4 ms·

The problem is concentration of wealth to the point there are negative impacts elsewhere in society. Bezos didn’t get rich in a vacuum. He did it by pushing wa

The problem is concentration of wealth to the point there are negative impacts elsewhere in society. Bezos didn’t get rich in a vacuum. He did it by pushing warehouse workers to the brink of sanity and physical collapse. By making drivers per in bottles instead of taking bathroom breaks. Etc. And then there’s Zuck. Does FB/Meta really provide value to society that warrants his wealth? Sire, within the confines of the rules we have in place it does. But that doesn’t mean we can’t question those rules.

wnolens 4y ago
> Does FB/Meta really provide value to society that warrants his wealth? Do basketball players deserve to make 10x the salary of CEOs? (Average, from top Google result). A market where by individuals have the freedom to allocate their dollars towards things they need and/or want (among plenty of options) has determined so. No one gets rich in a vacuum. Slave labor is illegal. Hundreds of thousands of people are paid along the way - inside Amazon, outside, the government.
- int_19h 4y ago
  There is a power imbalance between employers and employees, which is particularly severe in case of large corporations. Slavery is not the only way to economically exploit people, just the most direct one.
- banannaise 4y ago
  > Do basketball players deserve to make 10x the salary of CEOs? (Average, from top Google result). The short answer: no, they don't, basketball has its own wealth distribution problem, but that's a problem within basketball rather than for society at large. (Non-superstar players are severely undercompensated, particularly when it comes to development leagues, college, and even high school.) The shorter answer: we're not talking about CEOs, we're talking about owners and shareholders, so why even bring up CEOs?

4 ms·

The problem is concentration of wealth to the point there are negative impacts elsewhere in society. Bezos didn’t get rich in a vacuum. He did it by pushing wa

by alistairSH 4y ago

wnolens 4y ago
> Does FB/Meta really provide value to society that warrants his wealth? Do basketball players deserve to make 10x the salary of CEOs? (Average, from top Google result). A market where by individuals have the freedom to allocate their dollars towards things they need and/or want (among plenty of options) has determined so. No one gets rich in a vacuum. Slave labor is illegal. Hundreds of thousands of people are paid along the way - inside Amazon, outside, the government.
- int_19h 4y ago
  There is a power imbalance between employers and employees, which is particularly severe in case of large corporations. Slavery is not the only way to economically exploit people, just the most direct one.
- banannaise 4y ago
  > Do basketball players deserve to make 10x the salary of CEOs? (Average, from top Google result). The short answer: no, they don't, basketball has its own wealth distribution problem, but that's a problem within basketball rather than for society at large. (Non-superstar players are severely undercompensated, particularly when it comes to development leagues, college, and even high school.) The shorter answer: we're not talking about CEOs, we're talking about owners and shareholders, so why even bring up CEOs?