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No one can earn a billion. You only get that rich by being in the right position to siphon off money from the work of others. If you make a great inventions, it
by danbruc 5y ago
No one can earn a billion. You only get that rich by being in the right position to siphon off money from the work of others. If you make a great inventions, its still the thousands of employees doing the actual work, you are just in the right position to take a bit from each and get really rich. If you invest your money, you are in the right position to set the terms, and you will choose terms that even after accounting for the risk and opportunity costs and so on some additional money ends up in your wallet.
So even if everyone could live well because the amount of money siphoned away is not to much, there would still be some unfairness in the system that I would want to see go away.
- kiba 5y agoYour income from jobs is never based on your moral worth, only what society thinks is monetarily valuable.
- danbruc 5y agoI am not sure what you mean with moral worth, but of course no one will pay more than what they value something. If producing something does not pay the bills because no one values that thing, then you should not produce that thing.