Are Billionaires Bad For The World?

[DOS_patos]

There's no real way to accumulate that amount of money without some form of explotation. With that said I don't think all billionaires are bad people but i do think that there's far too many loopholes used to keep them from paying their fair share in terms of taxes. I also hate that their money allows their personal whims to at times become actual policy and laws. The inherent connection between wealth and how a society is governed will always be a problem. That's why people hate billionaires

Exploiting?

We are all exploited and we freely partake. Sometimes willing to kill over said exploitation.
Can we blame good marketing or weak minds?
We are not forced to indulge in things but we choose to did it.
And just to be clear….we all take advantage of what someone is exploiting someone else for.
The American consumer really has no place to talk in these matters frfr.

 

[DOS_patos]

Everyone games the system

Exactly.

I just don’t like when people choose to only see what others have as a problem but not their part in the problem.

 

[mike030270]

Exploiting?

We are all exploited and we freely partake. Sometimes willing to kill over said exploitation.
Can we blame good marketing or weak minds?
We are not forced to indulge in things but we choose to did it.
And just to be clear….we all take advantage of what someone is exploiting someone else for.
The American consumer really has no place to talk in these matters frfr.

I'd correct that to global consumer

 

[DOS_patos]

So we should only make enough to live our life? Not more than that?
What about our kids?

 

[DOS_patos]

I'd correct that to global consumer

Nah,
The US drives the world economy more than most.

We always want more than we need.
Why niggas need a 75” tv?
If my squatter is running nice, why I need a Benz?
Why I need Jordan’s for style when Jordan ain’t known for his fashion sense?

Yea I’m guilty.
But aren’t we all

 

[WilberDMillz]

Remember when covid happened and people were getting arrested for hoarding essential supplies and preventing other people from getting things they need? The justification for prosecuting them was they had more toilet paper and masks etc then they would ever be able to even use and even though they acquired those things legally it still harms the collective society because its robbing them from access to essential items.

I view money the same exact way. People are literally dying from a lack of money, and its not like there isn't enough for everybody...theres just not enough for everybody and billionaires. So if we are limiting a couple thousand people from being billionaires so that the rest of the world can have more then Im all for that.

That did not happen. The people that got arrested were for importing bootleg mask and shit. Fake ass N95s.

 

[mike030270]

Nah,
The US drives the world economy more than most.

We always want more than we need.
Why niggas need a 75” tv?
If my squatter is running nice, why I need a Benz?
Why I need Jordan’s for style when Jordan ain’t known for his fashion sense?

Yea I’m guilty.
But aren’t we all

That's still a global thought process. If someone wants to buy something extra and luxurious then that's their prerogative

 

[Shenco]

So we should only make enough to live our life? Not more than that?
What about our kids?

Your kids don’t need super yachts or PJs. I’m kinda in the middle though because I think people should get paid for their ideas or whatever, but there should also be a cap.

 

[Shenco]

I’ve always run this idea with my coworker who hates billionaires. What if every time someone’s net worth, or assets, or whatever hits a billion it automatically gets cut in half and that money goes to charity or reparations

 

[The Lonious Monk]

But what's the difference between a billionaire and a millionaire?

There's stories of people from the business world to music to Hollywood to sports. Who had people said they did them wrong at one point in some form or fashion.

True. I'm not saying only billionaires are bad. Like someone else said, it's not really that billionaires are bad. It's more that the things it takes to become a billionaire are bad. Those things apply to a lot of millionaires too, but there is a difference between a person with a couple mil and a person with 700 mil. I'm pretty close to being a millionaire, and I haven't done shit but get the education that some of these silly niggas say is worthless.

I wasn't talking about physical money but if you create something to sell and people like it but someone does it better whether it's another business or smaller store then that's just life. I support local businesses but if I find a better deal somewhere else than I'll take my money elsewhere

It wasn't an argument. I was literally asking you because of what you posted. I was looking for more specific examples that impacted you alone instead of everyone

I used to live in DMV as well and there's a lot of other alternatives to Walmart. Companies do that all of the time and if the deal falls through or the company walks away then the location should look to bring in a different company

So you're talking about companies that succeed and somehow prevent others from succeeding that would create competition for themselves?

