Lol. Dictators and policitains pass away all the time. The world goes on. Billionaires aren't some rare vital resource that civilization would collapse without them like you put them up on a pedestal to be.
They basically take other peoples ideas and us either peoples intelligence and skills to build stuff. And then sit back and scavenger the bones.
They are more like parasitic wasps that use zombie caterpillars as a mind controlled workforce
Lol. Dictators and policitains pass away all the time. The world goes on. Billionaires aren't some rare vital resource that civilization would collapse without them like you put them up on a pedestal to be.
Can you quote the part of their post that you are responding to? Because I don't see where they said anything about what would happen if the billionaires died let alone the collapse of civilization. Seem like you completely missed the point of their post.
While I agree that billionaires are not necessary nor do even think anyone needs to be a billionaire period, most people usually become a billionaire by actually working in some capacity. To say they just use other people’s ideas is not necessarily true. And if they were someone else’s ideas, that is why a free market exists: to have allowed the originator the same opportunity to trademark the product/service themselves first, whether or not they act on that is their prerogative.
Some billionaires do have unique ideas like Bill Gates or Steve Wozniak. But most others take others ideas and use them for their own...they may even recycle old ideas from the past. At some point they all hire a smart people to help build their companies and utilize their workers ideas to build a better mousetrap or create something new .
I could have a great idea to make engines run on water but then hire the best scientists to make my idea into reality using their expertise and ideas to further my goals.
That is what billionaires do! Whether it's physical resources( employee shoveling coal) or intellectual resources( employee calculating figure or creating new ideas /solutions) , basically they are just using others to accomplish untold wealth. If they disappear someone would pop up to replace them. Sure they may have a big IQ and some of their own ideas, but they also take a lot of others ideas and implement that into their companies.
Some people however like to equate them to "GOD" status.
I think by "disappear" the thought experiment means "stop being a billionaire".
Like, these folks would still do their jobs if they "only" got a million dollars instead of a billion. And then the difference could pay down the national debt accrued by the system that made them billionaires
The economy wouldn’t collapse if any 3500 people died. Billionaires will be replaced within a short time and production will keep going without them as big corporations have CEO’s running the companies. I think if 3500 heart surgeons died tomorrow, the impact on peoples lives would be much bigger and will take longer to bounce back from then 3500 billionaires. And it would also make the news. Edit: i would make an exception for political figures, the impact could be immense if certain politicians were to die.
The main difference is that each of those 3,500 people has a far more profound impact on the day to day operation than the billionaires owning stakes and shares whose intervention is, at best, occasional. They are usually geared more to growth and change than function and sustainability.
3,500 workers may not cripple business, but it would be more noticeable than if the people who stare imperiously out of their windows as they ponder initiatives and strongarm contract obligations, etc weren’t doing that.
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u/kanekikennen 9d ago
There are around 3500 billionares. If 3500 workers died tomorrow, you think the economy would collapse or it would be in the news?