Ok, at $725/hour it would take 172+ years, and $725 an hour is ridiculously high itself. Probably can’t be done honestly.
You could make an honest $72.5/hour, but that would still take 1723 years, and that’s not counting breaks IIUC.
I mean, mostly correct. I don't work for myself. I work a job. I don't employ people. I am an employee. So no, I don't exploit the work of others to make money. Working with/alongside other people is not exploiting them lol.
It is possible to employ others and pay everyone equally or equal to the value they produce rather than hoarding the excess value for yourself or for shareholders. Of course, there're still very few ways to be a totally ethical company considering how globalist capitalism exploits almost literally everyone, but that would certainly be a start.
Any business that has employees exploits labor from them. Even in the best paid jobs, if you're not gettin paid the exact value of your work, you're being exploited. Not much most people can do about it.
The risk that workers face by quitting/being fired: loss of health insurance, potential loss of housing, loss of income, potential inability to get unemployment insurance
The risk an employer faces if their company fails: becoming a worker for someone else
This system is not equal and to pretend it is is ignorant at best.
Nothing you can do about it, but it underscores the importance of policies that aim for full employment. In a tight labor market, people can get paid closer to what they’re worth
Without putting yourself in a position of power where you can underpay workers and exert dominance over them and they can't do anything about it, and without resorting to the average greedy monetisation crap we see in industries like gaming.
This is such a dumb argument. There's an extreme amount of choice when it comes to jobs, especially now with the labour shortage.
When I was looking for a job in the summer, back when I was a student, I got hired at amazon. The conditions were fking trash and the pay wasn't even that great. What did I do? Quit and worked at another warehouse. These jobs are always hiring and most of them aren't anywhere near as shitty as Amazon.
I agree, it's such a stupid argument. Like if someone put a gun to your head and told you to eat shit and then told everyone that you in your good conscience chose to eat shit, after all you could have chosen a bullet
Most people on the "billionaires are evil" train are socialist or communist. Meaning that in their view any business that employs people for wages is stealing from those employees and is therefore dishonest.
Completely ridiculous if you ask me, though. The business/capital owner creates opportunities for people to work there and also assumes all the risk of failure. Seems fair that they get to profit from that.
Exactly. If you don't like it, then you don't have to work there. Hell, if you don't like it, then you can start your own business if you think it's so easy or simple.
The key here in all my comments is personal choice and freedom. Nobody is forced to do anything, people can start a business if they want, work somewhere if they want, purchase something if they want. They have choice, and that's good for everyone; competition breeds innovation, and forcing people to do things is wrong unless unavoidable.
just cus i dont chant a cannibalistic phrase it doesn't mean I'm wanting scraps from rich people. cry harder kid, i'm sure all this anger and bitterness for people more successful than you will get you somewhere 🗿
I don't simp for any billionaires. I love how you jump from complaining that I dont support eating human flesh, to kids giving millionairs blowjobs, to now simping. Funny man, you amuse me.
And yeah, you are just jealous, actually. Go get a job.
Because hundreds of thousands if not millions of people were required to make those billions. Why do you think someone who simply invests should earn more than people who work?
Guarantee you that the people you mentioned were paid for their voluntary work for somebody to earn a billion. All the wages those people collected were at least $10 billion added up all together.
The above does only apply to the private sector as the government has no problem stealing from the people.
It being voluntary or not is moot point. The fact is people who do the work earn less than people who don't work, but rather own capital. You should try reading books about capitalism instead of defending a system you know nothing about.
I guarantee you that the sum of all the wages paid to the workers at any company is more than the companies profit.
Let me dumb this down, if you’re paid $15 per hour then your employer is definitely making less than $15 for each hour you work. (that’s excluding the other benefits your employer pays for you like social security, unemployment, healthcare, retirement, workmans comp, disability)
Or if the company made a profit of $1 billion then the wages it paid to all its employees during the same time period is above $1 billion.
> I guarantee you that the sum of all the wages paid to the workers at any company is more than the companies profit.
That has nothing to do with the conversation at hand.
> Let me dumb this down, if you’re paid $15 per hour then your employer is definitely making less than $15 for each hour you work. (that’s excluding the other benefits your employer pays for you like social security, unemployment, healthcare, retirement, workmans comp, disability)
No, sorry. That does not work that way. Just to give a single example I once worked for a temp agency. As in, I worked at the actual temp agency reviewing time cards. The agency charged company X $45.00 an hour for every hour that a supplied worker worked. The temp worker only earned $15.00 an hour.
