5 ms·

good for him! but empty words to the american working class it may be too late, now ppl hate the rich

tennfown 4mo ago
[flagged]
Varelion 4mo ago
As they should. Money boils down to a finite resource, and a class of people have been flaunting their theft of the working class since the famous balcony champagne image taken during Occupy Wallstreet. That singular image should be the poster of this Epstein era.
- WalterBright 4mo ago
  > Money boils down to a finite resource Musk more amply demonstrated how wealth is created.
  - Varelion 4mo ago
    Yeah, start by having enough to buy more influence with the right people, so they don't realize your assets are nowhere near a correct valuation.
    - WalterBright 4mo ago
      [dead]
      - Varelion 4mo ago
        No.
    - laughing_man 4mo ago
      The idea SpaceX is where it is because he bought influence with the right people is fanciful thinking on the part of Musk's detractors.
- zuzululu 4mo ago
  The reason there is cynicism around philanthropy by America's elite class is perhaps the obliviousness to the methods and means it is created and supported. "Here is a few billion dollar to a non profit company I control but you better not write that in the article" or "I didn't care for social consequences, I was just another player, it was ultimately for you" vibes it just doesn't have the impact it used to, ironically because then inflation was low and integrity/morality was rewarded as society. I think Ray Dalio has done a fantastic job of mapping out the trajectory we are on. We've already started seen glimpse of it and I don't think its going to cool down. America and the West in general has growing fatigue with various elements and perhaps the biggest one is that of wealth gap disparity. Perhaps a snapshot of where we are: The richer you get the more you need access and proximity to those that monopolized violence and pay protection money too. It's not unlike Italy in the 1800s, you need money to purchase and distribute violence to acquire more resources and eventually the gap gets too big, people can't afford bread, and they get bold.
  - Varelion 4mo ago
    You do not become a Billionaire without abusing and taking advantage of others. It would be foolish to think that anyone with that pattern of behavior would or could be philanthropic. The one exception I had for this was Bill Gates. Then I looked into the past behavior of Microsoft, and what he was going with Jeffery Epstein. I no longer hold him as an exception.
- laughing_man 4mo ago
  Theft? I don't see any indication of widespread theft. The fact that you don't make as much as you wish you were making doesn't make you a victim of theft.
WalterBright 4mo ago
[flagged]
- zuzululu 4mo ago
  America is the place for very few people to get wealthy relatively compared to the rest is more accurate. I don't know how long this asymmetric upside down pyramid structure will hold. Monopoly on violence requires participants to believe in its continuity, any fracture in perception no matter how small, will create an increasingly chaotic redistribution effect.
  - gottorf 4mo ago
    "The rest" is still quite wealthy, even by today's developed economy standards. Median household disposable income is higher in Mississippi, a state widely panned for its poverty, than Germany, the richest major EU nation. In American discourse, there's a ton of talk about inequality from the haves against the have-mores, pushing policy that often times will lead to worse outcomes for the have-nots.
    - zuzululu 4mo ago
      [dead]
    - micro2588 4mo ago
      median household income is not higher in missisippi vs germany, especially not true if you adjust for the value of healthcare, education, and social benefits including time off work.
      - gottorf 4mo ago
        There are, of course, many ways to measure this, some of which are slightly higher for Germany and some for Mississippi. Many are in the same ballpark, which is pretty crazy to think about. Many of these statistics take into account the taxpayer-funded programs you mentioned. Broadly speaking, the median Mississippian is about as rich as the median German, with the tradeoff being that the Mississippian has greater access to private goods (e.g. a fishing boat or a big car), whereas the German has greater access to public goods (e.g. socialized insurance or college). My point is that even "the poor" in America are really quite well off, and not just in historical terms.

[flagged]

As they should. Money boils down to a finite resource, and a class of people have been flaunting their theft of the working class since the famous balcony champagne image taken during Occupy Wallstreet. That singular image should be the poster of this Epstein era.

WalterBright 4mo ago
> Money boils down to a finite resource Musk more amply demonstrated how wealth is created.
- Varelion 4mo ago
  Yeah, start by having enough to buy more influence with the right people, so they don't realize your assets are nowhere near a correct valuation.
  - WalterBright 4mo ago
    [dead]
    - Varelion 4mo ago
      No.
  - laughing_man 4mo ago
    The idea SpaceX is where it is because he bought influence with the right people is fanciful thinking on the part of Musk's detractors.
zuzululu 4mo ago
The reason there is cynicism around philanthropy by America's elite class is perhaps the obliviousness to the methods and means it is created and supported. "Here is a few billion dollar to a non profit company I control but you better not write that in the article" or "I didn't care for social consequences, I was just another player, it was ultimately for you" vibes it just doesn't have the impact it used to, ironically because then inflation was low and integrity/morality was rewarded as society. I think Ray Dalio has done a fantastic job of mapping out the trajectory we are on. We've already started seen glimpse of it and I don't think its going to cool down. America and the West in general has growing fatigue with various elements and perhaps the biggest one is that of wealth gap disparity. Perhaps a snapshot of where we are: The richer you get the more you need access and proximity to those that monopolized violence and pay protection money too. It's not unlike Italy in the 1800s, you need money to purchase and distribute violence to acquire more resources and eventually the gap gets too big, people can't afford bread, and they get bold.
- Varelion 4mo ago
  You do not become a Billionaire without abusing and taking advantage of others. It would be foolish to think that anyone with that pattern of behavior would or could be philanthropic. The one exception I had for this was Bill Gates. Then I looked into the past behavior of Microsoft, and what he was going with Jeffery Epstein. I no longer hold him as an exception.
laughing_man 4mo ago
Theft? I don't see any indication of widespread theft. The fact that you don't make as much as you wish you were making doesn't make you a victim of theft.

WalterBright 4mo ago

[flagged]

zuzululu 4mo ago
America is the place for very few people to get wealthy relatively compared to the rest is more accurate. I don't know how long this asymmetric upside down pyramid structure will hold. Monopoly on violence requires participants to believe in its continuity, any fracture in perception no matter how small, will create an increasingly chaotic redistribution effect.
- gottorf 4mo ago
  "The rest" is still quite wealthy, even by today's developed economy standards. Median household disposable income is higher in Mississippi, a state widely panned for its poverty, than Germany, the richest major EU nation. In American discourse, there's a ton of talk about inequality from the haves against the have-mores, pushing policy that often times will lead to worse outcomes for the have-nots.
  - zuzululu 4mo ago
    [dead]
  - micro2588 4mo ago
    median household income is not higher in missisippi vs germany, especially not true if you adjust for the value of healthcare, education, and social benefits including time off work.
    - gottorf 4mo ago
      There are, of course, many ways to measure this, some of which are slightly higher for Germany and some for Mississippi. Many are in the same ballpark, which is pretty crazy to think about. Many of these statistics take into account the taxpayer-funded programs you mentioned. Broadly speaking, the median Mississippian is about as rich as the median German, with the tradeoff being that the Mississippian has greater access to private goods (e.g. a fishing boat or a big car), whereas the German has greater access to public goods (e.g. socialized insurance or college). My point is that even "the poor" in America are really quite well off, and not just in historical terms.