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The simple question is whether most billionaires have actually contributed $1B of effort in producing value. The answer is mostly no, that most of that value wa
by opportune 8y ago
The simple question is whether most billionaires have actually contributed $1B of effort in producing value. The answer is mostly no, that most of that value was extracted from other workers who were disproportionately less rewarded than people who were able to structurally secure more ownership than the value they conteibuted
- lifeisstillgood 8y agoMy point is not some kind of value judgement on billionaires but that their wealth should have been competed out - there is not a cadre of multi millionaires who offered a billion went "no thanks i'm fine"