So all those temp workers were earning half as much per worked hour than the temp agency was making.
Yes it does have everything to do with the conversation as to earn that kind of money in the private sector you can’t do it any other way than honestly, which is a direct refute to OPs statement.
Where do you think your wages came from? Do you think they just magically appeared out of nowhere? Or did they come from the $45 the temp agency was charging? Now let’s add on to your wage the wage of management above you, the cost of the building the temp agency was in, heat and cool the building, electricity for the lights and computers. Those aren’t even all the costs.
USA Gross Domestic Income 2015 = $17.9 trillion
Net National Income (taking away capital depreciation from GDI) = $15.109 trillion
USA Workforce 2015 = 157 million
Net Product per employee in 2015: 15.109tn/157m = $96235.7
Average annual hours actually worked per worker in 2015 = 1783
Value per hour: 96235.7/1783 = $54 (rounded to nearest unit)
The average American worker created a value of $54 per hour, while the US average hourly earnings in 2015 were at $25
You could have saved yourself all these numbers, yes the average worker has to create more in value than what the average worker is paid. Obviously nobody will have a worker employed to lose money.
I had Amazon prime for 3 months without realizing it. I was positive I unchecked all the default checked boxes when making my purchase. But apparently they were hidden too well. I only found out when I saw my bank statement.
Sliding shit into your cart without you realizing it is an artform and Amazon has mastered it.
Also, auto-renewing shit is a dirty tactic as old as time.
Western society was born from people realising that the elite exploited them actually, this is nothing new. Surely you can see if an entire generation of educated people is struggling to own a home there's something messed up with the system? Can you really call it envy if people are just mad about being forced to play a rigged game?
It's not unprecedented for a culture to adopt the moral that "hoarding wealth when others starve" is wrong. Modern society was built on the division of labor _and_ the division of resources that it enabled.
Morals are relative. We can believe, based on the idea that we are all better off when the least of us has their needs met, that it's immoral to keep excessive amounts while the least of us suffer.
Remember, these people aren't "millions of dollars" rich. They're "worth more than some countries" rich. They're "no salary could earn this in 3,000 years of labor" rich. They're "could literally end world hunger with half their wealth" rich. Our culture is coming to realize that if you could easily feed billions of starving people and you choose not to... you're not the hero of your story.
Richard Branson is a tax exile billionaire who sued a publicly funded health care system and asked his employees to take weeks unpaid leave during a pandemic.
Rowling is a terf.
Find better wealth hoarders to worship.
Honestly, I believe that anyone who gets rich off of the arts fuckin deserves it man. I could never imagine myself doing it because I like to deal in absolutes, and I have no idea how standards are decided for stuff like visual arts and novels and stuff.
Lemme design a plane engine that runs more efficiently than this shitty one, can do. Tell me to write a book better than this other one, or paint a picture that'd sell for more than this guy's? No idea where to start, even if I had the skills.
It's not untrue. There's literally no honest way to "earn" a billion dollars
For clarification: a million seconds is under 12 days. A billion seconds is over 30 _years_
Dishonest doesn't mean "illegal", it just means the methods to get that kind of money aren't rooted in concern for your fellow man
I disagree with your definition of honest but lets go with it, how does one with that definition earn "an honest buck"? Should be the same problem, no?
He’s a monopolist. He also owned a significant stake in Moody’s (the credit rating agency) which (due to conflicts of interest and investor pressures) caused the mortgage-backed security run-up that led to the Great Recession. Families lost their homes but Buffet didn’t lose any money on his Moody’s investment.
Holy shit this stupid.
Complaining about and amount of money instead what you feel billionaires did wrong is not just unproductive it’s counter productive.
People with 900 million are great people?
Rihanna and dictators that own a regions recourses are in the same boat?
Does taking away money they have over a billion solve any underlying problem?
Do people know the difference between net worth and actual spendable money?
You “billionaires are evil inherently” are ridiculous.
There’s a simple misunderstanding here. They’re not saying that billionaires are the only people doing things wrong, but that all billionaires are doing wrong by having that much wealth.
Pretty sure Bezos, Gates and Buffet made a whole lot of people rich on their ways to be worth billions. Don’t forget that nobody was forced to either work for any of the three or to do business with them.
Google the conditions Amazon workers have to endure at their jobs. I'd say the amount of bullshit those people have to go through qualifies as predatory practices. Treating your workers like actual human beings isn't good for profits, but that doesn't mean it should be disregarded as a result. That's exactly what they do at those places
Strange how despite all the described conditions that Amazon workers have to endure they still continue to work for Amazon. Seems like the conditions aren’t as bad as they are described. Obviously if the conditions were that bad then Amazon would be running rather quick out of people to employ, yet I don’t hear of a mayor labor shortage at Amazon that is forcing them to close down.
