this post was submitted on 21 Sep 2023
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[–] trailing9@lemmy.ml -1 points 1 year ago

Money only makes money if you choose to invest in things that increase in value.

If everybody invests in lithium mines then there will be a surplus and many investors will lose money.

It's work to collect the information to make the right choices.

Like workers don't share with the third world miners who provided the raw materials, billionaires don't share either. They can be taxed, though. But how much?

Should their billions be taken? Then who has the money to invest in risky opportunities? How much of their wages are workers willing to pool for those investments?