Current Events > Wealth shown to scale.

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Delirious_Beard 07/12/21 2:20:41 AM #102:	g980 posted... Sometimes i wonder if you are a parody account they aren't, sadly --- https://imgur.com/hLHUnOI You act like I don't know my own way home <cite>Delirious_Beard posted [p:955996406] in Wealth sho... [t:79559157]...</cite> <quote>g980 posted... </cite> <quote>Sometimes i wonder if you are a parody account</quote> they aren't, sadly </quote> ... Copied to Clipboard!
MajesticFerret 07/12/21 2:42:02 AM #103:	TrollTrace posted... That money could be used in infrastructure and a bunch of other projects that help society instead of him using it as a figure to flex on people with less money. Businesses like facebook and amazon etc. Are not forged from competition but chosen in a lottery like system by the invisible hand of the market. You are aware Jeff Bezos money is tied in the stock market, something that is affected by supply and demand and requires people to actually buy it in order to sell it, and is based on future appreciated value based on earnings that only result if it keeps giving back value to people, right? Jeff Bezos literally could not liquidate vast portions of Amazon even if he wanted. And if he flooded the stock market with his enormous share count that nobody can even afford to buy, his shares would plummet and all this imaginary money people who don't know anything about the stock market keep wanking would massively plummet in value. He is rich because he owns tons of share in Amazon, which are valuable, because they are in market demand and are in scarcity. Flood the market with a gajillion shares and their worth plummets tremendously. So who is rich enough to liquidate Bezos stocks? The government could do it, but then they'd be giving up tax payer money to buy a mega corporation, and governments owning big corporations is communism, not that the government is much better at paying people good wages for menial labor either, they just give better retirement plans and benefits...so you'll still be broke working from them, you'll just get rewarded with ok healthcare and you'll get to retire slightly above poverty level, which I guess is better than not retiring at all. I guess foreign governments could buy Bezos stock, so then China gets to own vast shares of Amazon and have a say in how the company is run because we think a man holding a bunch of imaginary money that is only worth what it is worth due to very specific market conditions is so problematic. But I digress, no Jeff can't simply just "give" all his imaginary money away and fix all the world's problems. The only people rich enough to buy Jeff out at this point are literal governments, and if our own government buys him out, they're paying 185B in our tax money to do it, and if any other government buys him out...well, you are no probably answering to the Chinese or Russians. That being said, I would like Amazon to pay their workers a bit more given how they've proven how profitable and sustainable their business model is, but a vast majority of Americans below the poverty line aren't there because Amazon underpays them, they literally don't work for Amazon and they're there because of disability, or they fucked themselves into poverty by having too many kids they can't afford, or got addicted to life ruining drugs, or have a debilitatingly bad criminal record, or refusing to work full time. --- Sanity is a one trick pony, all you get with it is rational thought, but with crazy the sky's the limit. <cite>MajesticFerret posted [p:955996707] in Wealth sho... [t:79559157]...</cite> <quote>TrollTrace posted... </cite> <quote>That money could be used in infrastructure and a bunch of other projects that help society instead of him using it as a figure to flex on people with less money. Businesses like facebook and amazon etc. Are not forged from competition but chosen in a lottery like system by the invisible hand of the market.</quote> You are aware Jeff Bezos money is tied in the stock market, something that is affected by supply and demand and requires people to actually buy it in order to sell it, and is based on future appreciated value based on earnings that only result if it keeps giving back value to people, right? Jeff Bezos literally could not liquidate vast portions of Amazon even if he wanted. And if he flooded the stock market with his enormous share count that nobody can even afford to buy, his shares would plummet and all this imaginary money people who don't know anything about the stock market keep wanking would massively plummet in value. He is rich because he owns tons of share in Amazon, which are valuable, because they are in market demand and are in scarcity. Flood the market with a gajillion shares and their worth plummets tremendously. So who is rich enough to liquidate Bezos stocks? The government could do it, but then they'd be giving up tax payer money to buy a mega corporation, and governments owning big corporations is communism, not that the government is much better at paying people good wages for menial labor either, they just give better retirement plans and benefits...so you'll still be broke working from them, you'll just get rewarded with ok healthcare and you'll get to retire slightly above poverty level, which I guess is better than not retiring at all. I guess foreign governments could buy Bezos stock, so then China gets to own vast shares of Amazon and have a say in how the company is run because we think a man holding a bunch of imaginary money that is only worth what it is worth due to very specific market conditions is so problematic. But I digress, no Jeff can't simply just "give" all his imaginary money away and fix all the world's problems. The only people rich enough to buy Jeff out at this point are literal governments, and if our own government buys him out, they're paying 185B in our tax money to do it, and if any other government buys him out...well, you are no probably answering to the Chinese or Russians. That being said, I would like Amazon to pay their workers a bit more given how they've proven how profitable and sustainable their business model is, but a vast majority of Americans below the poverty line aren't there because Amazon underpays them, they literally don't work for Amazon and they're there because of disability, or they fucked themselves into poverty by having too many kids they can't afford, or got addicted to life ruining drugs, or have a debilitatingly bad criminal record, or refusing to work full time. </quote> ... Copied to Clipboard!