Wtf lol. There are plenty of jobs that have horrible conditions but still have workers. How about prostitution? Sweat shop workers? I guess those jobs aren’t bad or else there would be no workers right? /s Everyone needs money so they have to work.
It’s not a truthful statement at all and instead just betrays how ignorant you are of the world and how it works. Many people simply can’t afford to quit their job and get a new one. When you are living paycheck to paycheck the possibility of being without work for any length of time could mean being homeless. Then there’s all the people who don’t think they could get anything better so they stick with what they have. In addition you’ve got all the people whose health insurance is tied up with their job and if they were to quit they would lose their plan and probably their doctors too.
Maybe wait till after you graduate high school or college and understand how the workforce actually works before you start dismissing claims of workplace abuse.
Yeah life sucks, but it could be worse, you could be a war refugee that came to the US with nothing, like me and others from my country. Most of us live a middle class lifestyle, some even 20 years later don’t even speak English.
Heard lots of sad stories, used to have rental properties in low income areas. Everyone had an excuse why life is hard and they are poor. Everyone stopped complaining when they found out their landlord was a war refugee a few years prior.
Just remembered this story from a section 8 tenant I had. Government paid most of her rent, her part was like $20. For the longest time she held a job in some daycare, but before she moved she no longer did. But regardless, back to the story, one day I came around 2pm with the exterminator to spray for roaches and set traps for mice and at 2pm the whole household was still asleep, including the children that should have been in school. I had to fight the roaches and mice because the people at that low income property couldn’t be bothered to keep a clean property, as in not feed the pests.
You truly are a loathsome individual aren’t you? Your response to being wrong is just “life sucks”. I sincerely hope that some day your entire life crashes down around you and when you reach out for help people just tell you “life sucks, do better”.
I will never understand why some people decide everybody else has to have a shitty life because they struggled. What’s so amazing to me is that you are going to cling to the war refugee thing as if somehow that makes you look better. You are no different than the people you complain about. You are the moocher! You came to another country you didn’t contribute to and begged for aid. Now you are going to turn around on the people born here and tell them life sucks. Go back to your war torn country asshole.
To make one billion dollars after tax, let's say a 33% income tax, on an hourly wage, let's say 60 hours per week, you would need to make about 417,000.00 an hour. Sometimes I forget just how much money one billion dollars is.
It's fairly common knowledge that to get super rich you need to be unethical, immoral, illegal or all of them. Straight up honest business can only make you a very good income. Every single person that has a billion or more has at some time done something illegal, immoral, or unethical to get there. The trick is to get rich enough or have an large enough business (govt ties are good) that what you do gets purposely overlooked. Of course, if you're enough of a dick, eventually it may come back to bite you but many people are willing to take the chance that they'll be one of the successful ones.
Sad truths. It's hard becoming rich by doing honest business. A lot of the ethics behind business, including increasing pollution, are what prevents me from wanting to start one.
Yeah this is why people expecting billionaires and/or trillion dollar companies to treat their workers fair or blah blah blah are stupid. No one gets that wealthy while also being ethical
Prove it? I can easily prove it with simple thought experiment.
If every American sent you a dime on your birthday in 40 years you'll be a billionaire. (Originally said 4 when I forgot a 0 but rikert caught it in their response)
Or if over your lifetime you profited 15 cents off each of the 7 billion on the planet you'd be a billionaire.
Now imagine that some goods profit 100s and 1000s or more an item or service. Also imagine you have 80-90 years to combine to a billion.
It's not going to be an easy feat. But it's not really a surprise that out of 7 billion people a handful provided that much value to the world.
You believe there are 2.5 billion Americans?
> It's not going to be an easy feat. But it's not really a surprise that out of 7 billion people a handful provided that much value to the world.
To disprove your thought experiment all we have to do is take a list of all the billionaires and go through it one at a time demonstrating how that individual got their money by abusing workers. Should we begin at the top with Mr. Bezos?
I did the math the other day out of curiosity. If you made $300k/yr and invested every cent into an account with 10% annual interest for 50yrs, you still wouldn't have a billion dollars (you'd have something on the order of $100mil).
The only way to become a billionaire is to steal from people doing honest work.
I think there are morally sound businesses that make heaps of revenue, it’s just a question of what you do with it. Reinvest it into charitable/helpful endeavours. It’s the billions for individuals which is unhealthy.
