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[–] 88 points 2 months ago (28 children)

This is what's really crazy.

A long time ago, I was having a conversation with a workmate. Guy earned as much as me. I asked him what he'd buy with $1 billion that he couldn't buy with $50 million.

He couldn't name one actual experience/object that he'd need the extra money for.

Still insisted that he wanted the billion.

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  • [–] 35 points 2 months ago (3 children)

    Super-yachts.

    One of the main reasons these are booming is that a billionaire can spend a sum on them he might actually see on his account. Fine food, cars, even mainsons are so cheap that they earn more through passive income while they're buying these things than they're actually spending. At the same time people, even in tje ver same society, go hungry to bed or are incapable of getting their health condition improved... it's just crazy.

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  • [–] 32 points 2 months ago (2 children)

    Power.

    Not a nicer car. Not a better vacation. Not a bigger house.

    The ability to buy companies, fund institutions, shape industries, influence politics, and absorb enormous losses without changing your lifestyle.

    At a certain point, more money stops buying a better life. It starts buying more control.

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  • [–] 18 points 2 months ago* (last edited 2 months ago) (4 children)

    It used to be philanthropic stuff - because buying public opinion/legacy is pretty expensive. So you fund a big charity, do some speeches, and are celebrated for being so generous. Has the side effect of actually helping some poors.

    Seems like the major expenses now are donating money to fascists and buying big boats.

    But $1B (at today's levels of value - the number isn't the issue, the relative value and lost opportunity cost of distributing some of this back to the people is the issue) is an obscene amount of money. You could invest it in some safe asset making 2% per year and yearn $54k per day ($20M/year)

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  • [–] 9 points 2 months ago (3 children)

    Have they ever done philanthropy that wasn't for avoiding taxes or laundering money?

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  • [–] 11 points 2 months ago*

    The reputational aspect is definitely a big part of it - they want to be seen and remembered a certain way. Bill Gates is a good example, but he blew all that up by raping children (maybe). Before the Gates Foundation, he was viewed by the public as a typical evil miserly cutthroat businessman who was also a weird nerd. Gates Foundation & making sure everyone knew about it did a lot to sway public opinion.

    And the actual people at the Gates Foundation did great work - they helped to control and eradicate deadly diseases in the global South. But it isn't like Bill was doing that work, he was just allowing someone to cut the checks.

    And it allows them to avoid taxes. They choose to pay bribes to politicians instead of paying taxes & to continue to not pay taxes.

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  • [–] 2 points 2 months ago

    Melinda Gates has done a lot with the Gates Foundation. I personally have been mostly funded by them for most of my career. This includes many failed attempts in some areas, and in others lead to new vaccines for meningitis for epidemic response and routine use. There are many other amazing things the foundation has funded, but that is the success I have directly been a part of.

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  • [–] 15 points 2 months ago (5 children)

    If you gave me the choice between 50 million and a billion I'd take a billion too; but if you gave me 50 million no one would hear from me again as I would quit my job, move somewhere quiet, and keep to myself.

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  • [+] -7 points 2 months ago (2 children)

    I wouldn’t quit my work with 50 million. I’d turn it into a big corp then invest in more. I’d likely work just as much but it would be to make more cash to invest into more companies so I can see my own agenda play out in ways I want.

    Someone that would fuck off with 50 million would fuck off with 5 million and that’s exactly why you won’t ever have that opportunity.

    That’s not me saying it’s a bad thing that you’re like that, just the reality of how some people think.

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  • [–] 16 points 2 months ago

    "If I had a horde of money I'd try to make it an ever bigger horde so I could tell people what to do."

    Yes, that exact attitude is the problem with billionaires and why simply being a billionaire is a sign of mental illness, because people without a hording disorder will fuck off long before they get to a billion.

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  • [–] 9 points 2 months ago

    Still insisted that he wanted the billion.

    That demonstrates the underlying problem. When you can quantify something, people can compete over it. To most people money is THE quantifiable thing about humans. We literally call a person's money number their "net worth." It's not "oh that guy with all these relationships and virtues and vices has just seen his net assets exceed one billion." It is "he is now worth one billion."

    So with it carrying such cultural weight and such quantifiability... I guess what I am trying to say is that sometimes the problem really as is simple as "number go up." Unfortunately, simple problems can still have impossibly complex solutions. How do you change the nature of a person, and then do it en masse? How do you break one feedback loop and get into another? (the people in control would make society more decent if they themselves grew up in a more decent society)

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  • [–] 7 points 2 months ago (2 children)

    Rebuild all the schools in my local district? Set up a permanent endowment for the Freedom from Religion Foundation? Turn as much land into nature preserves as I can possibly afford?

    Maybe these aren’t “things” you “buy” but it doesn’t take much creativity to blow a billion. I think I just blew a whole bunch of them.

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  • [–] 2 points 2 months ago (1 child)

    You'd never make it to a billion with that kind of attitude

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  • At my last count there were about 30 schools in my county. That puts them at less than 34 million each. A quick google search places the cost of building a new middle school at between 30 and 125 million dollars. So...yeah. Rebuilding a school district would be a straightforward way to spend a billion dollars.

