4 ms·
So your ownership of a company should be taken away if you don't actively manage it? Would you advocate against me being able to own my 10 shares of Microsoft s
by lucaspm98 7y ago
So your ownership of a company should be taken away if you don't actively manage it? Would you advocate against me being able to own my 10 shares of Microsoft stock and profiting from the hard work of the engineers? People of all levels of wealth offer their capital to companies in exchange for some return on their investment. Bill Gates provided disproportionate value to the economy and was rewarded as such. He then has large amounts of capital to invest in companies that need it, which he is compensated for. I don't understand what's wrong with this. Bill Gates is one of the best examples of the 0.01% benefiting society.
- hannasanarion 7y agoI don't think you understand. Bill gates isn't doing anything. He's been retired for 15 years. He doesn't work anymore. None of the profit that Microsoft has made since then can be in any way attributed to his effort. Nonetheless, he has increased his hoard of wealth by 60 billion dollars, 120% of what he retired with. That money was made by the hard work of Microsoft's current engineers, devs, testers, managers, salespeople, call center workers, the whole bunch. THEY are the ones benefitting society, and they would be doing the same job whether Bill Gates existed or not. THEY should be the ones reaping the rewards.