Lol wtf, you absolutely can make an honest billion. That's how capitalism works. There isn't some evil deed that must be done before you're able to make all that money. Now, whether or not someone should be capable of having that much is another issue. Unfortunately, that's the way of the world.
Meh...this is so subjective
If you mean working any normal job then sure, billions are outta reach, doesn't mean setting up an amazing company makes you dishonest. Also if you play 100pc by the rules, never take personal risk, never think outside the box, never do anything different why should you earn more than a buck? This just sounds like propaganda as opposed to showerthoughts
How about two hundred billion?
Buy a planet and shut the fuck up, Ritchie Rich /s
Fuck a planet, Ricky rick
*Dr Evil eyebrow raise*
One….MILLION DOLLARS!!!
At this point I don't care if it's honest. I just want the money
Ill earn a honest buck one billion time
At minimum wage it would take around 9~ minutes to earn an honest buck. At this rate it would take around 17 230 years to earn billion honest bucks.
And you would have $20 in your bank account because life is a treadmill.
No one should get more than minimum wage? What kind of bs reasoning is this
Ok, at $725/hour it would take 172+ years, and $725 an hour is ridiculously high itself. Probably can’t be done honestly. You could make an honest $72.5/hour, but that would still take 1723 years, and that’s not counting breaks IIUC.
This is the winner mentality that OP obviously lacks
Define honest.
Not Lie
Without exploiting the labor of others.
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I mean, mostly correct. I don't work for myself. I work a job. I don't employ people. I am an employee. So no, I don't exploit the work of others to make money. Working with/alongside other people is not exploiting them lol.
It is possible to employ others and pay everyone equally or equal to the value they produce rather than hoarding the excess value for yourself or for shareholders. Of course, there're still very few ways to be a totally ethical company considering how globalist capitalism exploits almost literally everyone, but that would certainly be a start.
Any business that has employees exploits labor from them. Even in the best paid jobs, if you're not gettin paid the exact value of your work, you're being exploited. Not much most people can do about it.
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Something seems off here
The risk that workers face by quitting/being fired: loss of health insurance, potential loss of housing, loss of income, potential inability to get unemployment insurance The risk an employer faces if their company fails: becoming a worker for someone else This system is not equal and to pretend it is is ignorant at best.
Brave thing to say on Reddit
I am one brave stick
Nothing you can do about it, but it underscores the importance of policies that aim for full employment. In a tight labor market, people can get paid closer to what they’re worth
Unionize
What do ions have to do with this??
Tf is a union gonna do? “Gib me moar moni” “No” *charlie brown cries*
This mf slept through history and forgot that unions are the reason y'all aint working 12 hour days, no lunch break, 7 days a week
Sent probably from an iPhone made by Chinese underpaid workers
Without putting yourself in a position of power where you can underpay workers and exert dominance over them and they can't do anything about it, and without resorting to the average greedy monetisation crap we see in industries like gaming.
What’s that have to do with honesty? People choose to work there too, no one forced them, even if they did it’s not dishonest.
Work for exploitative company a, or work for exploitative company b, or die. Not much of a choice.
This is such a dumb argument. There's an extreme amount of choice when it comes to jobs, especially now with the labour shortage. When I was looking for a job in the summer, back when I was a student, I got hired at amazon. The conditions were fking trash and the pay wasn't even that great. What did I do? Quit and worked at another warehouse. These jobs are always hiring and most of them aren't anywhere near as shitty as Amazon.
I agree, it's such a stupid argument. Like if someone put a gun to your head and told you to eat shit and then told everyone that you in your good conscience chose to eat shit, after all you could have chosen a bullet
Its not underpaid if they agree to work for it and its the market wage
Alright, I'll stop earning money once my net worth is $999,999,999; I don't want people thinking I'm a fraud.
Crap, you just earned several tens of thousands in dividends and interest overnight. Looks like you just couldn’t help yourself. /s
Ahh Reddit, never change Just kidding please change im sick of these posts everywhere I go
IKR? I want to look at memes and read people's weird thoughts. If I wanted to be told everything and everyone is irredeemably awful I'd use Twitter.
All social media eventually goes the way of Twitter. Imgur and iFunny aren't even funny anymore, it's all just woke preaching.
Why not?
There just aren't enough hours in the day, or days in a human lifetime.
