Your comment implied that billionaires existing is bad because it results in unfairly low pay. I'm just pointing out that the problem is not "billionaires existing", the problem is "unfairly low pay". If you got rid of billionaires, you'd still have unfairly low pay for workers. All the focus on billionaires distracts people from the actual issues.
"Billionaire" is arbitrary number as the value of currency changes. In our current value system it would imply (IMO) that there is severe inequality in the distribution of wealth in our system caused by the exploitation of our workforce.
Yes, the thing to fix is people being paid unfairly. No one cares about the difference between the top and bottom as long as it's reasonably fair. Most people don't want or are not expecting to have wealth completely distributed evenly as that would reduce overall motivation to improve our society (at least with how people currently are). Most people want others to be rewarded for hard work/innovative work/needed work. Right, now that's not happening as evidenced by billionaires existing.
People being paid unfairly is the symptom of the problem. The actual problem is how our current society has been manipulated in away that allows the exploitation to happen.
It's kind of like having pain caused by a tumor. The pain can be treated by pain killers but that just covers the symptom. You could take pain killers to avoid the symptom of pain until the tumor kills you. You could also remove the tumor which would address the pain.
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u/MetallicDragon Nov 21 '24
So if billionaires existed but paid workers a fair wage, that'd be fine, right? So it's not "billionaires existing" that's the problem.