News for hackers. Stuff that matters.
Re:Bezos donates $100M each to CNN contributor Van Jones and... by varispeed on Thursday July 22, 2021 @10:51AM (#27919584)
> Unless you're in the "billionaires must not exist" camp, which we could argue about, they'll still be very rich, given the scale and success of their businesses. A net worth of $50 billion vs $150 billion doesn't change all that much, for the U.S. treasury or Bezos.

They should be okay with $10 million. Average worker will never be able to accumulate even $1 million during their lifetime.

> There are many thousands of Amazon workers making six figure salaries.

Amazon has 1,298,000 workers. The 1% you are referring to, does not make Amazon a good company. Furthermore, given how much money Bezos was able to skim, the six figures are still laughable.

> The fact that low skilled jobs pay crap is in no way unique to Amazon

Yes, because we don't have proper regulation - like making sure highest pay is no more than 10x of lowest pay or linking minimum wage to company global revenue (with a minimum threshold).

> and I doubt Bezos or Musk would object for reasons of greed.

They would object, because people on UBI wouldn't have to work in their sweatshops.

> like they can actually make humanity space-faring,

Corporations are not motivated by humanity

> provide world-wide high speed internet to poor villages

To help with surveillance, data mining and control.

> move toxic industries off-world, etc.

Only if it is profitable. More likely they would move banking off-world to shield themselves from paying taxes.

There are no comments on this comment yet.