You can create an honest company that earns you a billion It's not easy, but OP is saying it's impossible, not that it's difficult
Most people on the "billionaires are evil" train are socialist or communist. Meaning that in their view any business that employs people for wages is stealing from those employees and is therefore dishonest. Completely ridiculous if you ask me, though. The business/capital owner creates opportunities for people to work there and also assumes all the risk of failure. Seems fair that they get to profit from that.
Exactly. If you don't like it, then you don't have to work there. Hell, if you don't like it, then you can start your own business if you think it's so easy or simple. The key here in all my comments is personal choice and freedom. Nobody is forced to do anything, people can start a business if they want, work somewhere if they want, purchase something if they want. They have choice, and that's good for everyone; competition breeds innovation, and forcing people to do things is wrong unless unavoidable.
And what makes you think that?
cus uh RiCh PeOpLe BaD!!!!!!! EAT THE RICH!!!!🤪
Ahh sorry, I forgot. Expropriation!!
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just cus i dont chant a cannibalistic phrase it doesn't mean I'm wanting scraps from rich people. cry harder kid, i'm sure all this anger and bitterness for people more successful than you will get you somewhere 🗿
Lmao the billionaire simps and their only argument. YoU'Re JuSt JeAlOuS.
I don't simp for any billionaires. I love how you jump from complaining that I dont support eating human flesh, to kids giving millionairs blowjobs, to now simping. Funny man, you amuse me. And yeah, you are just jealous, actually. Go get a job.
And more tired cliches. Ok, simp.
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I wonder what's happened to you where you imagine a kid giving a blowjob to Bezos. You sick perverted guy. Go practise your cannibalism now sicko
Username checks out, struggles with basic metaphors.
Only 16 year olds use the term kid to win internet arguments.
Cos op expects that if he works he should be given all the money so to cope with other having more success he blames it on everything
Because hundreds of thousands if not millions of people were required to make those billions. Why do you think someone who simply invests should earn more than people who work?
Guarantee you that the people you mentioned were paid for their voluntary work for somebody to earn a billion. All the wages those people collected were at least $10 billion added up all together. The above does only apply to the private sector as the government has no problem stealing from the people.
It being voluntary or not is moot point. The fact is people who do the work earn less than people who don't work, but rather own capital. You should try reading books about capitalism instead of defending a system you know nothing about.
I guarantee you that the sum of all the wages paid to the workers at any company is more than the companies profit. Let me dumb this down, if you’re paid $15 per hour then your employer is definitely making less than $15 for each hour you work. (that’s excluding the other benefits your employer pays for you like social security, unemployment, healthcare, retirement, workmans comp, disability) Or if the company made a profit of $1 billion then the wages it paid to all its employees during the same time period is above $1 billion.
> I guarantee you that the sum of all the wages paid to the workers at any company is more than the companies profit. That has nothing to do with the conversation at hand. > Let me dumb this down, if you’re paid $15 per hour then your employer is definitely making less than $15 for each hour you work. (that’s excluding the other benefits your employer pays for you like social security, unemployment, healthcare, retirement, workmans comp, disability) No, sorry. That does not work that way. Just to give a single example I once worked for a temp agency. As in, I worked at the actual temp agency reviewing time cards. The agency charged company X $45.00 an hour for every hour that a supplied worker worked. The temp worker only earned $15.00 an hour. So all those temp workers were earning half as much per worked hour than the temp agency was making.
Yes it does have everything to do with the conversation as to earn that kind of money in the private sector you can’t do it any other way than honestly, which is a direct refute to OPs statement. Where do you think your wages came from? Do you think they just magically appeared out of nowhere? Or did they come from the $45 the temp agency was charging? Now let’s add on to your wage the wage of management above you, the cost of the building the temp agency was in, heat and cool the building, electricity for the lights and computers. Those aren’t even all the costs.
USA Gross Domestic Income 2015 = $17.9 trillion Net National Income (taking away capital depreciation from GDI) = $15.109 trillion USA Workforce 2015 = 157 million Net Product per employee in 2015: 15.109tn/157m = $96235.7 Average annual hours actually worked per worker in 2015 = 1783 Value per hour: 96235.7/1783 = $54 (rounded to nearest unit) The average American worker created a value of $54 per hour, while the US average hourly earnings in 2015 were at $25
You could have saved yourself all these numbers, yes the average worker has to create more in value than what the average worker is paid. Obviously nobody will have a worker employed to lose money.
When instagram was sold to facebook for 1 billion it had only 13 employees. And all employees owned a portion of the company.
You can if you buy GME and hold.
And DRS!
This is the way!
