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by kortilla 1322 days ago
That wealth is not “immeasurable”. It’s just hard for someone to understand when their point of comparison is personal finances.

It directly impacts his ability to start new companies, new charities, etc. This is on the scale of wiping out the abilities to create fabs, do infrastructure projects, etc.

1 comments

Sounds like a good thing. Last thing we need is billionaires owning more things.
It has nothing to do with ownership being good or bad. It’s having people with vision and acumen for financially sustainable businesses setting up these projects for success.

Look at how much the Gates foundation has done for Malaria. What government institution has been able to compete on that level with or without sucking down involuntary tax dollars to support it?

Capitalism is just as often not the meritocracy you think it is, but just capital buying up production...

Not sure what you're getting at with the Gates foundation. Throw enough money and good people at a problem and chances are they'll eventually arrive at a solution. National Parks, Manhattan Project, Apollo, Interstates, dams, the B52 or F22, darpanet, etc. Republicans starving the beast is what kills government. It works fine in many other countries or even ours in past decades.