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I do agree that in a more fair world there shouldn't be billionaires, but at the same time it is curious that from all the stories posted on this website - wher
by pera 3y ago
I do agree that in a more fair world there shouldn't be billionaires, but at the same time it is curious that from all the stories posted on this website - where billionaires are making uncountable decisions that have a massive impact in our society - this is the only one where commenters would come to express their discomfort towards this fact of capitalism.
- lobocinza 3y agoWhen facts go against the narrative that billionaires are bad some feel the urge to rectify. If this story didn't hit the front page they wouldn't care. All is propaganda.
- madsbuch 3y ago> this is the only one where commenters would come to express their discomfort towards this fact of capitalism Don't conflate an in-equal system with capitalism. That would be untrue and un-wise. Most people agree that a free market needs to exists in order to uphold a capitalistic system (what is ownership if you can not transfer it?). You can make free markets that are regulated in a way that ensures that participants are, roughly, equal - in fact there is an argument that a market is not free unless this is the case. When participants of a market can increase their profit margins it is usually a sign of an ineffcient market - a participant has an advantage that other participants can not compete with.