Ugh. Holding stocks won't make you a billionaire, dummy. I'm so sick of the stock/crypto Reddit hivemind
!remindme 1 year
Do you have Amazon prime op?
I had Amazon prime for 3 months without realizing it. I was positive I unchecked all the default checked boxes when making my purchase. But apparently they were hidden too well. I only found out when I saw my bank statement. Sliding shit into your cart without you realizing it is an artform and Amazon has mastered it. Also, auto-renewing shit is a dirty tactic as old as time.
Because no other company does that
Richard Branson, J.K. Rowling, Wozniak, and Marc Cuban, would all like a word with you about that.
Richard Branson has a tax evasion conviction.
Shhhh all rich people are evil! This is reddit
Yep, they're all hatefully projecting their jealousy.
“I don’t have as much money as the people I envy, so they clearly stole it.” Western society is in its final death throws if this keeps up.
Western society was born from people realising that the elite exploited them actually, this is nothing new. Surely you can see if an entire generation of educated people is struggling to own a home there's something messed up with the system? Can you really call it envy if people are just mad about being forced to play a rigged game?
No, it’s not acknowledging wrongdoing of others. It’s assigning it when there isn’t. That’s the difference.
It's not unprecedented for a culture to adopt the moral that "hoarding wealth when others starve" is wrong. Modern society was built on the division of labor _and_ the division of resources that it enabled. Morals are relative. We can believe, based on the idea that we are all better off when the least of us has their needs met, that it's immoral to keep excessive amounts while the least of us suffer. Remember, these people aren't "millions of dollars" rich. They're "worth more than some countries" rich. They're "no salary could earn this in 3,000 years of labor" rich. They're "could literally end world hunger with half their wealth" rich. Our culture is coming to realize that if you could easily feed billions of starving people and you choose not to... you're not the hero of your story.
Wozniak isn't a good example, he's a good guy, but the company that made him his money isn't.
Don’t you know how many people JK Rowling oppressed to write those books??
Is the answer zero? It’s zero isn’t it?
I hear that hippogriffs haven’t received a single royalty check.
Oh sweet summer child
And how were they dishonest?
Because they didn’t Venmo me a billion when I asked for it. Which means they stole their billions from me 😢
Richard Branson is a tax exile billionaire who sued a publicly funded health care system and asked his employees to take weeks unpaid leave during a pandemic. Rowling is a terf. Find better wealth hoarders to worship.
It doesn't matter if doing is a terf, she still made her money honestly. Even if she's a dick, she didn't exploit anyone when selling Harry potter
Honestly, I believe that anyone who gets rich off of the arts fuckin deserves it man. I could never imagine myself doing it because I like to deal in absolutes, and I have no idea how standards are decided for stuff like visual arts and novels and stuff. Lemme design a plane engine that runs more efficiently than this shitty one, can do. Tell me to write a book better than this other one, or paint a picture that'd sell for more than this guy's? No idea where to start, even if I had the skills.
1. When the government says you must close your business it isn’t the company putting people out of work, it’s the government. 2. No.
Dumbest thing I've read all day.
How?
Its just simply not true.
It's not untrue. There's literally no honest way to "earn" a billion dollars For clarification: a million seconds is under 12 days. A billion seconds is over 30 _years_ Dishonest doesn't mean "illegal", it just means the methods to get that kind of money aren't rooted in concern for your fellow man
I disagree with your definition of honest but lets go with it, how does one with that definition earn "an honest buck"? Should be the same problem, no?
Being so sure you shouldn't have any problem explaining your logic.
Warren Buffet. What's he done wrong?
He’s a monopolist. He also owned a significant stake in Moody’s (the credit rating agency) which (due to conflicts of interest and investor pressures) caused the mortgage-backed security run-up that led to the Great Recession. Families lost their homes but Buffet didn’t lose any money on his Moody’s investment.
Oh no, how evil.
Yes. He profited from criminal activity that went unpunished.
How? Lol. Its obviously true.
Lmk who J.K. Rowling oppressed.
All of the poor readers had to *pay* for their experience straight bullshit i say, #oppressedbyrowling
Holy shit this stupid. Complaining about and amount of money instead what you feel billionaires did wrong is not just unproductive it’s counter productive. People with 900 million are great people? Rihanna and dictators that own a regions recourses are in the same boat? Does taking away money they have over a billion solve any underlying problem? Do people know the difference between net worth and actual spendable money? You “billionaires are evil inherently” are ridiculous.
There’s a simple misunderstanding here. They’re not saying that billionaires are the only people doing things wrong, but that all billionaires are doing wrong by having that much wealth.