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  • [–] -1 points 2 months ago (1 child)

    I’d buy a few of your countries, a space company/rocket ships. A few nukes or the facility to make them…

    Oh wait that’s exactly what they did with that money.

    It’s what you would do, too.

    Which is why no one should be allowed to have that much. Not even nation states as we’ve seen.

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  • [–] 51 points 2 months ago (4 children)

    It's a fight for survival and they will CHOOSE CONCENTRATION CAMPS OVER A SMALL TAX.

    No one is going to save us and no one is going to stop them. They need to go away NOW

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  • [–] 5 points 2 months ago (3 children)

    If no one is going to save us or stop them, why would they go away?

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  • [–] 23 points 2 months ago

    He should be beaten to a pulp with a sign that reads "Don't be evil"

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  • [–] 40 points 2 months ago (1 child)

    It’s power.

    Not wealth.

    He’d rather kids not get healthcare than be told he is a plebe that has to follow rules like the rest of us.

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  • [–] 14 points 2 months ago (1 child)

    We need to bring back tar and feathers

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  • [–] 13 points 2 months ago

    Eat the Rich

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  • [–] 12 points 2 months ago

    You have to cut out such sickness.

    Guillotine is the gracious choice to traitors.

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  • [–] 12 points 2 months ago (4 children)

    If the billionaires are paying tk stop it, it's probably worthwhile.

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  • [–] 2 points 2 months ago (3 children)

    This is sooo ironic. Like you're spending money yo avoid being taxed. Just pay the tax.

    People should setup tax fighting and charge them loads and say yes were going to remove this tax but you gotta pay up.

    Reverse mob mentality. You pay the head fee, no guillotine for you this month Mr billionaire

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  • [–] 2 points 2 months ago (1 child)

    It's not ironic, it's basic math. Based on just the amount the post said he gained, the campaign funding is 1% of what he'd be paying in the tax, even less because that's not his entire net worth.

    That's the math you have to consider with all of these counter-campaigns - the money they're spending will always be less than what they expect to pay, otherwise they'd just pay the tax. That's always the driving force, regardless of what their smear campaigns say.

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  • [–] 9 points 2 months ago

    It's not really about having more stuff. It's about having power relative to other human beings. It's the raw pleasure of dominating and subjugating others, of knowing you can bend others to your will. It's the sickness of the mind which draws to itself kings and oligarchs and plutocrats.

    Persons like you and I are human; we want to uplift our peers and vice versa. We evolved to collaborate. But not all are like this. Some, by whatever mysterious circumstances there may be, become the opposite, addicted to the feeling of power and influence and control, even when it makes their lives objectively worse.

    Unfortunately, there isn't in society the rebellious collective spirit there once was which would summon the energy to defeat them. I love modernity just as much as my neighbor, and to a degree, that's the problem. It is 2026, and I must apologize to Marx in saying that we have too much to lose besides our chains. I don't know how much of each other's suffering we must share until this calculus starts to tip away from inaction. Given that the reaction to impending geoclimate and political doom is, in societal terms, quaint, I'm not very expectant.

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  • [–] 8 points 2 months ago (1 child)

    This type of k shape economy is what ends world Powers. Not just that but the sheer decay from the ground up of our economy. Cut education, less educated population. Out source jobs, people can’t afford to live and are now dependent on government assistance. The loss of the middle class, can keep going

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  • [–] 7 points 2 months ago (1 child)

    Greed is not a sickness. It's a choice. The failure to hold greedy people accountable by any means necessary is also a choice. The real sickness is looking at the state of the world and not being radicalized enough to commit to that any means necessary to hold the greedy bastards accountable.

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  • [–] 6 points 2 months ago

    There are a few discussions and even some studies about the rapid effects of wealth and political power, because they change how other people interact with you, it essentially gaslights you into thinking you're less fallible than the rest of us.

    We can kind of see it between the original Star Wars trilogy (when Lucas still had people able to critique him) and the prequel series (now that ILM was huge and he was ultra-wealthy).

    Twenty-first century billionaires become two degrees of separation removed from commoners at all (except the help they hire themselves), and as Paul Krugman notes, lobbyists are better dressed and more well spoken than nerdy economists. It becomes very easy for a rich due to create a self-aggrandizing information silo, in which every rich-dude intuition and conspiracy theory is affirmed.

    And the one thing that consistently feels good is seeing their assets and selves getting bigger and bigger and bigger.

    So yeah, it really is an illness.

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  • [–] 6 points 2 months ago

    The dragon disease.

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  • [–] 6 points 2 months ago

    Financial obesity is neurotoxic, an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.

    Corporations are the only ‘persons’ which should be subjected to capital punishment, but trillionaires should be forced to transition into billionaires, and billionaires should be euthanised through taxation.

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  • [–] 5 points 2 months ago

    These people are a danger to the world

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  • [–] 8 points 2 months ago*

    He's wrong, greed isn't a sickness, it's a mental handicap. It inhibits the brain from experiencing empathy in people who amass great wealth and power.

    It begs the question, why are we letting a bunch of evil, mentally handicapped people steer the course of humanity?

