this post was submitted on 09 Dec 2024
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This guy really proves that there are no good billionaires thing. Being good stopped him from staying a billionaire. Anyone who hoards wealth while others suffer from impoverishment and starvation is evil.
There are different ways to accumulate wealth.
In an example from my country, Sir Peter Beck, is only a billionaire because the stock value of RocketLab has rocketed up (pun intended). His total compensation for the 2023 year was just under $1M. Source
I would rather that he concentrate his efforts to making the best rocket possible; he could in theory split his time and work to reduce poverty...but I believe that the rocket building would suffer.
There are a lot of other people working to reduce poverty.
I agree with your point that in general, most billionaires are shitty people who could do a lot more. But some people are billionaires because they are doing cool shit.
Will Sir Peter become a cunt in the future, who knows. In 10 years will we look back and see the decline to Musk levels of cuntishness?
Listen all I'm saying is if this Peter beck or anyone else holds on to a whole billion dollars for themselves then they lack empathy for the rest of humanity and are therefore evil. If he accidentally made a billion that's fine but donate it.
It doesn't sound like he can do that without giving up his ownership stake in his company. Or is that what you are suggesting?
Oh I see what you're saying. Yes his company should be collectivized whether that's by making it into a co-op or through state ownership doesn't really matter. But the people that work for him should have an equal stake in the ownership of their workplace and a say in what goes on there.