3 ms·

> Well, if the money funnels in billionaires and overseas corporate accounts, an individual has even less choice in how to use it Billionaires buy things, trav

> Well, if the money funnels in billionaires and overseas corporate accounts, an individual has even less choice in how to use it Billionaires buy things, travel, and hire people to work for them. They don't hold onto their money forever. And if they do hold on to, it lowers the supply of money in circulation, thus increasing the value of the dollars YOU hold. A rising tide lifts all ships. So I fail to see the problems. Besides, it's their money, what right does anyone else have to it? If you want their money, find something to sell to them. Maybe start a billionaire vacation resort on the moon. That will create tons of jobs. > Whereas with the government at least the individual gets a vote on how those money should be used. Voting is just a small piece, the bigger part is the full-time lobby groups and interest. They have a much more control than the individual gets 1 vote out of 200+ million. And just because 51+% of voters think it's ok to steal someones income, doesn't make it right.

coldtea 9y ago
>Billionaires buy things, travel, and hire people to work for them. They don't hold onto their money forever. Their living and partying costs are so tiny compared to their wealth, we can just as well say that they are "holding onto their money forever". >Besides, it's their money, what right does anyone else have to it? I don't believe in the concept of "their money" above a certain degree. After a point such gains are so much part of systemic faults and imbalances that it should be "everybody's money" but its just hoarded. >And just because 51+% of voters think it's ok to steal someones income, doesn't make it right. Absent a god, it's only what people think that makes something right or wrong.
- watecmascript 9y ago
  It's not a zero-sum game. Money is just a symbolic representation of value. Value is created by people working and innovating. It's not about sharing a finite size pie. It's a planet full of people innovating and making pies. There can be billionaires and average people all prospering at the same time. It doesn't bother me when billionaires have hordes of money and private jets. I have an average income, but my life is very comfortable especially compared to human history. I don't have to work on a farm, I have air conditioning, time for entertainment, cheap plane tickets to travel thousands of miles in a single day. I think ancient kings would be jealous of what the average person has access to now. I am super grateful for all the "selfish ba$#@rds" like Henry Ford who brought cars to the masses and made them selves massively wealthy in the process. Communists, Italian Fascists and Nazis all tried to provide the "peoples car" and every time they failed. Capitalism benefits the common man the most! Even when capitalism doesn't work right, it's still far better then centralized systems. Another "selfish ba$#@rd" is Steve Jobs. Thank him for helping bring the computing power to the common mans home! > it's only what people think that makes something right or wrong To be logically consistent, you must admit there is no moral basis to say what the Nazis did was wrong. Or the nice friendly communists who believe in sharing "everybody's money" https://en.wikipedia.org/wiki/Mass_killings_under_Communist_regimes https://en.wikipedia.org/wiki/Mass_killings_under_Communist_... I'll take my chances with the Rockefellers :)

coldtea 9y ago

>Billionaires buy things, travel, and hire people to work for them. They don't hold onto their money forever. Their living and partying costs are so tiny compared to their wealth, we can just as well say that they are "holding onto their money forever". >Besides, it's their money, what right does anyone else have to it? I don't believe in the concept of "their money" above a certain degree. After a point such gains are so much part of systemic faults and imbalances that it should be "everybody's money" but its just hoarded. >And just because 51+% of voters think it's ok to steal someones income, doesn't make it right. Absent a god, it's only what people think that makes something right or wrong.

watecmascript 9y ago
It's not a zero-sum game. Money is just a symbolic representation of value. Value is created by people working and innovating. It's not about sharing a finite size pie. It's a planet full of people innovating and making pies. There can be billionaires and average people all prospering at the same time. It doesn't bother me when billionaires have hordes of money and private jets. I have an average income, but my life is very comfortable especially compared to human history. I don't have to work on a farm, I have air conditioning, time for entertainment, cheap plane tickets to travel thousands of miles in a single day. I think ancient kings would be jealous of what the average person has access to now. I am super grateful for all the "selfish ba$#@rds" like Henry Ford who brought cars to the masses and made them selves massively wealthy in the process. Communists, Italian Fascists and Nazis all tried to provide the "peoples car" and every time they failed. Capitalism benefits the common man the most! Even when capitalism doesn't work right, it's still far better then centralized systems. Another "selfish ba$#@rd" is Steve Jobs. Thank him for helping bring the computing power to the common mans home! > it's only what people think that makes something right or wrong To be logically consistent, you must admit there is no moral basis to say what the Nazis did was wrong. Or the nice friendly communists who believe in sharing "everybody's money" https://en.wikipedia.org/wiki/Mass_killings_under_Communist_regimes https://en.wikipedia.org/wiki/Mass_killings_under_Communist_... I'll take my chances with the Rockefellers :)