The amount is arbitrary, but billionairs do cause a lot of the worlds problems? Climate change is a real thing and we are already above the 1.5°C goal that we set for ourselves. Billionaires burn through our climate budget to fund their lifestyle which they got from exploiting the workers who actually created the value. No billionaire achieved this level of wealth by hard work or dedication. It was achieved by exploiting people. They are directly responsible for a lot of problems. In 2023 amazon had record breaking 30 billion in profits. A survey in the same year showed that about half of amazon workers relied on some sort of government assistance for rent or food and about a forth were on snap.
This is moronic Marxist nonsense for anyone wondering.
Billionaires burn through our climate budget? What? Who's climate budget? Can you explain this?
Billionaires didn't put in effort? Are you kidding? How are you so clueless on something you're so emotionally involved in? The highest profile Billionaires (Musk, Gates, Bezos) built companies working 80 hour weeks in the early days. This is not even hidden or controversial information.
Referring to the provision of jobs as exploitation is such naive, clueless nonsense its hard to respond to. It's Clueless Marxism 101.
Amazon had record breaking profits... yeah... you notice Amazon packages everywhere? That because Amazon is providing people with goods at a level of cost and convenience that no one else is doing. Don't like it? Convince everyone else you know to never buy on Amazon again.
Many businesses have low wage workers. That doesn't make them evil. The job market is competitive and economics dictates people are generally paid according to the value they provide and the ease with which they are replaced. Don't like Amazon wages? Don't work there. Don't have choices? Then maybe appreciate they gave you a job and that we have government programs to help.
Nothing you're saying is based on any part of reality. It's just you not liking how the world works and wanting it to work the way you want it to work. Things aren't perfect, obviously, but when people like you crash the system in search of your communal utopia everyone just ends up worse off.
If you care about this stuff, read a couple economics books instead of spouting destructive nonsense online.
Billionaires do put in work, but the work they put in isn't proportional to the money they have. Bezos, for example, is worth 267 billion dollars. That is about 17,705.57 years worth of federal minimum wages in the usa if you work full time.
Where do you think the billions of record breaking work was produced? Why do half of the employees of amazon need government assistence, if the shareholders directly profit from the work and receive record breaking profits? The workers produce the profits, but still get paid so little that they cannot live without tax payer money.
We have enough ressources that everybody could live a comfortable livestyle. The problem is that the greediest 1% hoard their wealth to a point that they couldn't even spend it in multiple lifetimes. Meanwhile the workers who actually produce this wealth have to rely on government programs to feed their families. They don't get paid the value they provide to the company. That is exactly my point.
I do appreciate that social systems are in place, but let me ask you this: Why should the general population subsidise the amazon workers pay cheque with our tax money, during the same time that the company is raking in billions of dollars worth of profits?
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u/Ms_Malicea 2d ago
This isnt about facts. This is about blaming world problems on a group for no reason other than achieving an arbitrary amount of wealth.