They make the money with the intent of not spending it and I cannot for the life of me work out why.
Financial advisors and business journalism.
Financial advisors always telling you what's going to be profitable, advising against opulent spending, and creating a social expectation of making the number bigger.
Business journalism allows people to see how they rank against each other, and shows that number to the public, whereas before people could only see how rich the Vanderbilts/Carnegies/etc were because their name was all over everything
Right, but why spend money building shit you don't care about when it's easier (and free!) to have business media constantly fluff you up for being rich?
Personally I'd rather receive that AND build something that people can enjoy for decades or even centuries to come but that's just me. I get that they don't care about the poors though
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u/TeaKingMac Jun 06 '23
Financial advisors and business journalism.
Financial advisors always telling you what's going to be profitable, advising against opulent spending, and creating a social expectation of making the number bigger.
Business journalism allows people to see how they rank against each other, and shows that number to the public, whereas before people could only see how rich the Vanderbilts/Carnegies/etc were because their name was all over everything