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.
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.
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.