Let’s realistically entertain your point: You say he should sell his assets to get money, so he can give it to the poor, basically (correct me if I’m wrong).
The yacht and other stuff, probably bought with a loan, insured by Steam’s value. His real assets is, like, Steam.
I don’t know if you already see where this is going, but from clarity: If people would buy parts of that - the parts are called “shares”, and the people who buy them “shareholders”. That is a public company. Which now has a LEGAL OBLIGATION to make as much money as possible. Meaning all that enshittification coming along with it eventually, too.
When you’re talking about hoarding wealth, the problem isn’t just different from hoarding money, it’s a deeper and more complicated problem.
Assets in the case of these assholes is ownership. If they just held onto cash, all they could do is buy shit, which isn’t really a problem.
What they own is vast amounts of the economy, land, and the labor of people.
They think they own the people as well as the labor and products of that labor. They do to a large extent.
When you start whittling down a tier list of which billionaires are worse than others, and there are layers of shittiness there; it’s about their impact and how they wield that wealth as power.
And what in all of this enables a billionaire to be a good person? Or did you miss my initial point that being a billionaire makes it impossible to be a good person? I ask because this is still immaterial to that point.
I’m not sure billionaires actually have billions of dollars just sitting in a bank account.
It’s usually assets that contribute to net worth, not actual cash
Whether that is true or not is immaterial to my point.
I’m not sure that’s true.
Let’s realistically entertain your point: You say he should sell his assets to get money, so he can give it to the poor, basically (correct me if I’m wrong).
The yacht and other stuff, probably bought with a loan, insured by Steam’s value. His real assets is, like, Steam.
I don’t know if you already see where this is going, but from clarity: If people would buy parts of that - the parts are called “shares”, and the people who buy them “shareholders”. That is a public company. Which now has a LEGAL OBLIGATION to make as much money as possible. Meaning all that enshittification coming along with it eventually, too.
You’ve effectively explained how billionaires justify not paying taxes. Now explain how they can be good people.
Not really though
When you’re talking about hoarding wealth, the problem isn’t just different from hoarding money, it’s a deeper and more complicated problem.
Assets in the case of these assholes is ownership. If they just held onto cash, all they could do is buy shit, which isn’t really a problem.
What they own is vast amounts of the economy, land, and the labor of people.
They think they own the people as well as the labor and products of that labor. They do to a large extent.
When you start whittling down a tier list of which billionaires are worse than others, and there are layers of shittiness there; it’s about their impact and how they wield that wealth as power.
And what in all of this enables a billionaire to be a good person? Or did you miss my initial point that being a billionaire makes it impossible to be a good person? I ask because this is still immaterial to that point.