Optional to Political [email protected] • 7 months agoOh how will they survivelemmy.worldmessage-square75fedilinkarrow-up1742
arrow-up1742imageOh how will they survivelemmy.worldOptional to Political [email protected] • 7 months agomessage-square75fedilink
minus-square@[email protected]linkfedilink1•7 months agoThey also create large amounts of value. You would get the same tax breaks if you provide the same value for society. You can hate capitalism all you want, but something you can’t argue against is that it motivates people to provide value
minus-square@[email protected]linkfedilink5•7 months agoYeah Covid showed us how all these billionaires create real value instead of the rank and file. Oh wait, the economy came to a crawl and governments were printing money to keep it moving. Most of the billionaire today inherited their fortune, and a lot of billionaire before them started on third base. They provide no value, and if they disappeared tomorrow, we would fine.
minus-square@[email protected]linkfedilink1•7 months ago“They provide no value, and if they disappeared tomorrow, we would fine.” We would be fine, but only because someone else would quickly take their place.
minus-square@[email protected]linkfedilink3•7 months agohttps://www.theatlantic.com/ideas/archive/2024/04/vet-private-equity-industry/678180/ https://libertystreeteconomics.newyorkfed.org/2022/07/do-corporate-profits-increase-when-inflation-increases/ STFU
They also create large amounts of value. You would get the same tax breaks if you provide the same value for society. You can hate capitalism all you want, but something you can’t argue against is that it motivates people to provide value
Yeah Covid showed us how all these billionaires create real value instead of the rank and file.
Oh wait, the economy came to a crawl and governments were printing money to keep it moving.
Most of the billionaire today inherited their fortune, and a lot of billionaire before them started on third base.
They provide no value, and if they disappeared tomorrow, we would fine.
“They provide no value, and if they disappeared tomorrow, we would fine.”
We would be fine, but only because someone else would quickly take their place.
https://www.theatlantic.com/ideas/archive/2024/04/vet-private-equity-industry/678180/
https://libertystreeteconomics.newyorkfed.org/2022/07/do-corporate-profits-increase-when-inflation-increases/
STFU
Removed by mod
Lol