    You'd think that if you were a doctor, and had a patient that was amassing a collection of any other thing, and that collection destroyed a part of their patients brain... You'd think the doctor (and society et. large) would want to limit the amount of that thing they were allowed to collect?

    Especially if that thing they're collecting could be used to, oh I dunno, I'm just spit-balling here, give everyone universal healthcare, increase public education to include 4 year university, give everyone free childcare, invest massively in green energy and public transportation... you know, instead of just sitting in a Panamanian bank being hoarded by evil, mentally handicapped billionaires?

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  • [–] 3 points 2 months ago

    Billionitis

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  • [–] 3 points 2 months ago

    If you ask them, they need all that money to bring their future vision to life, they can't waste any of it on "petty wasteful spending" like on other people or something.

    The thing is, I think some of them genuinely think the world will be better if they control it, but they're too stupid to make their vision work so it will of course fall apart and they'll die in their bunkers that they never thought they'd actually need to use because it was "just in case"

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  • [–] 2 points 2 months ago

    Billionaire is a disease.

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  • [–] 2 points 2 months ago

    "Sickness" brings to mind something you can catch or be afflicted with it.

    Greed is a moral failing and should be persecuted as such, like they were a murderer.

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  • the sin of avararice..

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  • [–] 2 points 2 months ago*

    You think they're bad now? In five years, several will be trillionaires, and many more will be on the way. Once they get to Trillionaire Status, there is no stopping them. They'll create their own sovereign nation, create an army, and start to control the world.

    They've already staked out their base of operations: Ivanka & Jared's new Albanian island, which is fortified with miles of bunkers, literally built to withstand a NATO attack. It also has the advantage of controlling a strait that is vital to all Eastern European trade. It's the perfect place for a scam(1) of Sociopathic Billionaires to make their HQ, and rule the world.

    BTW, Ivanka was first introduced to the island while she was cruising on a Rothschilds yacht. La-di-da.

    (1) Collective name of a group Sociopathic Oligarchs.

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  • [–] 4 points 2 months ago

    These people have OCD, which manifests itself as financial hoarding. If someone had so many cats that it was negatively impacting the neighborhood, and they were STILL actively attracting and breeding MORE cats, making the neighborhood even worse, the authorities would step in, get treatment for the offender, and find new homes for all those cats.

    That's what they should do with Sociopathic Oligarchs.

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  • [–] 1 point 2 months ago

    Land of the rich, home of the corrupt

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  • [–] 1 point 2 months ago (1 child)

    Hoarding wasn't allowed at one time, in <150 person groups, then came the ever increasing wealth and power inequalities, and the supernatural stories to justify their power, justify the suffering now for later reward and easier than brute force. It's the same systems and people protecting their wealth and keep the majority in artificial scarcity, so they feel frazzled and not much time to ponder these truths, and decide how they want to go forward, keep the indoctrination of the systems or pull back the curtain?

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  • [–] 6 points 2 months ago

    More info: The "frazzled" state you describe is literally chronic cortisol dysregulation — the body's stress response stuck on. Research confirms this drives insulin resistance, visceral fat accumulation, arterial stiffness, immune suppression, gut dysbiosis, and prefrontal cortex damage (impaired planning, impulse control). When someone says "I just can't get my health together," the framework gives them a different explanation: you're running a fight-or-flight response 16 hours a day because the system is designed to keep you in survival mode. That reframe reduces shame and opens the door to action.

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  • [–] 1 point 2 months ago

    From one ( i don't know ) #monney you have it is more like a 'high score' it seems to me. Like a child. I want to have the best score in this game = I want to have the highest monneypile.

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  • [–] -3 points 2 months ago (1 child)

    bernie kinda misses the essence of american culture.

    a bum on welfare is a freeloader because they take and take and contribute nothing.

    what has this guy, sergey, actually contributed to america? we had 34830483048 search engines before google came around.

    when your money makes money you contribute nothing other than offerings to the abstract concept of 'the economy.'

    it's genuinely satanic when you really think about it. we're sacrificing real human lives to 'the economy.'

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  • [+] -8 points 2 months ago (7 children)
  • [–] 3 points 2 months ago* (last edited 2 months ago) (6 children)

    There are regular protests everywhere.
    People on strike and picket lines every day.

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  • [+] 0 points 2 months ago (5 children)
  • [–] 0 points 2 months ago* (last edited 2 months ago) (4 children)

    Roughly 75% of US adults are registered to vote.
    Of those, only half or so actually do vote.
    Of those, only half voted for Rump.
    So we're down to just under 20% of the US being Rump voters.
    And realy about half of those are actual MAGA supporters.

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  • [+] 1 point 2 months ago (3 children)
  • [–] 1 point 2 months ago (2 children)

    Well if you want to shift to Rump supporters instead of actual voters, his approval just hit record lows of only 33%.

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  • [+] -9 points 2 months ago

    Fair share? What California chooses to tax its residents is its business, but the proposed wealth tax claims to apply to non-residents and taxes even those assets they acquired after leaving California. It's a grotesque violation of any reasonable understanding of jurisdiction.

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