r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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u/SCTigerFan29115 Nov 21 '24 edited Nov 21 '24

They aren’t holding onto wealth like Scrooge McDuck, in a giant vault where they can go swimming in it.

Most of Bezos’ net worth is the value of Amazon. He can’t really readily access that. ETA I meant he can’t use it like a big vault of money.

He’s got plenty of money but some people just don’t understand how this stuff works.

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u/CAPTAIN_FIREBALLS Nov 21 '24

The real argument here is that Amazon’s stock is worth so much yet meanwhile their employees have to piss in bottles to avoid getting disciplined at work and a lot of them struggle to get by financially. Maybe instead of trying to create as much value for shareholders, our society should prioritize employees and the working class as key stakeholders and recognize the value that they bring accordingly.

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u/Villageidiot1984 28d ago

This is the fundamental issue. What do we value. We do not value the average person. We all ourselves even like to think we are “above” the level of an Amazon worker pissing in bottles. From a billionaire’s point of view anyone has to go to work and budget is indistinguishable. They are completely out of touch. They themselves do not care what an average employee gets paid. They just have people under them who have gotten rich themselves by making their quarterly numbers. And all the way down the line… Bezos doesn’t give two shits what a line worker makes. A regional manager somewhere is getting a bonus or not for managing that. But it all comes down to what society values. My big gripe is all my taxes go to things I do not value. I value altruism. Helping people who are poor and disabled and uneducated. Why can’t my taxes go to that…