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The situation is far more complex than you assume. It is impossible for one person to make a billion dollar 747. One man simply doesn't have enough intelligenc

The situation is far more complex than you assume. It is impossible for one person to make a billion dollar 747. One man simply doesn't have enough intelligence or strength to do construct such a sophisticated device. If a 747 is worth a billion dollars then creating a billion dollars of paper money or making the plane itself are both equivalent concepts. Thus why is it possible for one man to make a billion dollars in paper money but it is not possible for one man to make a billion dollar 747? Why do billionaires exist? Billionaires exist only because the paper money was taken from the wealth produced by other people. The Billionaire needs to employ workers to build a 747. In short, for Billionaires to be Billionaires they must be an owner of some corporation where the wealth produced by the labor of employees is unfairly distributed to them. This is wealth inequality. This was the problem your old country attempted and somewhat failed to resolve with communism. Whatever you think communism is, wealth inequality is a feature of capitalism and it is fundamentally unfair because it is taken from others.

kamaal 11y ago
>>It is impossible for one person to make a billion dollar 747. One man simply doesn't have enough intelligence or strength to do construct such a sophisticated device. Yet its easily possibly possibly to start working towards and move in that direction. That's how anything big ever built, was built. >>Thus why is it possible for one man to make a billion dollars in paper money but it is not possible for one man to make a billion dollar 747? Because any big thing company, individual wealth or 747 is built on a concept that works similar to stamina. You don't run a marathon on day 1. It takes a good deal of work over years to make a billion dollars. Ever wondered why some people are so good at saving money even in stifling financial conditions and then make smart investment decisions? Such people have already tried a lot, failed a lot and have a lot of mental stamina and cache of knowledge in their brains which helps them succeed above people who have far better sources of money but have a equally bad spending habits. >>Billionaires exist only because the paper money was taken from the wealth produced by other people. Its a symbiosis. But where you want to belong is really upto you. You now have two options a) to work 20 hours a day, be a god programmer, get a job at wall street, make a few millions and retire. b) take life as usual, work 9-5 and be a commoner. People who take the option a) are not evil. They only have better priorities than you. >>wealth inequality is a feature of capitalism Capitalism offers freedom to chose priorities. And that independence is hard to handle for a lot of people. >>it is fundamentally unfair because it is taken from others. Nothing is taken from others. If you think about it very carefully, capitalism gives you what you want. Based on how you look at it and what kind of a person you are, it can be very good or terribly bad news.
- crimsonalucard 11y ago
  >>Yet its easily possibly possibly to start working towards and move in that direction. This is impossible. One man cannot build and design the 747. The total man hours required exceed several life times. >>Its a symbiosis. But where you want to belong is really upto you. You now have two options a) to work 20 hours a day, be a god programmer, get a job at wall street, make a few millions and retire. b) take life as usual, work 9-5 and be a commoner. It is not a symbiosis. Ask anyone who chose option b. What a coincidence. Everyone who chose option a thinks it's a symbiosis, everyone who chose option b doesn't. Wonder why. Tell me, in your life, did you happen to choose option a?
  - kamaal 11y ago
    >>This is impossible. You are right regardless of whatever you think. If you thinks its possible, its possible. If you think its impossible, its impossible. >>One man cannot build and design the 747. The total man hours required exceed several life times. There are men on this earth who have cleaved an entire mountain. https://en.wikipedia.org/wiki/Dashrath_Manjhi https://en.wikipedia.org/wiki/Dashrath_Manjhi Like I said, what ever choice you make you are right. >>It is not a symbiosis. Ask anyone who chose option b. A person makes the wrong choices in life, but expects all the right outcomes. >>Tell me, in your life, did you happen to choose option a? Yes, not the wall street part. Because I'm an Indian. That was just an example of what choices a person can make, and how those will actively shape their lives. I've seen the socialism rot from quite close. Most Americans have no clue what they are talking about, very simply because the exposure is only through reading stories or anecdotes on internet or books. In reality there is no such thing called as free. Or worst free in almost all cases is more expensive than the cost you would've other wise played. Socialism also has other problems which deeply stems from motivations human beings have towards doing anything in life. In reality, in a socialist society, the opportunities are always scanty, almost every one thinks everybody else who earns more apart from them owes them something, and they are entitled to endless free stuff. Corruption is common, because opportunities are scanty. People think one-off cheating is perfectly fair. Good people are always leaving to greener pastures(other countries). In fact most of them are quite tired of the masses calling them greedy for working hard. There is endless glorification with poverty, and rich people hating which after a while looks like excuses to remain poor because the poor are entitled to free money anyway. The wealth generated is consistently on the decline largely because no sees any point in doing some thing big and watching the results of their work taken away, and the good people are constantly moving out. In all this in the constantly declining pool of wealth, people fight for whatever is left with whatever means they can. Socialism/Communism has failed over the century because it works against the human nature and the way we perceive work-reward scenarios.
throwaway_5561 11y ago
Of course, building the 747 by yourself is not possible. But it is possible to put together a team that has enough diverse skills to build it - that's the whole point of entrepreneurship. The point that everyone who talks about how inequality is bad is missing is that without the billionaire in your example, there would be NO jobs. Pure labor doesn't produce - there needs to be a business idea, vision, strategy, organization, sales - all those things that the businessman in charge provides. The reality of the situation is that workers can be replaced - that's why they get paid less. But the businessman creator can NOT be replaced - without him/her in charge, there would be nothing else. Soviet Union and other socialist countries tried taking the businessman in charge away - and we know exactly what happened after that. I know this system isn't "fair", but it's better than the alternatives.
- crimsonalucard 11y ago
  Right and I agree with your main point. It's basically the point I'm trying to drive home. Communism isn't the solution, capitalism is better but has problems as well. We should all work to resolve those problems even if capitalism is currently the best possible solution. Extreme Wealth inequality is a problem of unfairness and we should strive to resolve the problem without giving up the benefits that come with capitalism. I disagree with the fact the billionaire can't be replaced. The billionaire isn't some special human being. I would argue if you replace the current CEO of apple with a random apple SW engineer, the company wouldn't change much. In fact I would argue that skilled work, the work of software engineers is by far much more irreplaceable. The person who coded the critical infrastructure for the apple operating system, he is by far harder to replace then the billionaire on top. Also note: Steve jobs died, Apple stock has gone up since his death.
  - throwaway_5561 11y ago
    I think your Apple example is helping to disprove your point. > I would argue if you replace the current CEO of apple with a random apple SW engineer, the company wouldn't change much. That's exactly what happened in the 80's - they forced Steve Jobs out, and the company lost all their market share and was on the verge on dying, before he came back. > Steve jobs died, Apple stock has gone up since his death. By that time, Steve Jobs knew he was going to die and picked his successor very carefully - Tim Cook is definitely a great choice. Some would argue, however, that Apple is still thriving because of Steve's ideas, and as soon as they run out of them, Apple will start to decline. The jury is still out on that one, however.

