A conservative billionaire had some things to say

https://lemmy.world/post/18935774

A conservative billionaire had some things to say - Lemmy.World

God I hate the circle jerking of Mike Cuban. There is no “good one.” His PR team is working OT to paint this completely BS image. Fuck him.

Absolutely came here to say this. There are no ethical, innocent, or good billionaires. None. You cannot make that much money without disregarding or hurting people.

We need to stop blocking for and idolizing these fucks.

There are no ethical, innocent, or good billionaires. None.

Costco is a company that is famous both for how it treats its customers, and how it treats its employees. Its founder, who was its CEO until a few years ago, is a billionaire.

The creator of Minecraft sold the explosively-popular game he created to Microsoft, for $2 billion, making him a billionaire.

Your black and white thinking is as out of place as black and white TV is. The nuance-allergic are disgusting.

And you thinking that these entities are innocent just because they started out doing a thing is myopic. You seem to be the one unable to see nuance. Truly. Or you misunderstand its meaning, because Costco is definitely not innocent.

I live near the headquarters. They’re an awful employer and exploit their staff, prevent upward movement of talented folk. My close friend is a highly talented developer for them and has been passed up for raises and promotions multiple times for less talented people in the org. Furthermore, he felt his race played into these decisions.

I can’t understand for one moment why people block for or make excuses for billionaires. You’re never gonna get anything from it. Everyone on this side of the divide is on the same team in that match up.

news.bloomberglaw.com/…/judge-tosses-costco-wareh…

www.nytimes.com/2024/08/20/dining/costco.html

medium.com/…/costcos-crackdown-on-memberships-hur…

Judge Tosses Costco Warehouse Worker’s Hostile Environment Suit

Costco was victorious against a Black employee’s hostile work environment and race bias claims after he failed to show the harassment he complained of was racially motivated and failed to show Costco should be liable for the behavior of a man that didn’t work for the company, a federal judge said.

You seem to be the one unable to see nuance.

Yeah, I’m not the one who declared that every single person who has more than X wealth is evil, lmao.

Anyone can cherry-pick a few incidents here and there, any business large enough will have them, but aggregate data is more honest:

Its employee turnover rate of 8% is less than one seventh of the [60%] average for retailers.

Clearly their workers are MUCH happier there than just about anywhere else in the same industry.

Lessons from Costco on Sustainable Growth

Few companies succeed in growing at a sustainable rate over time. The reason is that leaders give in to the temptation to grow in ways that overlook the customer or they grow more quickly than their organizational capabilities allow. But the leaders of a handful of companies, including Costco and Four Seasons Hotels and Resorts, never forget that businesses are complex systems whose elements are interconnected. That gives them the discipline to reject temptations to grow faster than their organizations can sustain.

Harvard Business Review
That’s not what nuance means. I’m done with this. You’re choosing to misunderstand or just cannot do so.

I’ll pretend I’m surprised you avoided addressing that single digit turnover rate, lol.

You’re choosing to generalize people based on their net worth, and choosing to cherry pick data points to support a narrative about Costco easily debunked by looking at aggregate data.

Keep blocking for them, pal. I’m sure you’ll get your billions one day.

/ignored.

You’re projecting your unwillingness to defend what doesn’t confirm your biases. Some of us care about what’s accurate more than what props up a pet narrative.

All I did was state a fact that you can’t deal with. That’s the bottom line. Cope and seethe.