Friendly reminder that if I paid you $1'000 *every day*, it would take you 2.74 years to become a millionaire. It would take you 2739 *years* to become a billionaire.

Meaning, if someone had started to give you $1000 in 715 BC (680 years before the Roman Empire even started), you would *now* have 1 billion dollars.

For comparison, Elon Musk's net worth is 251.3 billion dollars. Bezos' net worth is 168.4 billion dollars.

There are no good billionaires. They're all criminals and oppressors.

@stjepanlukac
But what would you like them to do then?

@nk @stjepanlukac

Is the human race that pathetic that it allows these vile parasites on our children's lives?

Oh yeah, sure they are.

And they worship them as idols for it too.

@LewisHarrington @nk @stjepanlukac here's a 2500 years old social technology to deal with exactly this problem: https://en.wikipedia.org/wiki/Ostracism
Ostracism - Wikipedia

@daaain @nk @stjepanlukac That's brilliant. Thanks, those Greeks eh?!
@LewisHarrington
So, you propose stop using Tesla, Falcon, Starlink, Amazon, correct?
@nk Honestly I'm not in a mind to think about this rn.
I am very much for scientific progress. Telsa, for example, is an employer of engineers and that's something we very much need.
I just know a handful of men own the world.
It's obscene.
The Norman Yoke: Britain’s landless serfs, owned by foreign mercenary landlords

By Thom Forester – 1st February 2018 ​When the late Gerald Grosvenor, Duke of Westminster -often credited with being ‘Britain’s riches man’- was asked what advice he ha…

The Land Is Ours

@nk

Get a job, for starters

No billionaire "works" for any of that wealth

It's all created by office buildings full of Quants and Financial Managers and other parasites who know how to do nothing but use wealth to fabricate more wealth

Those parasites don't "work" either

Not at anything that you'd recognize as real work

cc @stjepanlukac

@FinchHaven
So, you say that Musk and Bezos do not have a job, correct?

@nk

Absolutely

Neither #Musk nor #Bezos do any actual *work* -- either physical or intellectual -- in any given day

Do you actual claim they do?

Exactly and with specificity what do Musk or Bezos perform as work (as any normal human being would understand it) on any given day?

I mean, seriously?

And do note: having some bullshit "Job Title" is not work

It's (maybe) showing up at the office late mornings, taking a long lunch, and leaving the office by mid-afternoon

@FinchHaven @nk It's probably called management

And they both seem to be good in it.

@jachym

"management"

Also see: "telling other people what to do, so those other people end up doing the actual work"

Yeah

For sure

Musk and Bezos are parasites

They do no actual work -- even "management"

They have office-floors of people beneath them who do the "management" -- which is *not* "work" in any reasonable sense either

cc @nk

@FinchHaven @nk I did and I am doing all in my life: physical work and intellectual if you want. Management is just another work which is needed in any organisation with more people. If you think, it is about to order others what to do, you are completely wrong.

Some people will claim, as long as you are not working manually, it's not work. Apparently, they got it wrong too.

@jachym

OK you've managed to skate right on by the fact that this started talking about Elon Musk and Jeff Bezos

Musk and Bezos are apex predatory capitalists

Period

Full stop

They extract obscene wealth *only* because they have office buildings full of Quants and Financial Managers beneath them who do nothing but extract more wealth from that wealth which is already held

That's the topic here

It has nothing to what *you've* been doing all your life

You're just as much of a host to these parasites as I am

Sorry

@nk

@stjepanlukac I mean, do you understand exactly how compound interest works?
Being rich is a birthright. Especially in countries like the United States. The right to pursue a dream. You look at his finances more than he does. You think the whole point is that he's a billionaire, but money is just a tool to make ideas happen.
However, it should be noted that both you and I are entitled to personal opinions. And also, I am quite skeptical particularly to the figure of Elon Musk.

@kedem

No billionaire "works" for any of that wealth

It's all created by office buildings full of Quants and Financial Managers and other parasites who know how to do nothing but use wealth to fabricate more wealth

Those parasites don't "work" either

Not at anything that you'd recognize as real work

cc @stjepanlukac

@stjepanlukac Any person who has billions and millions in their bank accounts while people are homeless and live in dire poverty and continue to use their wealth to rig it to have more is not a good person.

@stjepanlukac

Every billionaire represents a global policy failure

Period

Full stop

@FinchHaven @stjepanlukac billionaire individuals and charitable organisations are the polar extremes of the same systemic policy failure. Neither should exist, and when they do, they should be extinguished at a rate proportional to their size.

Charities serve as a morality sink for billionaires, governments, and corporations to abdicate their social responsibilities into.

@stjepanlukac In my 50+ years in business and engineering, the most successful business people were those that cheated and took advantage of workers and suppliers. The days of business morality are long gone.
@stjepanlukac A lightbulb for me was this conversation from a Korean drama (Secret Garden) to describe one difference between rich and poor in a small way. Conversation was between a poor character and a rich character. Rich one asked poor one how much money they had in their bank account. Poor one was able to immediately say without looking it up. Poor asked rich one the same and they couldn't say because it changed constantly. Anything they spent was immediately replaced and replenished.
@stjepanlukac @breadandcircuses I usually go for the $1,000,000 per day for almost 3 years… can you imagine spending that? Ever? That's how greedy you have to be to become a billionaire… how screwed up capitalism is.

@stjepanlukac How can one ascertain that there are no ‘good’ billionaires when one has not met them all?

What is ‘good?’ Are people automatically ‘not good’ simply because they may not directly act in our own interest?

What if their self-interest indirectly benefits others who are not us?

Are there ways billionaires contribute to our lives which we may take for granted?

@stjepanlukac Friendly reminder: if I wrote you a $1,000,000 IOU every day, you would be worth a billion dollars in just a few years.
@stjepanlukac I'm sure they just work THAT MUCH harder than everyone else! /sarcasm
@stjepanlukac update one year later: Musk's fortune is now estimated at 412 billion dollars https://www.forbes.com/real-time-billionaires/#6d02a35b3d78