1337toothbrush 07/12/21 2:46:26 AM #104:	MajesticFerret posted... You are aware Jeff Bezos money is tied in the stock market Who isn't aware of this? Jeff Bezos's greatest asslickers rush to every discussion on the internet about this to bring this up. That doesn't change much in terms of how wealthy he is. If it did, he wouldn't have been able to set up a hobby space company which is the kind of thing that used to be exclusively the domain of governments who could print their own money. --- https://gamefaqs.gamespot.com/boards/261-politics/78252375/931554955 https://imgur.com/a/FU9H8 - https://imgur.com/ZkQRDsR - https://imgur.com/2x2gtgP <cite>1337toothbrush posted [p:955996765] in Wealth sho... [t:79559157]...</cite> <quote>MajesticFerret posted... </cite> <quote>You are aware Jeff Bezos money is tied in the stock market</quote>Who isn't aware of this? Jeff Bezos's greatest asslickers rush to every discussion on the internet about this to bring this up. That doesn't change much in terms of how wealthy he is. If it did, he wouldn't have been able to set up a hobby space company which is the kind of thing that used to be exclusively the domain of governments who could print their own money. </quote> ... Copied to Clipboard!
g980 07/12/21 6:32:17 AM #105:	averagejoel posted... do you agree that wealthy people should not be able to decide, on a whim, which programs receive funding and which don't? If a wealthy person wanted to donate 100% of their income to good causes rather than 40% to government programs of society's choosing, i would be fine with that --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:955999257] in Wealth sho... [t:79559157]...</cite> <quote>averagejoel posted...</cite> <quote> do you agree that wealthy people should not be able to decide, on a whim, which programs receive funding and which don't? </quote> If a wealthy person wanted to donate 100% of their income to good causes rather than 40% to government programs of society's choosing, i would be fine with that</quote> ... Copied to Clipboard!
averagejoel 07/12/21 7:42:10 AM #106:	g980 posted... If a wealthy person wanted to donate 100% of their income to good causes rather than 40% to government programs of society's choosing, i would be fine with that cool. now answer my actual question --- peanut butter and dick <cite>averagejoel posted [p:956000074] in Wealth sho... [t:79559157]...</cite> <quote>g980 posted... </cite> <quote>If a wealthy person wanted to donate 100% of their income to good causes rather than 40% to government programs of society's choosing, i would be fine with that</quote>cool. now answer my actual question </quote> ... Copied to Clipboard!
pistachio12 07/12/21 11:26:30 AM #107:	1337toothbrush posted... Who isn't aware of this? Jeff Bezos's greatest asslickers rush to every discussion on the internet about this to bring this up. That doesn't change much in terms of how wealthy he is. If it did, he wouldn't have been able to set up a hobby space company which is the kind of thing that used to be exclusively the domain of governments who could print their own money. Completely agree. And on top of what you say, people completely disregard that he uses those stocks as leverage for so many other things like buying a house for $165 million. Look what his imaginary stock did! Oh and what about MacKenzie Scott's donations in the past year. That imaginary stock has sure been used to help so many people! Either Bezos (and all the ultra wealthy like him) is the richest man in the world or he's a figment of his stocks. Interestingly, places like Forbes choose to include stocks in a person's worth... g980 posted... If a wealthy person wanted to donate 100% of their income to good causes rather than 40% to government programs of society's choosing, i would be fine with that That's easy when all these people take a salary of $1. Now they've donated 100% of their income! Find me an ultra wealthy person who has donated even 40% of their wealth to good causes. You can @ me when you do. <cite>pistachio12 posted [p:956004501] in Wealth sho... [t:79559157]...</cite> <quote>1337toothbrush posted... </cite> <quote>Who isn't aware of this? Jeff Bezos's greatest asslickers rush to every discussion on the internet about this to bring this up. That doesn't change much in terms of how wealthy he is. If it did, he wouldn't have been able to set up a hobby space company which is the kind of thing that used to be exclusively the domain of governments who could print their own money.</quote> Completely agree. And on top of what you say, people completely disregard that he uses those stocks as leverage for so many other things like buying a house for $165 million. Look what his imaginary stock did! Oh and what about MacKenzie Scott's donations in the past year. That imaginary stock has sure been used to help so many people! Either Bezos (and all the ultra wealthy like him) is the richest man in the world or he's a figment of his stocks. Interestingly, places like Forbes choose to include stocks in a person's worth... g980 posted... </cite> <quote>If a wealthy person wanted to donate 100% of their income to good causes rather than 40% to government programs of society's choosing, i would be fine with that</quote> That's easy when all these people take a salary of $1. Now they've donated 100% of their income! Find me an ultra wealthy person who has donated even 40% of their wealth to good causes. You can @ me when you do. </quote> ... Copied to Clipboard!
