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Stop making this topic romantic and poetic. It’s just statistics. Big ass sample (8bn individuals) and power law produces stuff like billionaires. > fair It’
by Bubble_Pop_22 4y ago
Stop making this topic romantic and poetic. It’s just statistics.
Big ass sample (8bn individuals) and power law produces stuff like billionaires.
> fair
It’s not about fairness, people have been saying loud and clear that they can’s stand billionaires and the uber wealthy. They also been saying they want them out.
JPMorgan, Goldman Sachs, Prudential, General Electric, General Motors… they have been in the hands of pension funds forever, with the CEO taking a salary, and they have been working just fine.
If you diluted the whole Forbes 400 into oblivion or just transfered their shares to pension funds the companies they lead would go along just fine .
we know because there are countless examplers