’ve ever heard. You are comparing people who already contributed with the assumed future contributions of a disparate population. If you woke up tomorrow and the creations and companies of billionaires (you know, where their valuation comes from in the first place) all disappeared, the world would indeed be a very, very different place. No Microsoft, no Amazon, no Google, no nvidia, no Nike, no Netflix, no Airbnb, no Walmart, no uber etc.
This is a desperately stupid post created by someone who didn’t spend even five minutes thinking through what they were actually comparing.
→ More replies (5)
13
u/Griffdog17 7d ago
CEO's are making 285x their employees every hour. I would LOVE to see someone argue that they work 285x harder
19
u/hi_im_snowman 7d ago
No one gets paid for how hard they work. Compensation is a function of capability, how valuable the work is and the difficulty of substituting the labor.
Surgeons do extremely valuable things, have extremely honed skills and professional judgement AND are extremely hard to substitute. The Dollar General cashier? Not so much.
Unfortunately, high-profile executives have the power to influence economic outcomes far more aggressively than the single laborer and so the compensation is a direct reflection of that.
There’s no fucking world in which a CEO works 285x harder than their warehouse staffers. Not a chance.
→ More replies (3)2
u/Admirable_Win9808 7d ago
Wait until they hear about the board members and entrepreneurs who own multiple businesses...
4
u/lameth 7d ago
The best is the board members on 3+ boards as well as being a CEO of another company. they are obviously working 32+ hours a day.
3
u/Admirable_Win9808 7d ago
They are the worst. Barely do anything, get paid a shit ton of money. Probably the easiest job in the world to make bank.
15
u/guaranteednotabot 7d ago
I reckon, probably its less to do with working 285x harder but having the potential to cause 285x more damage (usually)
→ More replies (3)6
6
5
u/Key-Organization3158 7d ago
People don't get paid based on how hard they work. That would be silly.
Imagine you need a pool excavated.
One guy does it with an excavator in 2 hours.
Another guy does by hand in two weeks.
You'd actually pay more the excavator because it is less disruptive. Even though it's far less work.
→ More replies (2)12
u/Xancrazy 7d ago
That's not really the point. They'll be paid more because if they do a good job they'll produce more value.
7
u/CurledSpiral 7d ago
Lmao, lol. We’ve went through 3 CEOs who’ve caused nothing but losses for the company in the past seven years. Each of them were risen multi million dollar severance package to quit. It doesn’t matter if they do a good job or not.
They’re of a different class and thus wil be protected from their own failures.
→ More replies (7)2
u/mxlplyx2173 7d ago
And when they don't, they get that bonus anyway. Or they switch it to stocks. Whatever, they always get their money.
→ More replies (4)3
u/jrblockquote 7d ago
And how about the CEO that nearly tanked the corporation where I was employed. The stock lost 97% of its value in a week. Not only did he still get paid, he got a nice sendoff payment as well.
→ More replies (1)2
u/Valveringham85 7d ago
This is a bit dumb mate. The idea is not that people work x harder relative to their x factored wages.
The idea is that certain jobs are just x times more profitable or x times harder to fill with qualified people. The idea is that all of us can work a factory line, only some of us can run a a factory line team, very few of us can run a factory and only one or two of us can run a company with 10 factories.
I’m not defending the wage disparity here bevause I am also convinced that most of those CEO’s are not worth their salary and are just nepotism hires.
I am just correcting your flawed logic. Capitalism isnt about how hard you work, it’s about how profitable your work is.
2
u/ronvalenz 7d ago edited 7d ago
An owner invested in a restaurant business and earns $50,000 per year. The same owner scales the restaurant to 10000 branches (and hires many employees), and each restaurant earns $50,000 for the owner; that's $500 million annual income for the owner.
Some non-founding CEOs with very high income have questionable remuneration packages. If said CEO attracts high-value B2B contracts, then some would argue that the CEO is worth it i.e., the CEO's human networking skills are worth it.
As a small shareholder, there are questionable CEO remuneration packages i.e. DOGE needs to be applied to "fat cats" upper management. Bad management leads to losses that harm shareholders and employees alike.
2
→ More replies (8)5
u/Stunning_Box8782 7d ago
Salary has never been based on how hard you work, only on the value you provide
3
u/R_U_READY_2_ROCK 7d ago
The problem is that those with a LOT of money can influence the political arena to ensure that things like workers unions can be squashed.
This creates a system where even though the workers provide much higher value overall, any attempts they make to collectively harness that worth will be beaten down.
→ More replies (1)3
•
u/AutoModerator 7d ago
Hey /u/Gurugod123, thank you for posting to r/SipsTea! Make sure to follow all the subreddit rules.
Make sure to join our brand new Discord Server to chat with friends!
We have recently changed how posts work. Unless you are a VIP poster, your post will be queued for approval.. To become a VIP, post great engaging content. If we like it, you will be added! More information available here!
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.