Quote:
Originally Posted by GGG
The money for me to lives comes from my exchange to labour for money. The money to exchange comes from a consumer buying the product my labour produces.
If I quit the Billionaires profit from my labour needs to be replaced.
I can exist without the billionaire the billionaire can’t exist without the bottom of the pyramid. The billionaire is the accidental creation of unrestrained capitalism where individual motivation allocates capital and labour.
Capitalisms without regulation end result is 1 billionaire and one company as the optimal strategy is to own all means of production continue to merge and prevent competition from arising. The Billionaire is not required to motivate people to pursue efficiency and excellence.
If your issue is the state how about just a redistribution dividend that is paid to everyone?
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Because it’s called socialism, and it’s never worked. The money has to come from somewhere. Capitalism has its flaws: flawed people.
Look at it this way:
One guy heads up an organization to help feed the poor the world over. He sees the richest billionaire and says dude you have way too much excess. Take $2B (or was it $6B??) and give it to us so we can actually end world hunger.
Billionaire says yes. One condition. Have the way you will distribute the funds done through open source accounting.
Guy says hold your horses, let’s discuss this in private.
I thought world hunger was a serious issue and it could be solved with a measly $2B (or $6B)? You bring it out publicly and then want to discuss it privately?
Capitalism create the ability for one billionaire to donate his ‘over surplus’ of billions as the original post said should be the limit, to do this grand work. Yet t he other party didn’t want to keep it all in the general domain of open source accountability.
The state brings in billions. Why has the state not solved world hunger? Seeing as they are in incredible levels of debt, there is no surplus to fully eradicate world hunger. Who is the terrible steward? Both the state, and the guy who runs the organization that supposedly wants people to be able to eat and it go hungry. Capitalism was willing to end world hunger , yet the greedy socialists showed their true colors and didn’t care about the hungry. But I do agree capitalism has its flaws.
As for the billionaire comments in other responses. Put whoever in there that you want as opposed to a billionaire. Your employer pays your pay check. They inadvertently pay for your mortgage, living expenses, your free cash etc. Again, why would any lender want to know your employment status because they know that is what will determine if you can pay them back or not. Unless you work for the government or the like through a union job, it’s capitalism that’s will create your paycheck.