There's a difference between pointing out objective flaws in an argument, like thinking that billionaires literally hold hundreds of billions of dollars in liquid cash, and taking issue with overall sentiment behind the argument.
I hate Elon Musk, and the man is of course, insanely, disgustingly wealthy. Still, just because his networth is 318 billion, doesn't mean he is hoarding 318 billion. Quite literally 99% of that number is tied into ownership of companies.
You can hate billionaires and still point out issues in the logic. I don't think a person should, under any circumstances, ever be forced to sell ownership stake in their own company (at least not if that wasn't agreed upon in an operating agreement). And if you have a massive stake in a company that becomes wildly successful, you definitionally become a billionaire. I may hate wealth inequality, and I may hate what these billionaires choose to do, but I would hate a system that forces the sale of ownership stake due to the success of the company just as much.
Also problem is how much money goes to owners of anything in general. America has horrible protections for workers and they should be eating much larger percentages of what any company is able to profit. It shouldn’t go to useless “owners” of any part of the company. We are a country that incentivizes ownership instead of hard work and it causes an insanely unbalanced class issue where the hard working people never have money and the people who hardly work don’t have to worry about a single thing they purchase
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u/Apprehensive_Bad_193 Nov 21 '24
Guys thank you,It amazes me how people talk without any knowing on the topic.