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by harimau777 6 days ago
The billionaires themselves cause massive harm on society due to the extreme power that wealth inequality gives them. So getting rid of billionaires, even if their money wasn't actually used for anything useful, would still be a win for society.
1 comments

So if Jeff Bezos (and every other billionaire) was worth $999,999,999, then the world is much better off?

You’re going to have to explain the logic of that to me.

Do you disagree that (many, perhaps not all) billionaires also create a massive amount of value for society? Would Jeff Bezos be a billionaire if Amazon was a net drain on society?

Jeff Bezos being incredibly rich doesn’t make my life worse. In fact, Amazon makes my life better. I’ve had jobs that existed because Amazon existed. I’ve had things I wanted to buy delivered very quickly. I read my Kindle for hundreds of hours a year.