FF_Redux 07/12/21 11:32:19 AM #108:	I dont even have pixel of money --- https://imgur.com/hRsG4 https://i.imgtc.com/zZQ38Hb.jpg https://imgur.com/Z4cir https://imgur.com/qEyGS https://imgur.com/37KDT <cite>FF_Redux posted [p:956004642] in Wealth sho... [t:79559157]...</cite> <quote>I dont even have pixel of money </quote> ... Copied to Clipboard!
CapnMuffin 07/12/21 12:07:55 PM #109:	1337toothbrush posted... Who isn't aware of this? Jeff Bezos's greatest asslickers rush to every discussion on the internet about this to bring this up. That doesn't change much in terms of how wealthy he is. If it did, he wouldn't have been able to set up a hobby space company which is the kind of thing that used to be exclusively the domain of governments who could print their own money. The link in the OP actually brings up this exact argument https://github.com/MKorostoff/1-pixel-wealth/blob/master/THE_PAPER_BILLIONAIRE.md <cite>CapnMuffin posted [p:956005633] in Wealth sho... [t:79559157]...</cite> <quote>1337toothbrush posted... </cite> <quote>Who isn't aware of this? Jeff Bezos's greatest asslickers rush to every discussion on the internet about this to bring this up. That doesn't change much in terms of how wealthy he is. If it did, he wouldn't have been able to set up a hobby space company which is the kind of thing that used to be exclusively the domain of governments who could print their own money.</quote>The link in the OP actually brings up this exact argument https://github.com/MKorostoff/1-pixel-wealth/blob/master/THE_PAPER_BILLIONAIRE.md </quote> ... Copied to Clipboard!
MutantJohn 07/12/21 12:10:49 PM #110:	The problem with wealth disparity is that it shows assets aren't distributed evenly. I.e Bezos has so many more assets than you that you'll never be able to compete. Caputalism without competition isn't capitalism --- "Oh, my mother; oh, my friends, ask the angels, will I ever see heaven again?" - Laura Marling <cite>MutantJohn posted [p:956005691] in Wealth sho... [t:79559157]...</cite> <quote>The problem with wealth disparity is that it shows assets aren't distributed evenly. I.e Bezos has so many more assets than you that you'll never be able to compete. Caputalism without competition isn't capitalism </quote> ... Copied to Clipboard!
MajesticFerret 07/12/21 12:30:48 PM #111:	pistachio12 posted... Completely agree. And on top of what you say, people completely disregard that he uses those stocks as leverage for so many other things like buying a house for $165 million. Look what his imaginary stock did! Ok, then show his actual liquidable assets to scale and not this monsterous sum of money that it would quite literally be impossible for him to cash in all at once without it massively depreciating in value. A lot of people worth a whole lot less than 185B own houses in the 100M range. Oh and what about MacKenzie Scott's donations in the past year. That imaginary stock has sure been used to help so many people! Still doesn't represent the absurd wanking that his "wealth to scale" represents. It would actually be interesting to see the exact amount of people MacKenzie's donations helped given a lot of charity money is lost to bullshit beauracracy. Either Bezos (and all the ultra wealthy like him) is the richest man in the world or he's a figment of his stocks. Interestingly, places like Forbes choose to include stocks in a person's worth... Oh no, he's still stupidly rich, but the people acting like you could liquidate all his money and magically change the world are delusional. His wealth is based on him selling something, something that literally only governments can afford, so only our tax payer dollars or a foreign tax payer dollars could properly liquidate him all at once. To not tank Amazon's stock price, he has to liquidate in reasonable sums...and when he does this, he is taxed... Point is, the guy paying "nothing" in taxes is only being pushed with people with an agenda that know damn well he is paying taxes but want more money for their own personal gain (because the richest neighborhood in America is owned by people who are "public servants" with 200k/yr salaries but they own $30M houses...) and we have practically no problem paying for most government programs as is. --- Sanity is a one trick pony, all you get with it is rational thought, but with crazy the sky's the limit. <cite>MajesticFerret posted [p:956006208] in Wealth sho... [t:79559157]...</cite> <quote>pistachio12 posted... </cite> <quote>Completely agree. And on top of what you say, people completely disregard that he uses those stocks as leverage for so many other things like buying a house for $165 million. Look what his imaginary stock did!</quote> Ok, then show his actual liquidable assets to scale and not this monsterous sum of money that it would quite literally be impossible for him to cash in all at once without it massively depreciating in value. A lot of people worth a whole lot less than 185B own houses in the 100M range. <quote>Oh and what about MacKenzie Scott's donations in the past year. That imaginary stock has sure been used to help so many people!</quote> Still doesn't represent the absurd wanking that his "wealth to scale" represents. It would actually be interesting to see the exact amount of people MacKenzie's donations helped given a lot of charity money is lost to bullshit beauracracy. <quote>Either Bezos (and all the ultra wealthy like him) is the richest man in the world or he's a figment of his stocks. Interestingly, places like Forbes choose to include stocks in a person's worth...</quote> Oh no, he's still stupidly rich, but the people acting like you could liquidate all his money and magically change the world are delusional. His wealth is based on him selling something, something that literally only governments can afford, so only our tax payer dollars or a foreign tax payer dollars could properly liquidate him all at once. To not tank Amazon's stock price, he has to liquidate in reasonable sums...and when he does this, he is taxed... Point is, the guy paying "nothing" in taxes is only being pushed with people with an agenda that know damn well he is paying taxes but want more money for their own personal gain (because the richest neighborhood in America is owned by people who are "public servants" with 200k/yr salaries but they own $30M houses...) and we have practically no problem paying for most government programs as is. </quote> ... Copied to Clipboard!