kamaal 11y ago

>>It is impossible for one person to make a billion dollar 747. One man simply doesn't have enough intelligence or strength to do construct such a sophisticated device. Yet its easily possibly possibly to start working towards and move in that direction. That's how anything big ever built, was built. >>Thus why is it possible for one man to make a billion dollars in paper money but it is not possible for one man to make a billion dollar 747? Because any big thing company, individual wealth or 747 is built on a concept that works similar to stamina. You don't run a marathon on day 1. It takes a good deal of work over years to make a billion dollars. Ever wondered why some people are so good at saving money even in stifling financial conditions and then make smart investment decisions? Such people have already tried a lot, failed a lot and have a lot of mental stamina and cache of knowledge in their brains which helps them succeed above people who have far better sources of money but have a equally bad spending habits. >>Billionaires exist only because the paper money was taken from the wealth produced by other people. Its a symbiosis. But where you want to belong is really upto you. You now have two options a) to work 20 hours a day, be a god programmer, get a job at wall street, make a few millions and retire. b) take life as usual, work 9-5 and be a commoner. People who take the option a) are not evil. They only have better priorities than you. >>wealth inequality is a feature of capitalism Capitalism offers freedom to chose priorities. And that independence is hard to handle for a lot of people. >>it is fundamentally unfair because it is taken from others. Nothing is taken from others. If you think about it very carefully, capitalism gives you what you want. Based on how you look at it and what kind of a person you are, it can be very good or terribly bad news.

