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Your analogy doesn't hold (like most car analogies). Someone making 100x more than the average worker in their industry simply doesn't have the capability to s
by r00fus 3y ago
Your analogy doesn't hold (like most car analogies).
Someone making 100x more than the average worker in their industry simply doesn't have the capability to see those workers (nor the consumer) as anything but ants.
I somewhat agree that C-levels aren't the root of this problem. What's needed is to rein in hedge funds (who corrupt almost all industries) by closing things like the "carried interest" tax loophole.
- endisneigh 3y agoWhy restrict to industry? Do you see the global poor as ants?
- Eisenstein 3y agoThat analogy doesn't hold. The reason they see those below them as ants is because there are so few like them. If there are only 2,640 billionaires in the entire world then that is very different from being middle class. Billionaires never have to take a commercial flight and never have to wait in line, and never have to wait for table, etc.
- endisneigh 3y agoThere are literally millions of millionaires in America. Millionaires who always have fresh water, food, electricity, a home they own, etc. So what?
- r00fus 3y agoThere is a quantitative lifestyle difference between a millionaire and a billionaire. And between someone who is compelled to work for a living vs. someone who can subsist at the highest lifestyle on passive income alone.