Honestly the fact that Elon ain't even a billionaire if you counted the green he could pull outta the bank says a lot about the scam of modern economics.

The vast majority of his reported wealth is just the stocks he has in his companies, which means it's tied to how valuable people think Tesla, SpaceX, etc are worth. If something happened to make people not care about them anymore, his net worth would plummet.

This can apply to the economy as a whole. Depressions and recessions happen when the value of something changes drastically and people panic about it, exacerbating the issue.
You're rich when there's a chasm of difference between how much you actually own and how much you've convinced the world you own.

I don't think being rich is inherently bad, but I do think that it's extremely difficult to attain that kind of wealth without lots of other people getting put out in some way. A few of them come by it honestly through sheer luck. I think David Tran of Huy Fong and whoever founded Costco are on this list. Not entirely without controversy, but saints in comparison.

@Paradox > I don't think being rich is inherently bad, but I do think that it's extremely difficult to attain that kind of wealth without lots of other people getting put out in some way.

i don't know how common this is as a belief but i've seen the same metaphors about how much $1B is several times so i (want to) think this is a more or less agreed upon idea (to some extent)

@hannah I think the problem is people end up conflating the two and end up demonizing the concept of having lots of money in general.
Like I don't give a shit if you have a yacht, as long as you didn't use a sweatshop to get it.
People do run very successful businesses and have great work culture, but they don't really get famous cuz that's not really a thing that makes headlines.

Not to mention the actors and sports pros that make millions by being great at entertaining and having the luck of being paid to do so by an org with lots of money. Some of them are terrible people that get covered for by lawyers, and some of them are wonderful people.