@jeffowski Good post, not related to billionairs, but otherwise a good post I wish more people understood.
@freemo — the existence and allowance of billionaires fall hand in hand with homelessness and hunger.
@jeffowski Incorrect, though it is a common perspective and I understand that you believe thqt to be the case.
That isnt to say that billionairs do no wrong, they do, right along with people at any income level.
@freemo — it is a much greater moral failing of a billionaire not using that power to feed and house people than a worker going paycheck to paycheck not volunteering.
Voltaire: "Everyone is guilty of all the good they did not do."
On average richer people donate a much larger percentage of their ownings to help the poor that middle-class well off people, but a pretty big margin.
So yes, and they **do** donate more, statistically speaking. The problem is not wholly theirs to bear however.
Also not true.. i am sensing some pretty fundemental misunderstanding of how wealth works. It sounds like you probably beleive the common fallacy that wealth is a zero sum game. That someone can only have wealth by taking it from someone else.
You say you understand it, then your explanation proves you dont. Since you dont seem willing to learn ill just leave it there. Thanks for the conversation, best of luck to you.
@freemo @jeffowski Nope. I understand wealth perfectly well. Wealth is capital, that is productive property to some people are denied access, private property. Capital earns money through the forcible appropriation of other people's labor. Which is why property is theft, as is wealth.