4 ms·

Absurd. Inequality doesn’t matter really nowadays. There will be no revolution as most of people are out of poverty despite what narration on the internet is.

by ozim 2y ago

Absurd. Inequality doesn’t matter really nowadays. There will be no revolution as most of people are out of poverty despite what narration on the internet is. Living conditions as today day poor person are immensely better than 18 or 19th century peasants. Whoever has billions does not affect me having running water in faucets and me enjoying life. Warm water is not all there is to life but it is a lot.

ryandrake 2y ago
> Whoever has billions does not affect me having running water in faucets and me enjoying life. Whether or not people are in subsistence poverty is not the only measure of a functioning society. It's great that extreme poverty is going down, but let's not declare Mission Accomplished just yet. The existence of billionaires might not affect your running water, but it does distort the market and negatively affect how much everything around you costs, from housing to healthcare to groceries. The existence of billionaires also affects your share of power in democracy. A billionaire is right now, running amok, griefing workers and tearing down institutions. All because his billions bought him the power to do that. You might change your "billionaires existing doesn't bother me" Enlightened Apathy if they one day kill a government service you rely on or decide your job must end because they need double digit stock growth again this year.
- mlrtime 2y ago
  You are stating these things as facts, however I have not seen a single rational thought on why Elon/Bezos/... existing makes others suffer MORE, taking into account that the poorest now are objectively better off than in the past. The delta can increase and QOL across all incomes increase (albit different rates). If the people here just want 100% equality, just state it as intention.
- ozim 2y ago
  The U.S. holds the top spot with 813 billionaires - there are 340 Million people in the US - I don't think their mere existence has any impact on weather my local grocery sells more expensive bread or tomatoes. I think people should stop fetishizing billionaires one way or the other.

by ozim 2y ago

ryandrake 2y ago

> Whoever has billions does not affect me having running water in faucets and me enjoying life. Whether or not people are in subsistence poverty is not the only measure of a functioning society. It's great that extreme poverty is going down, but let's not declare Mission Accomplished just yet. The existence of billionaires might not affect your running water, but it does distort the market and negatively affect how much everything around you costs, from housing to healthcare to groceries. The existence of billionaires also affects your share of power in democracy. A billionaire is right now, running amok, griefing workers and tearing down institutions. All because his billions bought him the power to do that. You might change your "billionaires existing doesn't bother me" Enlightened Apathy if they one day kill a government service you rely on or decide your job must end because they need double digit stock growth again this year.

mlrtime 2y ago
You are stating these things as facts, however I have not seen a single rational thought on why Elon/Bezos/... existing makes others suffer MORE, taking into account that the poorest now are objectively better off than in the past. The delta can increase and QOL across all incomes increase (albit different rates). If the people here just want 100% equality, just state it as intention.
ozim 2y ago
The U.S. holds the top spot with 813 billionaires - there are 340 Million people in the US - I don't think their mere existence has any impact on weather my local grocery sells more expensive bread or tomatoes. I think people should stop fetishizing billionaires one way or the other.