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Do you really think Elon Musk provides orders of magnitude more value than the engineers who actually built the damn thing? His main contribution was the capita

by gaze 5y ago

Do you really think Elon Musk provides orders of magnitude more value than the engineers who actually built the damn thing? His main contribution was the capital.

Grustaf 5y ago
Of course a leader provides tens or hundreds of times the value of a follower, what an absurd question. But that doesn't mean it's reasonable that he collects 10000 times more of the value. There is so functional difference between having 1 or 10 billion, except the amount of undue influence you can have on politics.
- s1artibartfast 5y ago
  When the form of wealth is stock, the functional difference between having 1 or XX billion is corporate control of the company.
  - Grustaf 5y ago
    If your point is that it's important for founders to keep control, then sure, but you can have different classes of shares. Founders can stay in control of their companies without making tens of billions.
    - s1artibartfast 5y ago
      In the US, I guess this is true, although non-voting/low voting shares are illegal in many parts of the world.
- OldTimeCoffee 5y ago
  >Of course a leader provides tens or hundreds of times the value of a follower, what an absurd question. Why is this of course? If it weren't for the followers the leader would have nothing except hot air. The real value is in the followers, it's just distributed over larger numbers. Maybe I'm missing something, but someone actually has to do the work and it's not normally the "leaders"... There are a lot of small businesses getting a really hard education in this right now.
  - Grustaf 5y ago
    Because followers are interchangeable, but a leader is someone that wills something into being from nothing. It's incredibly demanding, most people can't even start a hot dog stand from scratch.
- gaze 5y ago
  Why is it an absurd question? You haven't justified this "tens or hundreds" figure at all, just called it absurd.

by gaze 5y ago

Do you really think Elon Musk provides orders of magnitude more value than the engineers who actually built the damn thing? His main contribution was the capital.

Grustaf 5y ago

Of course a leader provides tens or hundreds of times the value of a follower, what an absurd question. But that doesn't mean it's reasonable that he collects 10000 times more of the value. There is so functional difference between having 1 or 10 billion, except the amount of undue influence you can have on politics.

s1artibartfast 5y ago
When the form of wealth is stock, the functional difference between having 1 or XX billion is corporate control of the company.
- Grustaf 5y ago
  If your point is that it's important for founders to keep control, then sure, but you can have different classes of shares. Founders can stay in control of their companies without making tens of billions.
  - s1artibartfast 5y ago
    In the US, I guess this is true, although non-voting/low voting shares are illegal in many parts of the world.
OldTimeCoffee 5y ago
>Of course a leader provides tens or hundreds of times the value of a follower, what an absurd question. Why is this of course? If it weren't for the followers the leader would have nothing except hot air. The real value is in the followers, it's just distributed over larger numbers. Maybe I'm missing something, but someone actually has to do the work and it's not normally the "leaders"... There are a lot of small businesses getting a really hard education in this right now.
- Grustaf 5y ago
  Because followers are interchangeable, but a leader is someone that wills something into being from nothing. It's incredibly demanding, most people can't even start a hot dog stand from scratch.
gaze 5y ago
Why is it an absurd question? You haven't justified this "tens or hundreds" figure at all, just called it absurd.