pistachio12 07/12/21 1:10:46 PM #112:	MajesticFerret posted... Ok, then show his actual liquidable assets to scale and not this monsterous sum of money that it would quite literally be impossible for him to cash in all at once without it massively depreciating in value. A lot of people worth a whole lot less than 185B own houses in the 100M range. I'm not arguing he could cash out 100+ billion dollars right now. But you're pretending that he somehow doesn't have a vast amount of money on hand. He can still access absurd amounts of money without blanking out his entire set of stocks and still be the wealthiest individual. You bringing up how other wealthy people own homes as expensive does not counter these claims. MajesticFerret posted... Still doesn't represent the absurd wanking that his "wealth to scale" represents. It would actually be interesting to see the exact amount of people MacKenzie's donations helped given a lot of charity money is lost to bullshit beauracracy. People are trying to point how even small fractions of his wealth to scale would benefit huge amounts of people. And if we're so concerned about her charitable donations (and I hope that also means you're concerned about others charitable donations), then let's have the government take that money through taxes instead. MajesticFerret posted... To not tank Amazon's stock price, he has to liquidate in reasonable sums...and when he does this, he is taxed... And this is what you seemingly are missing here: people like Bezos are able to leverage their wealth to live the life of the upper class without spending money. Propublica did a whole series about it, but most bootlickers dismiss it as either 1) "duh, we already knew this," or 2) any of the talkong points used in this topic which don't even acknowledge what is being addressed here. We don't have to liquidate all of Bezos's stocks. But when the man can pay 0 in taxes by working our tax system, it's absolutely absurd. The focus only on income versus wealth is a poor one in the US and needs to be properly addressed. <cite>pistachio12 posted [p:956007344] in Wealth sho... [t:79559157]...</cite> <quote>MajesticFerret posted... </cite> <quote>Ok, then show his actual liquidable assets to scale and not this monsterous sum of money that it would quite literally be impossible for him to cash in all at once without it massively depreciating in value. A lot of people worth a whole lot less than 185B own houses in the 100M range.</quote> I'm not arguing he could cash out 100+ billion dollars right now. But you're pretending that he somehow doesn't have a vast amount of money on hand. He can still access absurd amounts of money without blanking out his entire set of stocks and still be the wealthiest individual. You bringing up how other wealthy people own homes as expensive does not counter these claims. MajesticFerret posted... </cite> <quote>Still doesn't represent the absurd wanking that his "wealth to scale" represents. It would actually be interesting to see the exact amount of people MacKenzie's donations helped given a lot of charity money is lost to bullshit beauracracy.</quote> People are trying to point how even small fractions of his wealth to scale would benefit huge amounts of people. And if we're so concerned about her charitable donations (and I hope that also means you're concerned about others charitable donations), then let's have the government take that money through taxes instead. MajesticFerret posted... </cite> <quote>To not tank Amazon's stock price, he has to liquidate in reasonable sums...and when he does this, he is taxed...</quote> And this is what you seemingly are missing here: people like Bezos are able to leverage their wealth to live the life of the upper class without spending money. Propublica did a whole series about it, but most bootlickers dismiss it as either 1) "duh, we already knew this," or 2) any of the talkong points used in this topic which don't even acknowledge what is being addressed here. We don't have to liquidate all of Bezos's stocks. But when the man can pay 0 in taxes by working our tax system, it's absolutely absurd. The focus only on income versus wealth is a poor one in the US and needs to be properly addressed. </quote> ... Copied to Clipboard!
ThePusher 07/13/21 9:01:47 PM #113:	i wonder if da billionaire slurpers kno dat dey will never be a billionaire, ever <cite>ThePusher posted [p:956055615] in Wealth sho... [t:79559157]...</cite> <quote>i wonder if da billionaire slurpers kno dat dey will never be a billionaire, ever </quote> ... Copied to Clipboard!
ssk9716757 07/13/21 9:04:17 PM #114:	Squall28 posted... How does Jeff Bezos having more money affect you personally? i mean if you work at amazon he quite literally took the wealth that you created --- I am the nucleus. <cite>ssk9716757 posted [p:956055681] in Wealth sho... [t:79559157]...</cite> <quote>Squall28 posted... </cite> <quote>How does Jeff Bezos having more money affect you personally?</quote> i mean if you work at amazon he quite literally took the wealth that you created </quote> ... Copied to Clipboard!
#115	Post #115 was unavailable or deleted.
