@jeffowski Good post, not related to billionairs, but otherwise a good post I wish more people understood.

@freemo β€” 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 β€” 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."

@jeffowski

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.

@freemo @jeffowski Everything they have is stolen. What difference does it make if they give some of it back to their victims?

Follow

@AdrianRiskin

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.

@jeffowski

Β· Β· 1 Β· 0 Β· 0

@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.

@AdrianRiskin

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.

@jeffowski

Sign in to participate in the conversation
Qoto Mastodon

QOTO: Question Others to Teach Ourselves
An inclusive, Academic Freedom, instance
All cultures welcome.
Hate speech and harassment strictly forbidden.