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>I'd rather someone give away $100M compared to $0 even if its peanuts for them based on their personal finance. Yes, it's good that he has given away some mon
by cazum 8y ago
>I'd rather someone give away $100M compared to $0 even if its peanuts for them based on their personal finance.
Yes, it's good that he has given away some money, and this money will do real good, it's important not to let this blur the focus on the real issue:
There are desperate, homeless people in this country. There are people who are refusing necessary medical treatment because they cannot "afford" healthcare. There are people who will go into crippling debt for attending higher education. Most people I know say they will never be able to afford a home because the price of rent doesn't leave any room for savings.
All of these problems can be remedied by a society deciding collectively not to allow single people to accumulate exorbitant amounts of wealth, and instead, collectively spread that money among the population who need it, democratically. There is no social benefit in padding out a Mossack-Fonseca tax-free account of dubious offshore legality so one man can attain massive political and social power. There is value, however, in using those resources to employ people in the project of tackling real, fixable social problems that other countries have figured out already. Green energy, healthcare for all, free education, job guarantees, infrastructure upgrades. It's all within the fiscal budget so long as there aren't single people, or small groups of shareholders becoming unnecessarily rich just because we've stacked an economic system in their favor.
The idea that these are "his savings" just because he amassed them under our current system is missing the perspective that this system is not immutable. It can, and has, been changed before, and can change again. It is in the process of changing in other parts of the world right now, and with good results at that.
- notyourwork 8y agoWhere do you propose drawing the line on too much versus just enough fortune? Is $1M enough but $1B isn't? There will always be one person that is the most wealthy person in the world unless you want to go the opposite route and turn the free market into a socialist society. I don't disagree with the problems of the world and healthcare and basic human needs are hard to come by for a large group of people. That problem need not be conflated with the disagreement that there is a single person who has more wealth than anyone else. How was the system stacked in Jeff's favor exactly? He started a company and grew it to become what it is today. I really don't understand how the system is stacked in his or any one persons favor. I agree the rich get more wealthy and the poor less but that problem isn't systemic of Jeff Bezos' personal wealth accumulation.