Thinking money is not a finite resource is actually one of the largest problems with capitalism.


You actually believe having enough money to retire on is the same thing as having enough money to pull a small country out of poverty and STILL be among the top 1,000 richest people on the planet?
And yes i was an executive of that company (BP) which is why i chose to retire and not be a part of that system anymore.
You keep trying to bring it back to "Oooga booga you have enough money to retire so you must have to give it all away ooga boooga" its ridiculous.
We are not talking about people who invested well and get to stop working we are talking about people who can buy and sell nations.

This post was edited by Plaguefear on Jun 11 2021 09:23pm

Alright:

You actually believe having enough money to retire on is the same thing as having enough money to pull a small country out of poverty and STILL be among the top 1,000 richest people on the planet?
- Sir, you don't have enough money to retire on - your wealth far exceeds this measurement. You have claimed you owned a 3/4 $1 million home outright and can afford a $5 million shore house.
- Do you really believe the average middle-class retiree has this? What-about-ism.

And yes i was an executive of that company (BP) which is why i chose to retire and not be a part of that system anymore.
- You kept the money though (and all associated bonuses). This reminds me of the kid from Two and a Half Men who got filthy rich but decided that the show was no longer in line with his morals in the last seasons (while keeping the money)
- That doesn't align with the values you profess.
- There is no Billionaire that can fix any country. Budgets for 1 year alone routinely reach tens-to-hundreds of billions. Not even Warren Buffet has that to afford what you suggest.

You keep trying to bring it back to "Oooga booga you have enough money to retire so you must have to give it all away ooga boooga" its ridiculous.
We are not talking about people who invested well and get to stop working we are talking about people who can buy and sell nations.
- Again, what-about-ism. They have more than I do so it's not my problem. Many with less have a different mindset. Their purchasing power compared to yours isn't my concern - you're above 95% of the average person in terms of wealth yourself. You can do your part too if you believe what you say.

This post was edited by CyrusTheGreat on Jun 11 2021 09:39pm

Cost of living is much higher here and i am a lot younger than the average retiree, i live off of interest, rent, dividends and capital gains believe me the income generated is barely 6 figures.
You are the one engaging in whataboutism here champ, the topic at hand was ALWAYS billionaires YOU keep trying to make it about me and failing miserably.
You might live in a fairy land where ideals are more important than reality but here on earth i have no problem with working within a system to gain myself freedom from it.

This post was edited by Plaguefear on Jun 11 2021 09:55pm

Then you simply have no problem with Capitalism and therefore, I think we're in agreement.

Have a nice evening, friend

This post was edited by CyrusTheGreat on Jun 11 2021 10:04pm

That's an exceptionally dishonest statement. One can have a lot of problems with a system they are willing to work in. In fact, I'd say everybody has a problem with every system they are willing to work in. I personally find capitalism to be a massive inefficiency that we could easily correct if we weren't so used to working in it, but I have been pretty successful in capitalism.

You know who else was successful within capitalism?
Karl marx, would you consider him to have no problem with capitalism?

Karl Marx is not a capitalist in any sense of the word, truthfully.

He has an entire (failed, destructive and murderous) economic model named after him that’s still taught in small subsections of many universities today.

My friend, saying Karl Marx is a capitalist is the equivalent of saying Che Guevara was a pacifist.

Why cant you read?

Karl Marx lived under capitalism and was successful in it despite having problems with it.

Capitalism isn't to be confused with reserve bank printing infinite notes to support inbuilt debt system. Secondly money represents value which is definitely is infinite. The big thing here that we need monetary reform which both the left and the right must address this as the first cause. Otherwise you are playing blame game forever and are truly lost.

This post was edited by addone on Jun 12 2021 12:30am

I agree, but we also need to reign in corporate power.