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Personally I think Musk is more in the "accidental" billionaire category than many of them (by that I mean his wealth is heavily volatile with a lot of risk, an
by StillBored 6y ago
Personally I think Musk is more in the "accidental" billionaire category than many of them (by that I mean his wealth is heavily volatile with a lot of risk, and was hard to predict).
That said, most of these billionaires have gotten there because they were able to abuse some part of the capitalistic society. The "quality product for a fair price" bit is warped in some way due to monopoly power, exploiting their workers, etc.
Which is why a lot of people really dislike the Waltons, Bezos, etc billionaires. Its hard to answer why they should benefit so hugely when they could have cut into their wealth a little and given their employees a working wage, or slightly better benfits, etc. Instead they have created massive generational wealth gaps where their children/etc will effectively be royalty, and then cynically used propaganda to even neuter the government/financial system from ever re-leveling the playing field.
And what for, so they can have tens of billions instead of tens of millions while something like 50% of the population lacks even basic healthcare, or for that matter food security?