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by AssassinDuck 2098 days ago
I think its for good reason that “billionaire” and “landlord” are now bad words. It doesn't take a that much reading to see why the mere concept of a billionaire is horrible, for everyone. It is especially bad in context of wealth inequality and how many billionaire simply dont give back to the collective in any way and only horde mass amounts of wealth for themselves. It also requires only looking at the homeless statistic and the housing market to figure out that being a landlord is also pretty immoral, at least if you think that shelter and housing is a human right.
1 comments

Bilionaires get wealthy by producing value and capturing some of it. They wouldn't have gotten that money if someone didn't pay them for a product or service.

The only exceptions are those who made fortunes via government monopolies, which is yet another example of why the State needs to have its power checked. Unrestrained capitalism is not the problem, crony capitalism is, and crony capitalism is a function of Statism.