top 72 comments

sorted by: hot top controversial new old
[–] 104 points 4 months ago (20 children)

What was the figure? All it would take to end world hunger is 500 billion or something like that? Half one person's weath?

What sort of person has that amount and decides not to end world hunger.

  • source
  • hideshow 20 child comments
  • [–] 30 points 4 months ago (3 children)

    Hunger is a political problem, not a money problem. You can't just say "here are X billion dollars, let's end world hunger". Having said that, the system that allows people like Musk to get that rich, is also the same system that creates hunger.

  • source
  • parent
  • hideshow 3 child comments
  • [–] 22 points 4 months ago

    Here in the good ole USA money and politics are the same thing. If you have the political will, you can get the money and if you have the money, you can but the political will.

    That said, didn’t Elmo have a beef with the fucking United Nations because he said he’d pay the 6 or 7 billion to end world hunger if the could prove that it’s possible and then they produced a detailed plan and he quibbled and but-akshually’ed his way to a reneg because he never intended to do jack shit for anyone other than himself?

  • source
  • parent
  • [–] 19 points 4 months ago (5 children)

    Not defending this worthless sack of shit but I'm certain he doesn't actually have that much money

  • source
  • parent
  • hideshow 5 child comments
  • [–] 14 points 4 months ago (4 children)

    I mean it’s all tied up in stocks and if he wanted to liquidate it, all he’d lose control over all his companies and the sudden sell off would collapse the company stocks and probably destroy the world economy.

    It looks very impressive on paper though.

  • source
  • parent
  • hideshow 4 child comments
  • [–] 5 points 4 months ago (2 children)

    Someone should dare Elon to do this.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 12 points 4 months ago (1 child)

    They did.

    in 2021

    https://www.cnn.com/2021/11/18/tech/elon-musk-world-hunger-wfp-donation

    https://mashable.com/article/elon-musk-solve-world-hunger

    except it was 1/6 of his worth (6.6b$) instead of half, and we he did nothing they left the plan public and called for wny other billionaires to do it.

    And since you're hearing about it here, guess who stepped up to do it?

  • source
  • parent
  • hideshow 1 child comment
  • [–] 7 points 4 months ago

    What it would really take to end world hunger is massive systemic change that’s actually pretty straight-forward but is fought by every single person who loves a deaperate workforce and their insane conservative followers who believe that their greatest enemy is a hungry person.

  • source
  • parent
  • [+] -3 points 4 months ago (4 children)
  • [–] 2 points 4 months ago (3 children)

    Yes. Thank you. We're all aware of that, but pretty sure he could sell even 10 billion a year and fix it.

  • source
  • parent
  • hideshow 3 child comments
  • [+] -2 points 4 months ago (2 children)
  • [–] 1 point 4 months ago (1 child)

    We were talking about world hunger, but k. You're obviously trying to pick a fight here on what was obviously not a concrete plan. I'm not sure if you noticed but I'm actually not an expert and don't haven't a 32 part plan on how to solve it. Instead pointing out the obvious fact that the man is worth more than the gdp of many nations and how none of that will go to help others, but please keep telling me how the idea of him helping is silly.

  • source
  • parent
  • hideshow 1 child comment
  • load more comments (1 reply)
  • [–] 41 points 4 months ago
    [–] 40 points 4 months ago* (3 children)

    I don't consider him a trillionaire. The stock he holds is of an unprofitable company. If he tried to hold a trillion dollars in his hands by cashing out on the stock, it would plummet, who would buy that at that price without the hype? If he cant hold a trillion dollars in his hands, how can he be a trillionaire? Its purely speculative.

    It's like some ancient king claiming to be a trillionaire because a lot of people believe that there's a ton of gold in his kingdom - without good evidence. There's no guarantee he'd be able to mine enough gold to become a trillionaire, so why call him that?

  • source
  • hideshow 3 child comments
  • [–] 2 points 4 months ago (2 children)

    When it comes to leveraged loans for buyouts, it's the same difference.

  • source
  • parent
  • hideshow 2 child comments
  • [+] 3 points 4 months ago (1 child)
  • [–] 1 point 4 months ago

    If you owe the bank $1,000, that's your problem. If you owe investors $1,000B, that's their problem.

    One would think that investors are smart enough to know that this is a shell game. I think what we're seeing is that they believe they have won the quiet war of capital vs humanity and are no longer afraid of consequences.

    We've all 'bought in' via 401k, HSA plans and other retirement 'vehicles' and they think we can't bite the hand that feeds. Crashing this 'line-go-up' would mean we lose "money" too.

    And they may be right... but I think we're rapid approaching a point where that hand no longer feeds, and that hand is quite close to the head. If $1T of this fake money disappeared overnight, the cash in my wallet would become worth a lot more; or we'd switch to trading in bottle caps. The techbros found the infinite money glitch and are printing virtual currency at the cost of real people who will eventually notice and turn on them.

