this post was submitted on 28 Feb 2024
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I think this is a combination of inflation and employers wanting people to return to the office. I am excited for people to return to the office as it means I can earn a lot more money.

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[–] [email protected] 0 points 8 months ago (1 children)

When they sell something. It doesn’t go into the pocket of Elon. It does into the funds of the company. For every Tesla sold. Elon receives zero dollars.

Again, you're getting hung up on literal cash. Cash is not the only form of wealth. And the rich get their wealth from these companies. Sometimes it is literal cash, but most often it is in the form of stocks.

And the wealth these companies earn disproportionately goes to the rich, the stock holders, upper management, etc.

Elon owns zero factories. Same with bezos. Neither own any of those items.

The rich own the companies that own the production. I know you're more intelligent than this.

Zero dollar goes to either one

Again, you're getting hung up on the distinction between cash, stock, and wealth.

[–] [email protected] 0 points 8 months ago (2 children)

And the wealth these companies earn disproportionately goes to the rich, the stock holders, upper management, etc.

You mean the employee. Pension funds. 401k. I get stock as part of my job.

Also you are confusing earnings with dividends. The two are not the same. Earning go the company. They don’t go to the list you created. Earnings only go to the company.

Again, you’re getting hung up on the distinction between cash, stock, and wealth.

You mean facts and logic. The differences are important. It’s why you struggle with these topics because it’s all magic and unicorns. You don’t get why Elon is wealthy or how he became wealthy. You just want to feel he took your money but you never bought a Tesla. It’s strange thinking.

[–] [email protected] 0 points 8 months ago (1 children)

I get stock as part of my job.

I thought you were self employed? You must be one of those gay black men with trans friends.

[–] [email protected] 0 points 8 months ago

I have side jobs that I do but I’m a w2 for main income. Part of my package is stock

[–] [email protected] 0 points 8 months ago (1 children)

Also you are confusing earnings with dividends.

I never mentioned either of them, because i am not talking about the literal specifics of how the wealth is distributed. You have no point here.

You mean facts and logic.

No. You are getting hung up on the actual methods of how the wealth is distributed, cherrypicking the ways in which it is not as a means to say that the rich aren't extracting wealth.

Your argument relies on fallacies the whole way through.

[–] [email protected] 0 points 8 months ago (1 children)

No. You are getting hung up on the actual methods of how the wealth is distributed

I’m not hung up on anything but facts. I’m just shocked out how wrong you are, yet are confident you are correct. Since your whole premise is false, you end up with false conclusions. You think everything is magic and unicorn's.

https://www.forbes.com/sites/rainerzitelmann/2019/05/14/no-the-rich-didnt-get-rich-at-the-expense-of-the-poor/?sh=db336d338ca5

[–] [email protected] 0 points 8 months ago (1 children)

Quoting Forbes for this is hilarious.

[–] [email protected] 0 points 8 months ago

I get it. You hate citations but that’s how facts work. Not your incoherent ramblings.