That's already happening. There was a place in Florida that's powered by solar panels that was hit by the hurricane

Yeah, I'm not talking saying I was personally hurt by billionaires. I was blessed enough that I pretty easily skated to a point in life where I'm immune to a lot of the BS out there, though I'm feeling it more these days. I'm talking about the impact the greed of the super rich has on the country in general. There's a lot of messed up shit in this country that probably wouldn't exist if not for the shenanigans pulled by the super rich.

 

[L3NU]

I recall people hoarding and trying to upsell and getting threatened by the DA but don't recall anyone actually getting arrested, charged, and convicted of hoarding. I searched for it and couldn't find anything

I guess I remembered incorrectly but the idea is still the same, they were being threatened because what they were doing was inherently wrong. Hoarding an essential supply which prevents the masses from access to it for the sole purpose of making a profit. If we lived in a better world were everyone had their basic needs met (food shelter etc.) then I don't care how much money someone has. But I don't think its morally right for someone to have so much when so many have so little. A billion dollars is an astronomical amount of money let alone multi billions.

 

[mike030270]

I guess I remembered incorrectly but the idea is still the same, they were being threatened because what they were doing was inherently wrong. Hoarding an essential supply which prevents the masses from access to it for the sole purpose of making a profit. If we lived in a better world were everyone had their basic needs met (food shelter etc.) then I don't care how much money someone has. But I don't think its morally right for someone to have so much when so many have so little. A billion dollars is an astronomical amount of money let alone multi billions.

They were being threatened because it was happening in a pandemic. You can buy a ton of items and try to upsell them as you wish. Just look at those assholes that did it with the PS5

So what would you do if you won one of those 9 figure lottery tickets or even a billion dollar one? (this is assuming you actually buy tickets when it gets big)

 

[L3NU]

They were being threatened because it was happening in a pandemic. You can buy a ton of items and try to upsell them as you wish. Just look at those assholes that did it with the PS5

So what would you do if you won one of those 9 figure lottery tickets or even a billion dollar one? (this is assuming you actually buy tickets when it gets big)

I've given this some thought actually and in theory I would keep 5-10% and try to donate or contribute the other 90% away to whatever causes I think would benefit my family first and then the rest of society. I know its easier said than done to do that and possibly greed would get the best of me but I have no desire at all to own that kind of money I would just keep enough to make sure me and my family has financial freedom

 

[DOS_patos]

That's still a global thought process. If someone wants to buy something extra and luxurious then that's their prerogative

Right but can we not act like America does set the trend?

Shit as far as cars go in the autobahn them Germans still want a loud ass mustang

 

[DOS_patos]

I’ve always run this idea with my coworker who hates billionaires. What if every time someone’s net worth, or assets, or whatever hits a billion it automatically gets cut in half and that money goes to charity or reparations

So black people should fund reparations?

 

[DOS_patos]

Your kids don’t need super yachts or PJs. I’m kinda in the middle though because I think people should get paid for their ideas or whatever, but there should also be a cap.

So you want to kill creativity and motivation?

 

[DOS_patos]

abw: I hate billionaires. But I want to order this coat from Amazon and get it tomorrow.

Lol

 

[DOS_patos]

So y’all would really pay triple for everything you bought so those under you that’s getting exploited can have a better life?

Boycott Black Friday?

 

[DOS_patos]

Niggas is slaves to exploitation and they know it.
Got Nike supporting kap but drop kyrie and donate to republicans.

Lol

 

[ImaInfluenza]

There’s a big difference between having a billion dollars and being worth a billion dollars. Ion got shit, but if I google my own net worth it’ll tell me I’m worth a few hundred grand. I definitely don’t have access to that, I definitely can’t leverage that in any real meaningful way.

About the only thing that I can go, is get with others in my county that are of the same networth. About 100 of us are enough of a get a street light put out or a stop sign or slow sign put up.

When you see guys wanna buy a sports team and put together a investment group, those people are just rich. Daniel Snyder is a billionaire. Magic Johnson is really rich. The people that have an ability to shape our society are far beyond billionares. They could put 10 mill on your head and not even blink.

They could put 20 mill on your head and have someone drop you at mid court at Madison square garden during game 7 of the championships. They can kill episten type shit. The ones we know about, ain’t the ones to be worried about. They still care what we think of them.