As far as I can tell, the source is dumb anarchists vs. Caleb Maupin c. 2021. I never heard it prior to that.
Specifically, it seems to originate in a video he made called "Socialist Billionaires? YES! (Let me explain...)" It was a fairly run-of-the-mill explanation, with a click-baity title, of why China has a market sector. Of course, rather than engage in any one of the many legitimate criticisms you could make of Caleb Maupin, the terminally online anarchist crowed focused on the title alone, and were spamming "the people's billionaires" all over the place for months afterward. It's the same mindset that finds "borger king" funny, and it probably won the guy more followers than he lost.
The phrase has been living on "left" social media ever since.
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As far as I can tell, the source is dumb anarchists vs. Caleb Maupin c. 2021. I never heard it prior to that.
Specifically, it seems to originate in a video he made called "Socialist Billionaires? YES! (Let me explain...)" It was a fairly run-of-the-mill explanation, with a click-baity title, of why China has a market sector. Of course, rather than engage in any one of the many legitimate criticisms you could make of Caleb Maupin, the terminally online anarchist crowed focused on the title alone, and were spamming "the people's billionaires" all over the place for months afterward. It's the same mindset that finds "borger king" funny, and it probably won the guy more followers than he lost.
The phrase has been living on "left" social media ever since.