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He doesn't earn the money by "doing work", and I don't think anyone would claim that to be the case. He earns money by taking risks, which is the cornerstone of
by stronglikedan 3y ago
He doesn't earn the money by "doing work", and I don't think anyone would claim that to be the case. He earns money by taking risks, which is the cornerstone of capitalism, and something that most people aren't willing to do, especially to the extremes he has.. It's a valid way to earn money, and has nothing to do with "equality".
Of course, modern capitalism has devolved into crony capitalism, but that's a different topic altogether.
- jandrese 3y agoThe flipside of "taking risks" is having the resources to take those risks with in the first place. Especially the resources that if the risk doesn't pay off they can try again. It's not that average person isn't willing to take risks, it is that they don't have the opportunity to do so. And yeah, life isn't fair and it should never be totally fair. But at the same time having it rigged against so many people is a big problem. At what point do you say "ok, you have won, good job, it is time to promote the common good now."
- nickpp 3y agoAnybody who bough 1 Amazon stock on IPO day could’ve taken that risk. It wasn’t that hard or expensive, come on. Most people didn’t though. Jeff basically built that company from nothing. He deserves any wealth he has.
- latexr 3y ago> Jeff basically built that company from nothing. Hundreds of thousands of dollars from his parents is very far from “nothing”. https://www.cnbc.com/2018/08/02/how-jeff-bezos-got-his-parents-to-invest-in-amazon--turning-them-into.html https://www.cnbc.com/2018/08/02/how-jeff-bezos-got-his-paren...
- nickpp 3y agoWhich his parents had also thanks to... capitalism. And, you know, today countless investors are ready to give YOU millions if you are willing to do what Bezos did. This very site is known for something like that.
- latexr 3y agoYou’re shifting the goalposts. The fact remains he did not build Amazon from nothing. > today countless investors are ready to give YOU millions if you are willing to do what Bezos did. Maybe consider not everyone considers it a positive to exploit other human beings for unnecessary amounts of money.
- nickpp 3y ago> he did not build Amazon from nothing So all those broke founders that went to investors and raised money to fund their startups - did not build them from nothing?! That is news for them, I am sure. > exploit other human The absolute best thing you can do for a fellow human being is give them a job. Jobs for free people that can accept or reject them are not exploitation. Somebody who doesn't respect jobs and work has probably never worked an hour in his life.
- deleted 3y ago[deleted]
- latexr 3y ago> He earns money by taking risks He earns money by exploiting workers (sometimes literally to death) and destroying competition with unfair practices. > and something that most people aren't willing to do, especially to the extremes he has He was able to get started due to hundreds of thousands of dollars from his parents. That’s neither a risk nor something most people can do. > which is the cornerstone of capitalism Won’t argue with that. But it’s not a positive.