Zone1 Do billionaires make our lives better?

They can do bad or do good just like everyone. They may be able to make a bigger impact with their good or bad but there is no way to make a vast generalization.
The problem with billionaires is when their numbers keep growing year over year, that is more about their ways to concentrate vast sums of wealth becoming less difficult, when in reality, it portrays as power, as well as wealth, becoming increasingly concentrated in the hands of the few.
 
The problem with billionaires is when their numbers keep growing year over year, that is more about their ways to concentrate vast sums of wealth becoming less difficult, when in reality, it portrays as power, as well as wealth, becoming increasingly concentrated in the hands of the few.
The democrat government mandated lockdowns transferred more wealth from the middle class and poor, the billionaires, than any other action in history.
 
The lockdowns were the result of following the recommendations of Trump's CDC.

You should blame him, but you worship him so you will not
The CDC is a tool of the political class. Your desperation in trying to blame Trump is amusing. The fact is the DEMOCRAT LED STATES had the worst outcomes for ALL of their citizens, except the rich, of course.

Even after the real science came out showing that the virus wasn't as dangerous as claimed, and the vaccine was worthless, the DEMOCRAT LED governments STILL required them, and still enforced the lockdowns.

DURRRRRRRRRRRRRRRRRRRR


California's COVID-19 emergency ends 3 years since stay-at-home orders were first issued​

 
They could do a lot more. I believe society should require individuals to open a non-profit organization and use all net income over 10 million dollars for philanthropic projects. People with too much money undermine our democracy.

Now billionaires are talking about giving the public a so-called "Universal Basic Income", which is essentially another government bailout for capitalism. Automation and AI is going to replace most jobs and as a result, the billionaires want Uncle Sam to create artificial paying consumers, a customer base that doesn't earn a wage but rather gets a government check and then spends that money purchasing products and services from the wealthy elites. UBI or "Universal Basic Income" is nothing more than capitalism on life-support.














The inevitable outcome of high-tech, fully automated, AI-driven production is a non-profit-based economic system that no longer relies on wage labor, employers, or markets. Production becomes democratized and owned and operated by the community. Everyone in the future will have a higher standard of living than billionaires do today. Technology raises everyone's access to resources, freeing people from scarcity and drudgery.
 
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Well don't feel better my self, now that more and more walk in stores & small business are closing on line kills people interacting with each other, save a dollar lose your neighborhood.
Walk in stores and small businesses are closing because they cannot survive out of control crime. There are businesses that have been robbed several times a week. Businesses that have had customers and staff beaten. Some small stores have been looted to bare shelves. That's the reality.
 
They could do a lot more. I believe society should require individuals to open a non-profit organization and use all net income over 10 million dollars for philanthropic projects. People with too much money undermine our democracy.

Now billionaires are talking about giving the public a so-called "Universal Basic Income", which is essentially another government bailout for capitalism. Automation and AI is going to replace most jobs and as a result, the billionaires want Uncle Sam to create artificial paying consumers, a customer base that doesn't earn a wage but rather gets a government check and then spends that money purchasing products and services from the wealthy elites. UBI or "Universal Basic Income" is nothing more than capitalism on life-support.














The inevitable outcome of high-tech, fully automated, AI-driven production is a non-profit-based economic system that no longer relies on wage labor, employers, or markets. Production becomes democratized and owned and operated by the community. Everyone in the future will have a higher standard of living than billionaires do today. Technology raises everyone's access to resources, freeing people from scarcity and drudgery.

They could pay their taxes ?
 
Billionaires can take the risks to push technology and harvest ingenuity.

Yes, your life is better because of billionaires, that’s like asking if humans need water.

So odd that there would such radical leftist ideologues that would refuse to acknowledge this because they need to demonize wealth (not all wealth.. leftist billionaires and democrats are awesome!)
 
The problem with billionaires is when their numbers keep growing year over year, that is more about their ways to concentrate vast sums of wealth becoming less difficult, when in reality, it portrays as power, as well as wealth, becoming increasingly concentrated in the hands of the few.
There isn’t a finite amount of wealth. A billionaire existing doesn’t keep you from creating wealth of your own.
 
I think this topic is a little too complex for you to understand.
Why don’t you explain why you’re crying about other people success? Maybe if you spent more time being successful you wouldn’t have this problem.
 
Why don’t you explain why you’re crying about other people success? Maybe if you spent more time being successful you wouldn’t have this problem.
What more "success" does someone need than having more than enough money to meet my needs?

By that token, I'm "successful", but you carrying water for billionaires has been duly noted. Maybe you should at least given a seconds thought to the actual issue, rather than your typical Pavlovian reaction.
 

Unlike their forebears, contemporary billionaires do not hope to build the biggest house in town, but the biggest colony on the moon. In contrast, however avaricious, the titans of past gilded eras still saw themselves as human members of civil society. Contemporary billionaires appear to understand civics and civilians as impediments to their progress, necessary victims of the externalities of their companies’ growth, sad artefacts of the civilisation they will leave behind in their inexorable colonisation of the next dimension. Unlike their forebears, they do not hope to build the biggest house in town, but the biggest underground lair in New Zealand, colony on the moon or Mars or virtual reality server in the cloud.

Mr Carnegie actually built Wrexham Library. He also built Coedpoeth Library a couple of mile down the road. He may have been an absolute shit of a man but he was recognisably a member of the human race.

Todays megarich seem to spend their money on insulating themselves from the world rather than helping o improve it.

While Bezos flies to the moon. or tries to, his staff are striking for a living wage so that they can feed themselves and keep a roof over their head. His business model is based on killing the opposition by using debt to undercut his rivals.And taxpayers pay for him to do so by giving him tax breaks and grants to open his sweatshops in our towns.

In fact all of these people have benefitted from lax taxation regimes and feeble legislation.Society pays a lot more than just a financial cost. Wages are depressed as Apple makes its phones in countries where the people assembling the products could never afford one.Its exploitation.

There will never be a British or American phone maker because Apple have priced them out of the market.Exploiting overseas workers in order to bypass the workers in their core markets. Jobs never presented that at his cult meetings.

That is globalism.

Starbucks in the UK is structured to avoid UK taxation.The whole enterprise is a tax dodge. And yet you cannot avoid a starbucks in the UK.They close down smaller traders not with a better product. They do it with the financial might that they have. A power not available to smaller local competitors.

And on top of that they do not contribute to the country they trade in. They trade off our roads and utilities.police protection, education and a host of other benefits.

This is why our governments are always short of money and our infrastructure is crumbling.
We should stop subsidising these bandits and start taxing them properly. They are sucking the life out of society.

It wasnt always like this. My taid worked for over 30 yeasr for an American company Monsanto.They might have a dubious environmental record but they were a bloody good employer.

They paid their staff well and paid a generous pension. The modern billionaire class go on joy rides into space.

Some do some dont.

Left wing billionaires are totalitarian in general and are damgerous to freedom.
 

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