yeah he could have spent those 0.3% of his net worth on giving those people *checks notes* one and a half week’s pay each instead.
don’t get me wrong, dollar billionaires shouldn’t exist and bezos is definitely among the worst, but focusing on the money he spends rather than how the people still working for him are treated feels backwards.
Elon is worth more than the next three richest billionaires combined.
He reminds me of someone…
Look, I get it. Jeff Bezos will keep hoarding. That makes sense in that selfish, nihilist worldview. What I can’t understand, is why all fucking people are voting against their own fucking self interests to allow this bullshit. If people didn’t just vote against their fucking better interests we would be in a much better situation.
He’s my favorite example to bust the “smarts and hard work” myth of billionaires. He had parents with good, union jobs that allowed him to go to Princeton, where he dropped out of a physics major (into CS) because it was too difficult. The school’s connections, though, got him a job at a hedge fund, where he was assigned to study the investment potential of e-commerce on the nascent Web. He saw the enormous potential, but was so bad at his job that he couldn’t convince the other executives that they wanted some of that money. So he left the job, got a large loan from his parents, and started Cadabra in a garage he rented in a conscious nod to Silicon Valley mythos. Oh, Cadabra? He was going to call it that, but his lawyer convinced him to go with his second choice of name, because that one sounds too much like cadaver. The company was profitable in a month, and then he used all manner of dirty tricks to run the competition out of the market.
Nothing in his story indicates anything but dumb luck of randomly being the one in the right time and place to succeed. If it was smarts and hard work, there were hundreds of other e-commerce contenders who put in at least as much as he did.
The best thing about Jeff Bezos is Mackenzie Scott.
Just some back of the envelope math. With $290 billion, he could give each of those 600,000 people $10k a year for the next 48 years and still have $2 billion left over. And that is without considering interest or investment in the meantime.
It works so much better when you use all the zeroes. Makes it easier to compare.
290,000,000,000dollar net worth10,000,000dollar penthouse120,000,000dollar met gala500,000,000dollar yacht600,000workers
With his net worth, he could give every one of those workers $100,000 and still have ~80% of his net worth.
Just saying, if we burn buildings with no human, there will be no human casualties, only BILLIONAIRE ASSETS getting burned… ¯\_(ツ)_/¯, keep burning BILLIONAIRE ASSETS and the BILLIONAIRE became MILLIONAIRE… ᕕ( ᐛ )ᕗ
As bad as these Sociopathic Oligarchs are now, imagine when they start reaching Trillionaire status, and can start competing with entire nations. They will manufacture their own armies of Slaughterbots, and demand anything they want.
It is inevitable. Unless we end them.
If Bernie Sanders was a cartoon character I think he just might be Lemongrab…
NATIONALIZE AMAZON
Use it to fund UBI and other social causes.
The nuance is that money isnt real. If its spent then interest rates rise as inflation rises, and the nominal value falls. So it cant ever really be spent.
What we should do is raise/lower taxes instead of raising/lowering interest rates, if we have deflation then taxes on the rich go up rather than interest rates falling, and vice versa.
The worst part of Lemmy is this stupid kind of leftism.
It’s inevitable that people like Jeff Bezos exist. It’s called capitalism. The System is working as expected.
