LogFAQs > #929860692

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, Database 5 ( 01.01.2019-12.31.2019 ), DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicDoes the existence of multi billionaires make sense?
legendary_zell
11/08/19 5:05:51 PM
#9:


Jiek_Fafn posted...
It makes perfect sense.
People would rather put their money towards ordering products online and having it in their house the next day than solve world hunger. That's not just on Bezos and his peers. That's on everyone.


It's not automatic that us all being consumers would lead to Bezos having that much. We could have a system where all that value was given back to workers or taxed or invested in the community. This distribution is the result of conscious choices. What's on us is accepting this distribution. We could have a system where he keeps 130 million instead of 130 billion and still have Amazon.

averagejoel posted...
everything you mentioned, tc, is an inherent function of capitalism


I don't think this is true. This level of disparity can be greatly reduced even under a fully capitalist framework. That can be done through social stigma against hoarding, taxation, encouraging worker dividends etc. It's been done before and it is done in other places. That doesn't mean those other systems are justifiable either though, maybe all capitalism is fundamentally unjust, maybe it's the most just system we can achieve, I don't know.
---
... Copied to Clipboard!
Topic List
Page List: 1