1337toothbrush 07/13/21 10:16:26 PM #116:	mobilebloechel posted... Gee it's almost as if life isn't fair. Who would have thought? Why have a society? Law of the jungle, right? In the jungle, these overfed billionaires would be ripped apart for their hordes of resources. Not fair? Well life isn't fair. --- https://gamefaqs.gamespot.com/boards/261-politics/78252375/931554955 https://imgur.com/a/FU9H8 - https://imgur.com/ZkQRDsR - https://imgur.com/2x2gtgP <cite>1337toothbrush posted [p:956057986] in Wealth sho... [t:79559157]...</cite> <quote>mobilebloechel posted... </cite> <quote>Gee it's almost as if life isn't fair. Who would have thought?</quote>Why have a society? Law of the jungle, right? In the jungle, these overfed billionaires would be ripped apart for their hordes of resources. Not fair? Well life isn't fair. </quote> ... Copied to Clipboard!
g980 07/13/21 10:24:30 PM #117:	ssk9716757 posted... i mean if you work at amazon he quite literally took the wealth that you created Then dont work at amazon, load boxes at your own warehouse Unless maybe labor isnt the only ingredient in wealth creation? --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:956058214] in Wealth sho... [t:79559157]...</cite> <quote>ssk9716757 posted...</cite> <quote> i mean if you work at amazon he quite literally took the wealth that you created </quote> Then dont work at amazon, load boxes at your own warehouse Unless maybe labor isnt the only ingredient in wealth creation?</quote> ... Copied to Clipboard!
ThePusher 07/13/21 10:33:34 PM #118:	g980 posted... Then dont work at amazon, load boxes at your own warehouse Unless maybe labor isnt the only ingredient in wealth creation? wtf kind of cuck argument is this <cite>ThePusher posted [p:956058486] in Wealth sho... [t:79559157]...</cite> <quote>g980 posted... </cite> <quote>Then dont work at amazon, load boxes at your own warehouse Unless maybe labor isnt the only ingredient in wealth creation?</quote>wtf kind of cuck argument is this </quote> ... Copied to Clipboard!
1337toothbrush 07/13/21 10:34:04 PM #119:	g980 posted... Then dont work at amazon, load boxes at your own warehouse Unless maybe labor isnt the only ingredient in wealth creation? Wealth creation under capitalism is all about using other people's labor. --- https://gamefaqs.gamespot.com/boards/261-politics/78252375/931554955 https://imgur.com/a/FU9H8 - https://imgur.com/ZkQRDsR - https://imgur.com/2x2gtgP <cite>1337toothbrush posted [p:956058498] in Wealth sho... [t:79559157]...</cite> <quote>g980 posted... </cite> <quote>Then dont work at amazon, load boxes at your own warehouse Unless maybe labor isnt the only ingredient in wealth creation?</quote>Wealth creation under capitalism is all about using other people's labor. </quote> ... Copied to Clipboard!
pistachio12 07/13/21 10:45:18 PM #120:	g980 posted... Then dont work at amazon, load boxes at your own warehouse Unless maybe labor isnt the only ingredient in wealth creation? Funny you keep coming back to this topic to make dumb posts when you can't even address your earlier fallacies. <cite>pistachio12 posted [p:956058816] in Wealth sho... [t:79559157]...</cite> <quote>g980 posted... </cite> <quote>Then dont work at amazon, load boxes at your own warehouse Unless maybe labor isnt the only ingredient in wealth creation?</quote> Funny you keep coming back to this topic to make dumb posts when you can't even address your earlier fallacies. </quote> ... Copied to Clipboard!
g980 07/14/21 10:07:31 AM #121:	pistachio12 posted... Funny you keep coming back to this topic to make dumb posts when you can't even address your earlier fallacies. There werent any fallacies, you just whined that things werent fair 1337toothbrush posted... Wealth creation under capitalism is all about using other people's labor. Right, and they are compensated with a paycheck. Capital is compensated with the excess value. Both inputs deserve and receive compensation. ThePusher posted... wtf kind of cuck argument is this Hm good point very thoughtful --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:956069865] in Wealth sho... [t:79559157]...</cite> <quote>pistachio12 posted...</cite> <quote> Funny you keep coming back to this topic to make dumb posts when you can't even address your earlier fallacies. </quote> There werent any fallacies, you just whined that things werent fair 1337toothbrush posted...</cite> <quote> Wealth creation under capitalism is all about using other people's labor. </quote> Right, and they are compensated with a paycheck. Capital is compensated with the excess value. Both inputs deserve and receive compensation. ThePusher posted...</cite> <quote> wtf kind of cuck argument is this </quote> Hm good point very thoughtful</quote> ... Copied to Clipboard!
