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Comment on It's unacceptable that people like Jeff Bezos exist.

lime@feddit.nu ⁨6⁩ ⁨days⁩ ago

yeah he could have given those people *checks notes* one and a half week’s pay each instead.

don’t get me wrong, dollar billionaires shouldn’t exist and bezos is definitely among the worst, but focusing on the money he spends rather than how the people still working for him are treated feels backwards.

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ThePantser@sh.itjust.works ⁨6⁩ ⁨days⁩ ago
That’s his fuck around money, he can give away even more and still not feel it.

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- lime@feddit.nu ⁨6⁩ ⁨days⁩ ago
  and he should probably be made to
  
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grey_maniac@lemmy.ca ⁨6⁩ ⁨days⁩ ago
I’m going to hazard a guess he makes close to 0.3% in interest per week, meaning he could employvthose people on his own passive income without even noticing.

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- krisevol@lemmus.org ⁨6⁩ ⁨days⁩ ago
  He didn’t, you earn interest in cash, not stocks.
  
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  - grey_maniac@lemmy.ca ⁨5⁩ ⁨days⁩ ago
    Metaphorical interest. The percent capital gains on his stocks is well over that. It still functions as passive income. I am surprised that had to be explicitly extrapolated.
    
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    krisevol@lemmus.org ⁨5⁩ ⁨days⁩ ago
    That was the dumbest thing I’ve heard all day
    
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krisevol@lemmus.org ⁨6⁩ ⁨days⁩ ago
90% of his ner worth is in 300 p/e stocks.

The money doesn’t exist. It’s all speculation. The second you tried to cash those stocks the value would plumit 90% overnight, and nothing good would be able to be bought with the cash after that.

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- PolarKraken@lemmy.dbzer0.com ⁨6⁩ ⁨days⁩ ago
  And yet, is he treated by other gigantically rich people and institutions as if this is true?
  
  You’re arguing the pedantic point, something like “he doesn’t really have that many dollars, you said dollars!” while (I guess deliberately ignoring?) the OBVIOUS, clear way him and others like him wield influence and power.
  
  Everyone who makes him actually powerful, by lending to him and facilitating it all, understands his net worth better than you do. Kinda de facto, by being in his spheres in the first place.
  
  What is it you think you’re adding here?
  
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  - krisevol@lemmus.org ⁨5⁩ ⁨days⁩ ago
    That he has power you cant extract, but it doesn’t exist for you, only him
    
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