this post was submitted on 05 Jun 2024
2257 points (98.6% liked)
Microblog Memes
5778 readers
2231 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The issue with having billions is that with maybe a miniscule amount of exceptions, no one person is able to generate billions. 99% of the time someone becomes a billionaire by starting or buying a company and maintaining a disproportionately large stake of ownership while the dozens or hundreds of people working for them receive a salary less than the profits they generate while receiving equity that is significantly smaller than the value that they contribute to the business. A truly ethical billion or trillion dollar company would be composed of a large group of multi millionaires along with a few millionaires and people living comfortable lives rather than a small group of multi billionaires and a few millionaires along with countless people struggling to get by.