Should Billionaires Exist?

Th3G3ntleman

Superstar
Joined
Apr 30, 2012
Messages
14,992
Reputation
-2,701
Daps
54,990
Reppin
NULL
I think the argument boils down to the amount of wealth it takes to hit a billi means someone somewhere is getting screwed over and the moralist point of view is that if someone is getting screwed over that said thing shouldn't exist.

I think the underlying idea is that if Companies owned by Billionaires are paying their fare share in taxes, paying workers a good wage, and adhering to environmental/social concerns in the right manner that they themselves would be forced to take lower salaries in order to keep that money in the business as profits would be down considerably. Sort of fulfilling a self-check in terms of there being no billionaires. What's happening now is workers are treated like shyt, the amount of tax money getting kept away from the government as these business/ people use every loophole is ridiculous, the environment is gonna boom, and society will collapse in a decade or two so ultimately one way or another someone is getting screwed over.
 

rapbeats

Superstar
Joined
Jun 8, 2012
Messages
9,362
Reputation
1,890
Daps
12,850
Reppin
NULL
fukk this nikka. Only someone who has not achieved any amount of self-made success would argue against a billionaire :camby:
you're couldnt be talking about the guest he aint no billionaire. but i think we can say he's successful in his field. and the words self made doesn't really happen the way most people think of it. which is something they talk about in this video which i bet you didn't watch yet.
 
Last edited:

MMS

Intensity Integrity Intelligence
Staff member
Joined
Apr 30, 2012
Messages
27,293
Reputation
4,075
Daps
32,536
Reppin
Auburn, AL
the idea that you make billions screwing people over is ludicrous

it takes so much effort and energy from many parties to make millions and billions happen. People at the bottom just cant be bothered to consider what it takes to do it
 

dora_da_destroyer

Master Baker
Joined
May 1, 2012
Messages
66,200
Reputation
17,024
Daps
272,889
Reppin
Oakland
ehh, corporate billionaires getting most their billions from stock compensation, if you create a company that goes on to be worth 10's-100's of billions of dollars, why shouldn't you be a billionaire? it aint about big dog salary vs little guy salaries. finance billionaires are paid bonuses on the growth of their portfolios or ROI from investments, also makes sense. real estate magnates, the same. then you have inherited wealth that had time to grow. all of these make sense that billionaires would come from it. now if you want billionaires gone, then you need to disrupt the path that creates them, not get rid of them or say "you can't have more than $xxxM in wealth."

i actually think we need to stop fixating on bill/millionaires, other than them paying more taxes, we need to come down harder on business entities and get middle income salaries to where they need to be, stop the debt snowball working class/middle class people get into as they try to move up, etc
 
Top