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Someone else being rich doesn't make you poor.
by everfrustrated 4mo ago
Someone else being rich doesn't make you poor.
- fsuts 4mo agoWell if everyone was rich then prices would go up due to affordability and demand so the less rich would be poorer
- chadgpt3 4mo agoThat's why it's best if everyone is roughly equal. Not exactly equal, mind, I'm sure a 20:1 difference between the richest and the poorest would be much better than the present situation.
- vintermann 4mo agoSomeone else being powerful, though... What it boils down to is that a lot of the immense freedom Elon Musk has to influence our common future, due to his wealth, comes at the expense of our ability to influence our future. Yeah, not all games are zero sum. But "power over others" is, and it's a pretty important one, and other people are playing it whether you want to or not.
- jerome-jh 4mo agoIt would be bearable if they would just be rich and shut the **** up.
- RickJWagner 4mo agoI’m sort of with you. I don’t mind people succeeding at gathering wealth. Mostly the very rich stay quiet. What annoys me is loud mouthed celebrities. For some reason, people famous for being born pretty think their opinions are all brilliant.
- werckerwouter 4mo agoGarys Economics would like to have a word with you
- thibaut_barrere 4mo agoAt the anecdata level, you are right. At the global level, let’s say it is a bit different.
- chadgpt3 4mo agoThat's right, causation goes the other way: many people have to be poor in order for one person to be rich. Where did Elon get his money, again? Being at the right place at the right time in PayPal and being so incompetent they paid him to leave; selling overpriced underperforming electric cybertrucks to his fanbase; billions of taxpayer dollars (which directly make us poorer) to SpaceX; and most recently tricking index fund investors to buy his IPO?