Immaterial analysis of the economy really be a type of way.
This feels like a massive disconnect between what seems real and reasonable when you're talking about sums of money that miiiiiiight make it to $1MM, but is so divorced from what if means to be a BILLIONAIRE. You don't get there by working, making good decisions, and pursuing a vision - you get there by taking advantage of labor and markets (and more often than not some kind of underhanded bullshit and/or slave labor). There is one nail he hit right on the head. Billions of dollars of wealth is an abstraction. They can't just take it all out as liquid, sure. But having that much money means that we have all agreed that the person has unlimited purchasing power. Their entire extended family could consume with all their might for 3 generations and not make a dent. We've decided that the system should just work that way - his ownership is worth more than the public good or, more recently, the environment.
https://mkorostoff.github.io/1-pixel-wealth/
and also the Communist Manifesto. I butchered it, but this was one of the major points
Immaterial analysis of the economy really be a type of way.
This feels like a massive disconnect between what seems real and reasonable when you're talking about sums of money that miiiiiiight make it to $1MM, but is so divorced from what if means to be a BILLIONAIRE. You don't get there by working, making good decisions, and pursuing a vision - you get there by taking advantage of labor and markets (and more often than not some kind of underhanded bullshit and/or slave labor). There is one nail he hit right on the head. Billions of dollars of wealth is an abstraction. They can't just take it all out as liquid, sure. But having that much money means that we have all agreed that the person has unlimited purchasing power. Their entire extended family could consume with all their might for 3 generations and not make a dent. We've decided that the system should just work that way - his ownership is worth more than the public good or, more recently, the environment.
https://mkorostoff.github.io/1-pixel-wealth/
and also the Communist Manifesto. I butchered it, but this was one of the major points