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Maybe billionaires should get a real job that contributes.
As much as I hate the accumulation of wealth by the few, saying billionaires don't have a real job and do not contribute is hilariously out of touch.
It would have been one thing to say "this technically isn't true", but you went with "hilariously out of touch" - which just drips with irony.
That's what I'm saying though, OP's statement is so objectively wrong that it detracts value from their cause. Combine that with the fact that billionaires would use the exact same language to describe the working class is hilariously ironic and shows how out of touch OP is.
Out of curiosity, do you actually believe that?
If they do, it's because THEY are hilariously out of touch with reality and/or don't grasp how utterly obscene of a dragon's hoard a billion dollars really is..
I get people here like to circlejerk, but a blanket statement like the one OP made detract so much value from your cause. Statements like that don't hold anymore value than a billionaire saying regular people shouldn't be eating avocados and not go to starbucks and that irony is in fact hilarious. The fact you can't acknowledge that irony means you are in fact out of touch.
Degrees matter. There IS in fact a specific amount of wealth that it's literally impossible to achieve and retain by merit alone and that dollar number is far below a billion.
You can act like a billionaire is just a more successful millionaire all you want, but it simply isn't true any more than an emperor being just a more powerful mayor.
Who are you talking to? I can agree with all that and still believe billionaires are actual people who provide actual value. Just like I disagree heavily with any dictator, I can acknowledge they provided value and reason for people to follow them, and I can acknowledge that it's an actual job. Did I say I agree with billionaires? Did I say I think they should exist and deserve their position? Absolutely not, but you're just as happy to project all your negative feelings upon me.
Out of touch hilarious irony
Economically speaking, billionaires are absolutely a terrible thing. It removes wealth from circulation and is counter productive to societal growth goals. One of the reasons we're constantly "printing money" is so that we can ensure there's enough of it in circulation and used by the masses after the wealthy extract their portion and remove it from general circulation.
Economies work best when money isn't hoarded or stashed away, but circulating fluidly throughout the economy. Billionaires are counter-thesis to this.
I agree with this completely, I can tell my reply is being heavily misinterpreted.
If every reply you post are misinterpreted according to you, then the problem is either you cannot communicate your idea well, or your point of view is the problem.
Valid possibility, equally valid but conveniently left out:
Life isn't an if-then statement let me tell you that much.
Get off your high with that codescending attitude.
It's a communication problem for you.
And since you're so eager to project your negative feelings towards billionaires on me, I'll assume you're suffering all three of my points.
Wasn't this a delightfully useless conversation? Two strangers being divided over the same hatred toward mass wealth accumulation. When you hear the quote "divide and conquer", think of this conversation.
Actual people I guess, but by definition a net drain on society via destructive resource hoarding. If I gave you $5 and then hired someone to steal $5000 from you, which action would you focus on?
Coming from the "well technically dictators do good stuff too" guy 🤦
Fight your strawman my dude, you're doing so great!
You are right, they are magic good boys who do millions of times as much work as everyone else.
Not what I said, but please tell me again how billionaires have contributed nothing and don't have real jobs? Don't you realise that is exactly how they talk about ~~you~~ regular people? Can't you taste the irony in OP's words?
They might have contribued something (I am not convinced), but their negative impact is order of magnitude worst than what they've contributed.
They took resource from the society, and they don't give back anything near their fair share and try to fuck the system over for their benefit.
There is no ethical billionaire and they will piss on your tomb if that mean they can get a dollar more.
Just look at the disparity between what we call the economy and the ever degrading quality of life of 99% of the population or the planet that is burning.
You are barking up the wrong tree, snap out of it and actually read what I'm saying.
OP's caption is objectively wrong. Period. Their over-generalisation is hurting their point. Period. Meme still funny and I agree. Period.
So, even if you think that CEOs contribute. If you compare their salaries and other income to their contribution, the latter shrinks to virtually nothing.
Oh for sure, I agree, that's not what me or OP was talking about though.
People are downvoting you because it's a blanket statement and generalization. But in reality, there's a nugget of truth to what you are saying.
In 2023, inheritance of billions overtook entrepreneurship for new billionaire growth.
https://www.cnn.com/2023/11/30/business/ubs-billionaires-report/index.html https://www.forbes.com/sites/maryroeloffs/2023/11/30/new-billionaires-inherited-more-than-they-earned-last-year-ubs-report-says/?sh=12613b9a3d68 https://www.vox.com/2024/1/22/24043104/billionaire-get-rich-people-parents-generational-wealth-transfer-trust-fund
What we are seeing is that a lot of the billionaire boomers are dying off, and their children are inheriting the wealth and choosing NOT to participate in labour, but to just sit on, and use that wealth to generate more wealth. Mostly by hiring others to manage that wealth.
the next decade is going to be interesting when we see the largest wealth transfer in recent history from retiring/dying boomers to their children. what those children end up doing with all that wealth will be the interesting dynamic we have yet to truly see.
Exactly and I bet they have an overall net negative value contribution to society. I'm just saying if a rich family provides steady jobs to an entire enterprise of people, that to those people they have provided significant value. They probably get to a billion by exploiting other people and companies, providing a net negative to society.
I knew when I commented that people would intentionally misinterpret my reply, but thats politics for ya.