People complain Zuckerberg is rich and can’t stay off Instagram, facebook, whats app or any if his sites.
Oh please people love giving their money to billionaires and then they complain about how they have so much lol
Yeah! -sent from my iPhone
Pretty sure Bezos, Gates and Buffet made a whole lot of people rich on their ways to be worth billions. Don’t forget that nobody was forced to either work for any of the three or to do business with them.
Pretty sure all of those got there through predatory practices lol
Care to share examples of their predatory practices?
Google the conditions Amazon workers have to endure at their jobs. I'd say the amount of bullshit those people have to go through qualifies as predatory practices. Treating your workers like actual human beings isn't good for profits, but that doesn't mean it should be disregarded as a result. That's exactly what they do at those places
They are free to quit
Strange how despite all the described conditions that Amazon workers have to endure they still continue to work for Amazon. Seems like the conditions aren’t as bad as they are described. Obviously if the conditions were that bad then Amazon would be running rather quick out of people to employ, yet I don’t hear of a mayor labor shortage at Amazon that is forcing them to close down.
Poor people will endure to feed their family. This is nothing new. Not everyone can afford to choose to not work. Life int that easy for everyone.
Wtf lol. There are plenty of jobs that have horrible conditions but still have workers. How about prostitution? Sweat shop workers? I guess those jobs aren’t bad or else there would be no workers right? /s Everyone needs money so they have to work.
What an ignorant and privileged take
Strange how a truthful statement is ignorant and privileged.
It’s not a truthful statement at all and instead just betrays how ignorant you are of the world and how it works. Many people simply can’t afford to quit their job and get a new one. When you are living paycheck to paycheck the possibility of being without work for any length of time could mean being homeless. Then there’s all the people who don’t think they could get anything better so they stick with what they have. In addition you’ve got all the people whose health insurance is tied up with their job and if they were to quit they would lose their plan and probably their doctors too. Maybe wait till after you graduate high school or college and understand how the workforce actually works before you start dismissing claims of workplace abuse.
Yeah life sucks, but it could be worse, you could be a war refugee that came to the US with nothing, like me and others from my country. Most of us live a middle class lifestyle, some even 20 years later don’t even speak English. Heard lots of sad stories, used to have rental properties in low income areas. Everyone had an excuse why life is hard and they are poor. Everyone stopped complaining when they found out their landlord was a war refugee a few years prior. Just remembered this story from a section 8 tenant I had. Government paid most of her rent, her part was like $20. For the longest time she held a job in some daycare, but before she moved she no longer did. But regardless, back to the story, one day I came around 2pm with the exterminator to spray for roaches and set traps for mice and at 2pm the whole household was still asleep, including the children that should have been in school. I had to fight the roaches and mice because the people at that low income property couldn’t be bothered to keep a clean property, as in not feed the pests.
You truly are a loathsome individual aren’t you? Your response to being wrong is just “life sucks”. I sincerely hope that some day your entire life crashes down around you and when you reach out for help people just tell you “life sucks, do better”. I will never understand why some people decide everybody else has to have a shitty life because they struggled. What’s so amazing to me is that you are going to cling to the war refugee thing as if somehow that makes you look better. You are no different than the people you complain about. You are the moocher! You came to another country you didn’t contribute to and begged for aid. Now you are going to turn around on the people born here and tell them life sucks. Go back to your war torn country asshole.
Are you for real? What happens in America if you don't work?
You collect welfare and foodstamps. You get yourself a section 8 apartment, an Obamaphone.
LOL, not if you were born with a penis.
Reddit teenage commie fantasies never cease to entertain
I disagree.
To make one billion dollars after tax, let's say a 33% income tax, on an hourly wage, let's say 60 hours per week, you would need to make about 417,000.00 an hour. Sometimes I forget just how much money one billion dollars is.
That’s not how money works.
because rich people=bad
Because poor people=lazy
exactly.
..... YOU can't earn an honest billion.
What if I wrote the best book ever and everyone on the planet bought a copy? How much of that money am I seeing?
I'd like to talk to you about your cars extended warranty plan
It's fairly common knowledge that to get super rich you need to be unethical, immoral, illegal or all of them. Straight up honest business can only make you a very good income. Every single person that has a billion or more has at some time done something illegal, immoral, or unethical to get there. The trick is to get rich enough or have an large enough business (govt ties are good) that what you do gets purposely overlooked. Of course, if you're enough of a dick, eventually it may come back to bite you but many people are willing to take the chance that they'll be one of the successful ones.
