Re:Elite do-gooders 'fixing' the world are part of the probl...
by missedthecue on Tuesday August 11, 2020 @03:14PM
(#24124623)
Therefore, it's not a real problem that Jeff Bezos owns 10% of Amazon. You wouldn't be any better off if he owned 9% or worse off if he owned 11% instead. It's a wedge issue.
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Re:Elite do-gooders 'fixing' the world are part of the probl...
by sp332 on Tuesday August 11, 2020 @03:36PM
(#24124958)
Right. It's much more of a problem that his employees are getting less value than they create for the company, and he is taking a lot of the difference. Since all billionaires have made their fortunes this way (or inheriting from someone who did), billionaires should not exist.
P.S. He owns 11.1% and had more before his divorce.
Re:Elite do-gooders 'fixing' the world are part of the probl...
by wizzwizz4 on Tuesday August 11, 2020 @03:19PM
(#24124694)
That in no way follows.
Re:Elite do-gooders 'fixing' the world are part of the probl...
by mac01021 on Tuesday August 11, 2020 @03:27PM
(#24124824)
Well....
If he owned 9% instead of 10% and I owned the difference of 1%, then I would be better off.
Re:Elite do-gooders 'fixing' the world are part of the probl...
by missedthecue on Tuesday August 11, 2020 @04:16PM
(#24125457)
And if my grandmother had wheels she'd be a bicycle.
Re:Elite do-gooders 'fixing' the world are part of the probl...
by mistermann on Tuesday August 11, 2020 @03:17PM
(#24124676)
If half of Jeff's shares were transferred to a non-profit organization that assists homeless people, would that make a physical difference in the world, or would it have no effect?