Rexdragon125 07/14/21 10:20:17 AM #122:	Something I will never understand: the idiotic self-harm billionaires inflict upon themselves. Socioeconomic mobility is inversely proportional to wealth gaps, and less innovation occurs. Competition is stifled, fewer small businesses open, and fewer inventors are able to put cool products on the market. If I was a billionaire, I would be pushing so hard for redistribution of wealth even out of purely selfish desire for more interesting stuff to buy. Hell, if all the billionaires banded together and dedicated half their collective fortunes to some pie-in-the-sky project (for instance, extreme life extension, or the elimination/mitigation of aging) then they could all benefit from the rewards and not see their lifestyles change one iota for the worse. It's pure, distilled greed. They want money for the sake of having money. They don't even seem to realize that they could selfishly benefit from a wealthier society. It's so absolutely mind-boggling. They're trying to be selfish, but because they're so absurdly short-sighted about it, they're missing out on so much potential benefit. Just to illustrate this point: would you rather be one of the richest people on the planet in the 18th century, or would you rather live a comfortable middle-class life today? I 100% choose the latter. I have access to modern medicine, the internet, video games, all kinds of sights and sounds that the wealthiest people on the planet could never have dreamed of 300 years ago. And the only reason it's all been possible is because we have millions upon millions of people with enough money and education to innovate. Imagine the kind of world we could live in if every single person currently living in poverty was instead afforded a middle-class lifestyle. We could have eliminated age-related health problems and established a Mars base by now if the billionaires of the world could just be satisfied with a few hundred million dollars instead. No matter how selfish you are, the argument for wealth redistribution still benefits you. <cite>Rexdragon125 posted [p:956070214] in Wealth sho... [t:79559157]...</cite> <quote>Something I will never understand: the idiotic self-harm billionaires inflict upon themselves. Socioeconomic mobility is inversely proportional to wealth gaps, and less innovation occurs. Competition is stifled, fewer small businesses open, and fewer inventors are able to put cool products on the market. If I was a billionaire, I would be pushing so hard for redistribution of wealth even out of purely selfish desire for more interesting stuff to buy. Hell, if all the billionaires banded together and dedicated half their collective fortunes to some pie-in-the-sky project (for instance, extreme life extension, or the elimination/mitigation of aging) then they could all benefit from the rewards and not see their lifestyles change one iota for the worse. It's pure, distilled greed. They want money for the sake of having money. They don't even seem to realize that they could selfishly benefit from a wealthier society. It's so absolutely mind-boggling. They're trying to be selfish, but because they're so absurdly short-sighted about it, they're missing out on so much potential benefit. Just to illustrate this point: would you rather be one of the richest people on the planet in the 18th century, or would you rather live a comfortable middle-class life today? I 100% choose the latter. I have access to modern medicine, the internet, video games, all kinds of sights and sounds that the wealthiest people on the planet could never have dreamed of 300 years ago. And the only reason it's all been possible is because we have millions upon millions of people with enough money and education to innovate. Imagine the kind of world we could live in if every single person currently living in poverty was instead afforded a middle-class lifestyle. We could have eliminated age-related health problems and established a Mars base by now if the billionaires of the world could just be satisfied with a few hundred million dollars instead. No matter how selfish you are, the argument for wealth redistribution still benefits you. </quote> ... Copied to Clipboard!
Kloe_Rinz 07/14/21 10:49:25 AM #123:	But muh freedumb, we need small government, fuck you got mine brother <cite>Kloe_Rinz posted [p:956070964] in Wealth sho... [t:79559157]...</cite> <quote>But muh freedumb, we need small government, fuck you got mine brother </quote> ... Copied to Clipboard!
1337toothbrush 07/14/21 10:59:54 AM #124:	g980 posted... Right, and they are compensated with a paycheck. Capital is compensated with the excess value. Both inputs deserve and receive compensation. They are compensated with a fraction of the value of their labor. Capital sucks up as much of the value as they can, it's not just the "excess". --- https://gamefaqs.gamespot.com/boards/261-politics/78252375/931554955 https://imgur.com/a/FU9H8 - https://imgur.com/ZkQRDsR - https://imgur.com/2x2gtgP <cite>1337toothbrush posted [p:956071245] in Wealth sho... [t:79559157]...</cite> <quote>g980 posted... </cite> <quote>Right, and they are compensated with a paycheck. Capital is compensated with the excess value. Both inputs deserve and receive compensation.</quote>They are compensated with a fraction of the value of their labor. Capital sucks up as much of the value as they can, it's not just the "excess". </quote> ... Copied to Clipboard!
averagejoel 07/14/21 11:01:50 AM #125:	averagejoel posted... cool. now answer my actual question @g980 --- peanut butter and dick <cite>averagejoel posted [p:956071304] in Wealth sho... [t:79559157]...</cite> <quote>averagejoel posted... </cite> <quote>cool. now answer my actual question</quote>@g980 </quote> ... Copied to Clipboard!
g980 07/14/21 11:52:33 AM #126:	averagejoel posted... @g980 I did answer your question, i just added caveats to align it to the only possible real life scenario. If you disagree, then just make your point instead of asking leading questions. I am ok with people determining where their taxes go if it means they are donating their entire income. --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:956072658] in Wealth sho... [t:79559157]...</cite> <quote>averagejoel posted...</cite> <quote> @g980 </quote> I did answer your question, i just added caveats to align it to the only possible real life scenario. If you disagree, then just make your point instead of asking leading questions. I am ok with people determining where their taxes go if it means they are donating their entire income.</quote> ... Copied to Clipboard!