crimsonalucard 11y ago
>>Yet its easily possibly possibly to start working towards and move in that direction. This is impossible. One man cannot build and design the 747. The total man hours required exceed several life times. >>Its a symbiosis. But where you want to belong is really upto you. You now have two options a) to work 20 hours a day, be a god programmer, get a job at wall street, make a few millions and retire. b) take life as usual, work 9-5 and be a commoner. It is not a symbiosis. Ask anyone who chose option b. What a coincidence. Everyone who chose option a thinks it's a symbiosis, everyone who chose option b doesn't. Wonder why. Tell me, in your life, did you happen to choose option a?
- kamaal 11y ago
  >>This is impossible. You are right regardless of whatever you think. If you thinks its possible, its possible. If you think its impossible, its impossible. >>One man cannot build and design the 747. The total man hours required exceed several life times. There are men on this earth who have cleaved an entire mountain. https://en.wikipedia.org/wiki/Dashrath_Manjhi https://en.wikipedia.org/wiki/Dashrath_Manjhi Like I said, what ever choice you make you are right. >>It is not a symbiosis. Ask anyone who chose option b. A person makes the wrong choices in life, but expects all the right outcomes. >>Tell me, in your life, did you happen to choose option a? Yes, not the wall street part. Because I'm an Indian. That was just an example of what choices a person can make, and how those will actively shape their lives. I've seen the socialism rot from quite close. Most Americans have no clue what they are talking about, very simply because the exposure is only through reading stories or anecdotes on internet or books. In reality there is no such thing called as free. Or worst free in almost all cases is more expensive than the cost you would've other wise played. Socialism also has other problems which deeply stems from motivations human beings have towards doing anything in life. In reality, in a socialist society, the opportunities are always scanty, almost every one thinks everybody else who earns more apart from them owes them something, and they are entitled to endless free stuff. Corruption is common, because opportunities are scanty. People think one-off cheating is perfectly fair. Good people are always leaving to greener pastures(other countries). In fact most of them are quite tired of the masses calling them greedy for working hard. There is endless glorification with poverty, and rich people hating which after a while looks like excuses to remain poor because the poor are entitled to free money anyway. The wealth generated is consistently on the decline largely because no sees any point in doing some thing big and watching the results of their work taken away, and the good people are constantly moving out. In all this in the constantly declining pool of wealth, people fight for whatever is left with whatever means they can. Socialism/Communism has failed over the century because it works against the human nature and the way we perceive work-reward scenarios.

throwaway_5561 11y ago

Of course, building the 747 by yourself is not possible. But it is possible to put together a team that has enough diverse skills to build it - that's the whole point of entrepreneurship. The point that everyone who talks about how inequality is bad is missing is that without the billionaire in your example, there would be NO jobs. Pure labor doesn't produce - there needs to be a business idea, vision, strategy, organization, sales - all those things that the businessman in charge provides. The reality of the situation is that workers can be replaced - that's why they get paid less. But the businessman creator can NOT be replaced - without him/her in charge, there would be nothing else. Soviet Union and other socialist countries tried taking the businessman in charge away - and we know exactly what happened after that. I know this system isn't "fair", but it's better than the alternatives.

crimsonalucard 11y ago
Right and I agree with your main point. It's basically the point I'm trying to drive home. Communism isn't the solution, capitalism is better but has problems as well. We should all work to resolve those problems even if capitalism is currently the best possible solution. Extreme Wealth inequality is a problem of unfairness and we should strive to resolve the problem without giving up the benefits that come with capitalism. I disagree with the fact the billionaire can't be replaced. The billionaire isn't some special human being. I would argue if you replace the current CEO of apple with a random apple SW engineer, the company wouldn't change much. In fact I would argue that skilled work, the work of software engineers is by far much more irreplaceable. The person who coded the critical infrastructure for the apple operating system, he is by far harder to replace then the billionaire on top. Also note: Steve jobs died, Apple stock has gone up since his death.
- throwaway_5561 11y ago
  I think your Apple example is helping to disprove your point. > I would argue if you replace the current CEO of apple with a random apple SW engineer, the company wouldn't change much. That's exactly what happened in the 80's - they forced Steve Jobs out, and the company lost all their market share and was on the verge on dying, before he came back. > Steve jobs died, Apple stock has gone up since his death. By that time, Steve Jobs knew he was going to die and picked his successor very carefully - Tim Cook is definitely a great choice. Some would argue, however, that Apple is still thriving because of Steve's ideas, and as soon as they run out of them, Apple will start to decline. The jury is still out on that one, however.