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3. The willingness to egregiously exploit others for personal gain. You touch on this a bit with the privilege answer, but the truth is those who come from priv
by rzazueta 4y ago
3. The willingness to egregiously exploit others for personal gain. You touch on this a bit with the privilege answer, but the truth is those who come from privilege often see themselves as "above" others. And they encourage this worldview in everyone, largely to keep themselves above the rest. They pay themselves more even though, as you rightly point out, they only might know how to code or do the actual work that is generating value. Their "special skill" is in using their wealth, privilege, and occasionally charm to convince others to dedicate their lives to them - or at least 40 hours a week, though Musk is a greedy asshole with his bedroom offices and shit - and direct most of the proceeds from their labors toward the folks at the top who, let's be honest here, don't actually do meaningful work.
SBF and his team fully exploited the investors who entrusted them with their money. I have a little less sympathy for those folks - well, really, for the folks who make the majority of their money off the backs of someone else's labor and call it "investing" - but it's still rampant exploitation. The entire system is built on it and we keep falling for it.
If I want the young folks reading this to take anything away, it's that selling your lives to rich assholes will never free you. Stop competing with each other and start working together cooperatively. Shun the VCs and pool your own resources to build an organization where each member's contribution is equally valued, where decisions are made by consensus, where leaders lead and guide rather than rule and intimidate and make no more than twice the average pay for the extra workload. And any profits generated are partially retained for growth, but otherwise distributed evenly among those who contributed the labor. No need for a revolution, for new laws, for a new system of government or anything like that - stop fighting each other and competing against each other, it only serves the malignant narcissists who keep trying to tell us they are in charge. Work together, share the proceeds, build and support your communities, and focus on finding contentedness and happiness rather than the false promise of wealth and riches.