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Re:Work, Work, Work – So a Few Can Be Rich by JoeAltmaier on Thursday August 11, 2022 @08:03AM (#32424394)
The thought that 'billionaires' are the problem is missing the point. There are folks worth the better part of $1T. They are a bigger part of the problem, by several orders of magnitude.

The systematic problems are, that the system is rigged so a tiny few skim from everything, leaving the absolute minimum they can get away with for the rest of us.

Re:Work, Work, Work – So a Few Can Be Rich by onlyrealcuzzo on Thursday August 11, 2022 @09:26AM (#32425237)
Look, I'm close to as far left as you can get.

But this is leftist propaganda that makes no sense.

I just disproved that ALL billionaires (including the centibillionaires) do not have a meaningful amount of money to distribute to the country (or the globe) in any reasonably fair way.

Singling out the centibillionaires - Musk and Zuckerberg and Bezos and Gates and Buffet - doesn't make my point irrelevant. If you're only looking at them - their contribution is more unequal, sure! But they don't even have half the billionaire total. They aren't even half the problem. Taking their money wouldn't even do half as much!

Do they have disproportionate power? Absolutely!

Are they using that to get even more money? I think it's hard to argue they aren't.

Is that a problem? I think so.

Are they skimming all the money so we have nothing? This idea is laughably wrong, and the amount of times it is parroted is infuriating.

Re:Work, Work, Work – So a Few Can Be Rich by JoeAltmaier on Thursday August 11, 2022 @02:30PM (#32429853)
For those in the top of earnings, it feels good to ignore wealth inequality. To imagine it's somehow 'ok' that a handful of people own over half the economy, is tragic.

Consider: the bottom half of American wage-earners (those below $97,000(!)) have combined wealth of approximately 1% of the American total.

So maybe we're talking about the wrong 1% - we can instead consider those sharing <1% of the 'American pie' who's income is hopelessly distant from anything that could dig them out of the bottom.

I have to imagine, the parrot in the room is not me. I wonder why somebody "far left" can fool themselves this way.

Re:Work, Work, Work – So a Few Can Be Rich by wizofaus on Saturday August 13, 2022 @02:21PM (#32452368)
Billionaires sounds like too high a bar. Have you done the same sums for everyone earning, say, 500k+ (well over >10x the median)?
Re:Work, Work, Work – So a Few Can Be Rich by sparrish on Thursday August 11, 2022 @08:11AM (#32424488)
So stop giving the Trillionaires your money.

They have that trillion because we buy things from them... from Amazon, from Tesla, etc. You don't like those things exist? Stop exchanging your money for their goods/services.

Re:Work, Work, Work – So a Few Can Be Rich by moffkalast on Thursday August 11, 2022 @08:27AM (#32424653)
That is a problem when Amazon buys up everything that moves and integrates it into their product line. At some point it becomes impossible to avoid. Most of the snack and soft drink industry is owned by like what, 3 megacorps?

You don't like existing? Just die. Nobody's stopping you.

Re:Work, Work, Work – So a Few Can Be Rich by saiya-jin on Thursday August 11, 2022 @09:01AM (#32424976)
You really picked up the worst possible examples.

Solution #1 - don't buy properly crap food that is literally slowly killing you and making/keeping you addicted, while you pay the money to said corporations. A generally smart move. Yes they also own normal food(TM) brands, but here in Europe there are tons of alternatives on shelves, ie 1 cocoa powder from nestle, other 5 from small often fair trade producers.

Maybe in US Amazon owns everything, although I doubt it. But US is what, 5% of the world? In most of the world, Amazon is OK but nothing big. In Switzerland for example, there is no Amazon and its non-trivial to order anything from other countries, many sellers simply do not ship here. Stuff comes via Swiss post/small companies, from local eshops. So yeah not giving much to Bezos even if I wanted to.

Now what did I solve though? Nothing apart from good feeling (and paying more for postal serviecs and eating more healthily)

Re:Work, Work, Work – So a Few Can Be Rich by lr4444lr on Thursday August 11, 2022 @08:11AM (#32424486)
What's "everything"? Wealth isn't fixed.