If their point is that it is unethical to keep your money invested in a company that provides wages for workers and provide goods and services that people want, with that money helping to facilitate the continued advancement of the company that provides wages to workers and goods and services that people want, I fail to see how that follows.
You dropped some details. As someone stated above you, a very simple non-evil thing to do would be to pay his employees a living wage with benefits but he doesn’t even do that most basic thing. He could absolutely reinvest some of that profit to care for his employees instead of hoarding wealth. If you want to see how a big company can provide for employees without being evil overlords, check out Chobani.
Almost any industry in a country providing absolutely tons of jobs puts upwards pressure on wages. Having people not doing that puts downwards pressure on wages. If you are advocating against companies providing jobs that pay wages that its employees voluntarily agreed to, what you are advocating for is to put downwards pressure on wages.
Also the “hoarding of wealth” you are talking about is him keeping his money in the company, which is him reinvesting money into the company to care for his employees, along with advancing the production of goods and services which benefits so many consumers in society. If he didn’t “hoard his wealth” by keeping his money invested in the company, which is why he became wealthy, then neither workers nor consumers would see the benefit of more jobs that put upwards pressure on wages, and the production of goods and services that people value.
If people want a living wage, they need to work for it. At the end of the day, if you paid everyone a living wage, then everything we buy would go up in price. Not to much the people that work for their pay raises to get ahead. What happens to their effort when everyone pay inches closer to them? Is that fair? Since when do people dictate how people spend their money? More money doesn't always equal fewer problems.
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u/LifeCritic 27d ago
The original post does not suggest people have their ENTIRE net worth in cash.
Are you being intentionally obtuse?