I bet I hunt, fish, make more cloths than anyone here as I type this from my table covered in fur scraps and I believe the rise in CEO pay as a ratio to average worker as well as longevity of CEOs within companies is a modern as in past 50-60 year issue that's caused significant issues and resulted in some of the wealthiest people on earth. Billionaires not all but if we're being all encompassing, really there's issues with extreme wealth.

Wealth inequality may be one thing but if you look at modern day function and how what modern day CEOs do in their record short terms at companies now, it's pretty disastrous I'd say. Stock price being the ultimate measuring stick resulting in buybacks that often make no sense rather than actual organic growth, over acquisition, over leveraged, absurd multiples, etc. We encourage this and pay hundreds of millions to the guy at the top conducting it and he can be the fall guy in 3 or 5 years with a golden parachute. Modern day leverage, make the product worse via slash and burn but continually increase the price, that's a modern day tact with the rise of these ultra rich.

Now industry creation in itself, obviously there's benifits and drawbacks that both have to be weighed out. Mass job creation but is it, good job creation or off the back of lobbying a ton of highly unfavourable labour laws that the set a precedent for every other after. You don't have to look far in America to see worker rights have completely declined and in some States borderline non existent off the back of lobbying efforts.

But overall America has always obsessed over its Billionaires, I'm confident that the American Dream is played on TV at every birthing room on loop like one of those Army recruitment commercials that are supposed to get you hyped.

This post was edited by SBD on Mar 16 2025 08:40am

I mean, America is probably the least impacted country by Billionaires, though. Look at China, Middle East, Europe.... Countries that are less developed, where in US we get Billionaies by companies and stock manipulation, those countries create billionaires by their natural resources, somethign which the poor would never be able to tap.

This post was edited by Ryvulet on Mar 16 2025 08:55am

As someone who finds it appalling to see people on the street struggling to feed themselves, I cannot imagine having an amount of money where I can help people, without financially burdening myself

The fact that billionaires have more wealth than they could conceivably spend, and society is still crumbling around them means they're only it it for themselves

Without a doubt other countries have it worse. Americas billionaires are clearly still lobbying gov't in efforts to exploit workers but not nearly to the extent of other countries or other countries that are just totally lawless like Dubai where you can just import Nepalise slave labour and keep them caged.

Welcome to history 101. This isn't anything new. Don't discredit a lot of millionaires and billionaires probably do help the world, but simply throwing money at issues isn't enough to resolve them, its a waste of resources overall. It is infrastructure and culture that creates wealth inequality.

Notice how the poorest of the poor generally have done drugs or crime in their lives.

I'm waiting to hear that it was the result of them being in bad situations.




I am a fan of banning stock trading from public officials who are in a congress/senate positions.



This post was edited by Ryvulet on Mar 16 2025 09:03am

Maybe you're ignorant to this fact, but if we took the 1k wealthiest ultra millionaire / billionaires we could easily end poverty, end malaria, end starvation, wipe delinquent medical debt, wipe student loan debt, provide clean water and toilet access, shelter and clothe every human being

and guess what? those 1k wealthiest people would still be ridiculously wealthy after the fact if they collectively worked towards those initiatives. don't let people like Elon fool you into thinking that wealth can't solve problems that primarily resonate around a lack of resources

the primary reason for homelessness is ... a lack of housing availability. why is there a lack of housing availability? particularly in the USA housing development stalled out many decades ago and then you have tons of people who own 6, 7, 8, 9, 10+ properties that don't need them

I can see that you're caping for billionaires in this thread. There is no effort or skill on this planet that justifies someone being valued literally millions to tens of millions times more than an average blue collar or white collar adult

Your delusional. The moment they start investing money to reallocting resources to rebuild the cities and suburds of teh world to do what you say, is the moment resoruces such as lumber, trades, and etc all skyrocket in price. Keep ur brain small brother.

Best way for the poor to stand up is to use all of their time effectively.

This post was edited by Ryvulet on Mar 16 2025 09:30am

Why would you want someone to be ignorant? Genuine question... you just sound like a spiteful and hateful little shit

I feel that we already talked what we just did in the last two posts in our primary posts and you simply lengthen your argument. Instead of just disagreeing with me, do you really think all the dying heart liberal billionaires of the world haven't already tried to impact society? Why not try to counteract my claim instead of simply diverting the goal posts?

I agree that thingss like Blackstone are an issue, but they are technically not doing anything illegal. They are buying up cheap real estate and upscaling it for gentrification. There is simply higher turn arounds for them to do that. Sure it converts a lot of housing away from people who can't afford that, but people who have families early, don't bind together and get themselves into debt buying new cars and clothes to keep up with social media.

The idiots do it to themselves. I don't make any much more than them myself and can afford my own hose on my own income.



Feel free to watch this and learn a bit yourself

This post was edited by Ryvulet on Mar 16 2025 09:40am

You're entangled in a lot of fallacies. You believe in meritocracy, it appears, but it's a fact that wealth disparity and limited class mobility remain widespread regardless of individual work ethic

Wealth disparity and limited class mobility are gaining even more traction because of how effective the promotion of these ideas are via media, politics, corporate culture, education, and the private elite circles

You believe that someone is an idiot if they don't pull themselves up by their bootstraps to be as successful as you, it's not that simple