Imagine despising the country that facilitated the acquisition of your embarrassing hoard of wealth to begin with this much.
Does Jeff treat his parents that gave him a quarter million to start with this much disrespect as well? Or was their facilitation of his success one that he actually acknowledges?
I genuinely love your use of the word embarrassing here. We need to normalize treating insane personal/family wealth as an embarrassment instead of something to be respected. With very few exceptions you only become a billionaire through inheritance of wealth undoubtedly built on exploitation, or by exploiting others yourself. They should be embarrassed by that.
I don’t think there are any exceptions. A billion is such an unfathomably large amount that I’m pretty sure you MUST rely on exploitation to ever acquire that much.
I allowed for the possibility of a rare exception just in case. The two possibilities that come to mind are Notch (creator of Minecraft) and Taylor Swift. Both certainly depended on the work of others to become a billionaire, so there was likely some degree of exploitation (obviously in the Marxist sense there was) but maybe not at the scale of people like Bezos. I certainly haven’t heard of Taylor Swift’s employees pissing in jars on a warehouse floor.
Swift had very wealthy parents from the outset so while she wasn’t billionaire-rich to start, she enjoyed huge advantages that most musically -inclined kids never would have. She certainly seems to enjoy the obscene wealth she has now, what with her disregard of the environment while jet setting around the world. I say all of this as a legit fan of her music, even though I hate that she isn’t massively donating her wealth.
I’m less sure about Notch. It sounds like he’s a bit of an internet edgelord these days so I’m not super optimistic that he grew his wealth “fairly”.
That said, I fundamentally do agree with you and strongly believe that billionaires should be taxed until they’re no longer billionaires.
Imagine despising the country that facilitated the acquisition of your embarrassing hoard of wealth to begin with this much.
Does Jeff treat his parents that gave him a quarter million to start with this much disrespect as well? Or was their facilitation of his success one that he actually acknowledges?
I genuinely love your use of the word embarrassing here. We need to normalize treating insane personal/family wealth as an embarrassment instead of something to be respected. With very few exceptions you only become a billionaire through inheritance of wealth undoubtedly built on exploitation, or by exploiting others yourself. They should be embarrassed by that.
I don’t think there are any exceptions. A billion is such an unfathomably large amount that I’m pretty sure you MUST rely on exploitation to ever acquire that much.
I allowed for the possibility of a rare exception just in case. The two possibilities that come to mind are Notch (creator of Minecraft) and Taylor Swift. Both certainly depended on the work of others to become a billionaire, so there was likely some degree of exploitation (obviously in the Marxist sense there was) but maybe not at the scale of people like Bezos. I certainly haven’t heard of Taylor Swift’s employees pissing in jars on a warehouse floor.
Swift had very wealthy parents from the outset so while she wasn’t billionaire-rich to start, she enjoyed huge advantages that most musically -inclined kids never would have. She certainly seems to enjoy the obscene wealth she has now, what with her disregard of the environment while jet setting around the world. I say all of this as a legit fan of her music, even though I hate that she isn’t massively donating her wealth.
I’m less sure about Notch. It sounds like he’s a bit of an internet edgelord these days so I’m not super optimistic that he grew his wealth “fairly”.
That said, I fundamentally do agree with you and strongly believe that billionaires should be taxed until they’re no longer billionaires.