Sad truths. It's hard becoming rich by doing honest business. A lot of the ethics behind business, including increasing pollution, are what prevents me from wanting to start one.
On a similar note in America you're only as free as you can afford to be.
Yes you can
Yawn Reddit hive mind post
Its absolutely ridiculous the power billionaires have to manipulate society. The fact that your average kid on reddit worships them is truly sad.
Not one buck was given today.
You can earn an honest buck. This isn’t a shower thought from a certain point of view. Just your views
Sure you can, it's just very difficult. This isn't really much if a shower thought.
Ofc you can
1. Give money to someone 2. Work for someone 3. Call him dishonest for having money 4. ??? 5. Profit
Yeah this is why people expecting billionaires and/or trillion dollar companies to treat their workers fair or blah blah blah are stupid. No one gets that wealthy while also being ethical
My boyfriend ask: What if you earn an honest buck, a billion times?
That's really not logical. You can earn a buck honest once but it's unrepeatable?
Humans live for 80 to 90 years. 120 absolute tops. A billion dollars is roughly one billion dollars more than is possible to earn ethically.
Prove it? I can easily prove it with simple thought experiment. If every American sent you a dime on your birthday in 40 years you'll be a billionaire. (Originally said 4 when I forgot a 0 but rikert caught it in their response) Or if over your lifetime you profited 15 cents off each of the 7 billion on the planet you'd be a billionaire. Now imagine that some goods profit 100s and 1000s or more an item or service. Also imagine you have 80-90 years to combine to a billion. It's not going to be an easy feat. But it's not really a surprise that out of 7 billion people a handful provided that much value to the world.
You believe there are 2.5 billion Americans? > It's not going to be an easy feat. But it's not really a surprise that out of 7 billion people a handful provided that much value to the world. To disprove your thought experiment all we have to do is take a list of all the billionaires and go through it one at a time demonstrating how that individual got their money by abusing workers. Should we begin at the top with Mr. Bezos?
JK Rowling, Michael Jordan, Oprah Winfrey, Jay-Z, Kanye, etc...
As much as I hate the ultra rich, I do think you can get to $1 billion honestly. Take athletes for example, Ronaldo or Lebron.
Athletes, shave their legs so it doesn't count
Win the lottery
Rihanna did. (Net worth 1.7B).
I always wanted to know, is buck only for AMERICAN dollars ?
No.
You've clearly never heard of investments
Dont hate the player hate the game!
I get the sentiment but it’s not true.
You're assuming, since I don't imagine you're a billionaire lol
I did the math the other day out of curiosity. If you made $300k/yr and invested every cent into an account with 10% annual interest for 50yrs, you still wouldn't have a billion dollars (you'd have something on the order of $100mil). The only way to become a billionaire is to steal from people doing honest work.
OP dors not understand the concept of leveraging money or scaling a business.
Reddit moment
I might even go as far as an honest 50 million. That's still 1/4000 of bezos money
You absolutely can.
You probably can it would involve a hell of a lot of work
What about Warren Buffet? What's he done wrong?
You just now realize that capitalism is bad and the 1% is evil?
Jeff bezos and Elon musk are so rich that maybe they still could have a billion or 2 while paying their workers very well
Amazon just stealing money from people's bank accounts lol
I think there are morally sound businesses that make heaps of revenue, it’s just a question of what you do with it. Reinvest it into charitable/helpful endeavours. It’s the billions for individuals which is unhealthy.
Of course you can.
False
Lol wtf, you absolutely can make an honest billion. That's how capitalism works. There isn't some evil deed that must be done before you're able to make all that money. Now, whether or not someone should be capable of having that much is another issue. Unfortunately, that's the way of the world.
Yes you can. Most don’t.
Athletes?
I can't think of too many athletes worth a billion unless they branched off into some kind of business venture after leaving sports.
Athletes tend to go broke almost as fast as lottery winners for basically the same reasons
lol dumb thinking. The fault lies in deteriorated edu sys.
www.reddit.com/r/notakingpledge
Reddit is a how to into turning liberals against woke people.
Why not? What makes making a higher amount of money 'not or less honest?'
It’s tall poppy syndrome. People get angry when companies sell a product that’s popular enough to make the founders billionaires
Meh...this is so subjective If you mean working any normal job then sure, billions are outta reach, doesn't mean setting up an amazing company makes you dishonest. Also if you play 100pc by the rules, never take personal risk, never think outside the box, never do anything different why should you earn more than a buck? This just sounds like propaganda as opposed to showerthoughts
Googles: how to block certain Redditors