Demon1050 07/14/21 12:01:24 PM #127:	capitalism is awesome, what's more satisfying than knowing you have a better life by working hard than a lazy piece of shit that wants everything handed to them? The problem is yeah, there should be caps on how rich you can get so you don't have the monopoly effect. A utopia would be a mix of capitalism and socialism. The ultra rich still get to be richer than 99.99999%, but their excess wealth goes to those that really need the help. Nobody needs multi-billions. Start doing good for the world instead. <cite>Demon1050 posted [p:956072839] in Wealth sho... [t:79559157]...</cite> <quote>capitalism is awesome, what's more satisfying than knowing you have a better life by working hard than a lazy piece of shit that wants everything handed to them? The problem is yeah, there should be caps on how rich you can get so you don't have the monopoly effect. A utopia would be a mix of capitalism and socialism. The ultra rich still get to be richer than 99.99999%, but their excess wealth goes to those that really need the help. Nobody needs multi-billions. Start doing good for the world instead.</quote> ... Copied to Clipboard!
1337toothbrush 07/14/21 12:03:19 PM #128:	Demon1050 posted... capitalism is awesome, what's more satisfying than knowing you have a better life by working hard than a lazy piece of shit that wants everything handed to them? That's not how capitalism works. --- https://gamefaqs.gamespot.com/boards/261-politics/78252375/931554955 https://imgur.com/a/FU9H8 - https://imgur.com/ZkQRDsR - https://imgur.com/2x2gtgP <cite>1337toothbrush posted [p:956072888] in Wealth sho... [t:79559157]...</cite> <quote>Demon1050 posted... </cite> <quote>capitalism is awesome, what's more satisfying than knowing you have a better life by working hard than a lazy piece of shit that wants everything handed to them?</quote>That's not how capitalism works. </quote> ... Copied to Clipboard!
Unknown5uspect 07/14/21 4:06:00 PM #129:	MajesticFerret posted... Jeff Bezos literally could not liquidate vast portions of Amazon even if he wanted. Yes he can, over time, and does on a regular basis i.e: https://markets.businessinsider.com/news/stocks/jeff-bezos-sold-5-billion-amazon-stock-days-ceo-resignation-2021-5-1030404504 --- #Riot2020 Eat The Rich <cite>Unknown5uspect posted [p:956079971] in Wealth sho... [t:79559157]...</cite> <quote>MajesticFerret posted... </cite> <quote>Jeff Bezos literally could not liquidate vast portions of Amazon even if he wanted.</quote>Yes he can, over time, and does on a regular basis i.e: https://markets.businessinsider.com/news/stocks/jeff-bezos-sold-5-billion-amazon-stock-days-ceo-resignation-2021-5-1030404504 </quote> ... Copied to Clipboard!
hockeybub89 07/14/21 4:08:37 PM #130:	We could basically fix the world if we just took more money from the rich. They won't miss it. --- http://card.psnprofiles.com/1/NIR_Hockey.png http://www.last.fm/user/hockeybub89/ <cite>hockeybub89 posted [p:956080068] in Wealth sho... [t:79559157]...</cite> <quote>We could basically fix the world if we just took more money from the rich. They won't miss it. </quote> ... Copied to Clipboard!
SK8T3R215 07/14/21 10:23:23 PM #131:	Unknown5uspect posted... Yes he can, over time, and does on a regular basis i.e: https://markets.businessinsider.com/news/stocks/jeff-bezos-sold-5-billion-amazon-stock-days-ceo-resignation-2021-5-1030404504 TIL 2.8% of his holdings is a vast portion --- New York Knicks, New York Jets, New York Yankees. <cite>SK8T3R215 posted [p:956091987] in Wealth sho... [t:79559157]...</cite> <quote>Unknown5uspect posted... </cite> <quote>Yes he can, over time, and does on a regular basis i.e: https://markets.businessinsider.com/news/stocks/jeff-bezos-sold-5-billion-amazon-stock-days-ceo-resignation-2021-5-1030404504</quote> TIL 2.8% of his holdings is a vast portion </quote> ... Copied to Clipboard!
Wetterdew 07/14/21 10:41:20 PM #132:	--- Talking about video games? it's ok to just disagree with each other on the internet. No point getting hostile or snide about it <cite>Wetterdew posted [p:956092553] in Wealth sho... [t:79559157]...</cite> <quote> </quote> ... Copied to Clipboard!
Kloe_Rinz 07/14/21 10:44:39 PM #133:	Theres no reason any one individual on earth needs more than a few million dollars. Once you get like 5 million dollars the government should just be like alright, you just beat capitalism, give you a trophy or something and then you forfeit every cent you earn above that threshold. <cite>Kloe_Rinz posted [p:956092636] in Wealth sho... [t:79559157]...</cite> <quote>Theres no reason any one individual on earth needs more than a few million dollars. Once you get like 5 million dollars the government should just be like alright, you just beat capitalism, give you a trophy or something and then you forfeit every cent you earn above that threshold. </quote> ... Copied to Clipboard!
