this post was submitted on 28 Dec 2023
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A Boring Dystopia

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[–] Twentytwodividedby7@lemmy.world 27 points 11 months ago (9 children)

ITT: a bunch of people who don't understand how dividends work on stock ownership. He's not collecting a salary, Microsoft is not actively paying him, he's just an investor who owns a shit ton of stock.

[–] Kiwi@lemmy.world 66 points 11 months ago (1 children)

Or, a bunch of people who are over the inequality in our world regardless of how the person comes by the money.

I don’t care if Microsoft pays him a salary or not, hoarding that much wealth is a mental illness that can only be cured by a guillotine

[–] escaped_cruzader@lemmy.world -3 points 11 months ago (1 children)

is a mental illness that can only be cured by a guillotine

Do you prescribe this medicine to all mental illness?

[–] tastysnacks@programming.dev 30 points 11 months ago

Billionaires don't want to work anymore.

[–] Strawberry@lemmy.blahaj.zone 29 points 11 months ago

Somebody should've just told Marx about the difference between salary and capital ownership!

[–] FlyingSquid@lemmy.world 6 points 11 months ago

So you're saying he'll be making a billion dollars a year for doing nothing?

[–] ramble81@lemm.ee 4 points 11 months ago

Isn’t that the “doing nothing” part of the title?

[–] aniki@lemm.ee 4 points 11 months ago* (last edited 11 months ago)

And? Details are irrelevant. I still want him to choke and die.

[–] TheDoctorDonna@lemmy.world 4 points 11 months ago (1 children)

Income is income, and billionaires already have too much of it. Not everyone enjoys taking it rough from corporate America.

The only people who should have stake in a company are those who work there.

[–] Djtecha@lemm.ee 1 points 11 months ago

Wait... But then the stock would be virtually worthless...

[–] Bleach7297@lemmy.ca 3 points 11 months ago* (last edited 11 months ago)

The stock market is perverse.

It is supposed to be a tool that allows people to support promising ventures that they believe in, and allows them to profit from the venture if it is successful.

Instead it's a race to the bottom, where companies have a feduciary duty to their investors to make them as much profit as possible. This is the ultimate driver of enshittification.

Adam Smith was a smart guy, but he never saw Milton Friedman coming.