Wetterdew 07/14/21 10:46:46 PM #134:	Billionaires destroying the planet knowing they'll be dead in a few decades so they don't care how they leave the earth, all they know is for now they just want mmmMMMM O R E --- Talking about video games? it's ok to just disagree with each other on the internet. No point getting hostile or snide about it <cite>Wetterdew posted [p:956092700] in Wealth sho... [t:79559157]...</cite> <quote>Billionaires destroying the planet knowing they'll be dead in a few decades so they don't care how they leave the earth, all they know is for now they just want mmmMMMM O R E </quote> ... Copied to Clipboard!
1337toothbrush 07/14/21 10:55:44 PM #135:	Wetterdew posted... Billionaires destroying the planet knowing they'll be dead in a few decades so they don't care how they leave the earth, all they know is for now they just want mmmMMMM O R E They're pouring money into life lengthening research with the ultimate goal being immortality. The thing is that they don't even care if the world burns while they're on it, because they'll have the prime real estate that is of the few areas on the planet not burning and people will clamor to be paid as part of their elite guard to protect them from the riffraff. --- https://gamefaqs.gamespot.com/boards/261-politics/78252375/931554955 https://imgur.com/a/FU9H8 - https://imgur.com/ZkQRDsR - https://imgur.com/2x2gtgP <cite>1337toothbrush posted [p:956092946] in Wealth sho... [t:79559157]...</cite> <quote>Wetterdew posted... </cite> <quote>Billionaires destroying the planet knowing they'll be dead in a few decades so they don't care how they leave the earth, all they know is for now they just want mmmMMMM O R E</quote>They're pouring money into life lengthening research with the ultimate goal being immortality. The thing is that they don't even care if the world burns while they're on it, because they'll have the prime real estate that is of the few areas on the planet not burning and people will clamor to be paid as part of their elite guard to protect them from the riffraff. </quote> ... Copied to Clipboard!
ThePusher 07/16/21 7:23:32 AM #136:	g980 posted... Hm good point very thoughtful i mean do u think bezos wud be where he is today if not for his many many laborers? <cite>ThePusher posted [p:956136913] in Wealth sho... [t:79559157]...</cite> <quote>g980 posted... </cite> <quote>Hm good point very thoughtful</quote>i mean do u think bezos wud be where he is today if not for his many many laborers? </quote> ... Copied to Clipboard!
g980 07/16/21 11:05:39 AM #137:	ThePusher posted... i mean do u think bezos wud be where he is today if not for his many many laborers? Definitely not! --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:956141679] in Wealth sho... [t:79559157]...</cite> <quote>ThePusher posted...</cite> <quote> i mean do u think bezos wud be where he is today if not for his many many laborers? </quote> Definitely not!</quote> ... Copied to Clipboard!
-RetroActive- 07/17/21 10:46:57 PM #138:	Bump. --- I'm always thinking one step ahead, like a carpenter that makes stairs. <cite>-RetroActive- posted [p:956194336] in Wealth sho... [t:79559157]...</cite> <quote>Bump. </quote> ... Copied to Clipboard!
pick4six 07/17/21 10:52:34 PM #139:	Ask yourself this, what does Jeff Bezos need so much money to himself? While there are homeless and hungry starving people. --- Bitcoin! <cite>pick4six posted [p:956194469] in Wealth sho... [t:79559157]...</cite> <quote>Ask yourself this, what does Jeff Bezos need so much money to himself? While there are homeless and hungry starving people. </quote> ... Copied to Clipboard!
ThePusher 07/19/21 5:18:47 AM #140:	cuz he eArnEd eVeRy pEnNy <cite>ThePusher posted [p:956235308] in Wealth sho... [t:79559157]...</cite> <quote>cuz he eArnEd eVeRy pEnNy </quote> ... Copied to Clipboard!
Oatcakes 07/19/21 5:48:27 AM #141:	Demon1050 posted... capitalism is awesome, what's more satisfying than knowing you have a better life by working hard than a lazy piece of shit that wants everything handed to them? That's meritocracy, not capitalism. --- F.C. Stokalona https://imgur.com/CJ0dPBq <cite>Oatcakes posted [p:956235596] in Wealth sho... [t:79559157]...</cite> <quote>Demon1050 posted... </cite> <quote>capitalism is awesome, what's more satisfying than knowing you have a better life by working hard than a lazy piece of shit that wants everything handed to them?</quote> That's meritocracy, not capitalism. </quote> ... Copied to Clipboard!
pistachio12 07/19/21 5:49:20 AM #142:	g980 posted... There werent any fallacies, you just whined that things werent fair Presenting facts to your baseless claims = whining Yeah, you're a joke poster who can't even argue. <cite>pistachio12 posted [p:956235608] in Wealth sho... [t:79559157]...</cite> <quote>g980 posted... </cite> <quote> There werent any fallacies, you just whined that things werent fair</quote> Presenting facts to your baseless claims = whining Yeah, you're a joke poster who can't even argue. </quote> ... Copied to Clipboard!
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Current Events > Wealth shown to scale. (+) Yeah! (+)

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