    They are even taking away our circuses: My decade-old computer has literally APPRECIATED in value over the last 12 months and the industry that created the products that are being traded right now has completely pivoted away from the consumers that made it. I can't afford to replace the parts I currently have if they fail.

    Even people who don't call themselves gamers will feel this squeeze when their current iphone battery degrades, can't be easily replaced, and the new model with no actual value-add beyond battery costs $5k because silicon is all tied up in some useless datacenter no one can afford to access. Oh, and you need a phone to respond to a captcha so you can apply for food stamps, a job, or interact with the chatbot that is gatekeeping whatever else you have to do to survive.

  • source
  • parent
  • [–] 30 points 4 months ago* (6 children)

    Amazing how in the two years since Trump took office for his second term, his wealth has grown 5x.

    Five. Fucking. Times.

    He was worth scantly less than 200B back in 2024.

    In 2025, he went up to 342B. What is that like 75%?

    And how 3x since last year.

    Man everyone thought he was crazy for buying twitter. Him, Zuck, Bezos, and Ellison need to be first in line for the guillotines.

  • source
  • hideshow 6 child comments
  • [+] 3 points 4 months ago (5 children)
  • [–] 3 points 4 months ago (4 children)
  • [–] 1 point 4 months ago (2 children)

    Seriously? Is it so hard to conclude that they are not talking about you and I as individuals?

    Cmon.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 3 points 4 months ago* (1 child)

    The loose "we" is garbage terminology used to implicate everybody in the crimes of a few.

    Who is "we"? Who are they talking about? People here? There's at least three of us who aren't part of that "we". Me, you, and the person above.

  • source
  • parent
  • hideshow 1 child comment
  • [–] 0 points 4 months ago

    Part of the problem is that is really is "we".

    I haven't dug in, but I have a 401k, a Roth IRA and a HSA. I don't directly control how those mutual/hedge funds invest, I just get a slice of them. Historically, that's been a good way to be "diverse", a funny word in our current political climate, and be protected from one area or company suddenly failing.

    With the spacex and incoming google, anthropic and openai stocks coming at us, I cannot imagine that I won't end up, or already own, a tiny share of these companies. My 401k contribution next month will almost certainly go towards a fractional share of spacex.

    I haven't looked recently, because I'm tired, but I doubt I even have an option to choose a non-techbro fund via my retirement operator, who I have to deal with because they are contracted by my employer.

    Sure, I could manage my investments myself, but that takes time, energy and money that I'm already spending on my living. I just get the choices of assorted Vanguard funds, all defined by when I hope to retire! It all depends on how much food costs next month at this point. I couldn't even find a way to see the specific stocks my fund was currently holding -- this data is hidden from us plebeians.

    If YOU are certain you haven't invested in spacex, the only way is if you manage all your stock market exposure, which puts you in a pretty rare place.

    For me, I'm probably holding a tiny amount of spacex now and I hate it and I had no choice. The only other choice is to stuff the cash in my mattress, but even that paper will be worthless when this shit hits the fan.

  • source
  • parent
  • [–] 19 points 4 months ago (4 children)

    That's almost 1.3 million per homeless person or 55k for 18 million people to eat

  • source
  • hideshow 4 child comments
  • [–] 1 point 4 months ago (3 children)

    even distributing all his wealth between homeless people or people without food won't really solve anything

  • source
  • parent
  • hideshow 3 child comments
  • [–] 5 points 4 months ago (2 children)

    No it wouldn't but I'm just putting into perspective how much money that really is. It's disgusting.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 17 points 4 months ago* (1 child)

    The difference between a billion dollars and a trillion dollars is roughly a trillion dollars...

  • source
  • hideshow 1 child comment
  • [–] 4 points 4 months ago

    I remember when the National debt in the US was 7 trillion, and people were talking about it at the time about how enormous that number was, and how people couldn't conceptualize it. Now we have a singular person in our midst who could singlehandedly clear up 14% of that. And our current national debt is like 40 trillion now?

  • source
  • parent
  • [–] 14 points 4 months ago

    What's funny is that $1,000,000,000,000 is enough to give 18,000,000 families of four $35,000 (slightly above the us poverty live for a family of four), and still have over $350,000,000,000 left.

    Edit: maybe funny isn't the right word....

  • source
  • [–] 13 points 4 months ago

    Financial obesity is 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.

  • source
  • [–] 10 points 4 months ago

    May the same worms eat him.

  • source
  • [–] 7 points 4 months ago

    It's not a moral failure, its a systematic failure; everybody suffers

  • source
  • [–] 7 points 4 months ago

    The Billionaires have captured the system and the average person has no awareness or care.

  • source
  • [–] 12 points 4 months ago

    Or the fucking millions that just lost healthcare for billionaires to have more tax breaks

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

    What is she referring to when she says “changed the rules?” The rules of basic human decency, or something more concrete?

  • source
  • hideshow 2 child comments
  • [–] 10 points 4 months ago* (last edited 4 months ago)

    The ipo rules, they were going to ignore a bunch of rules and just go but I heard they changed their minds and will actually apply the rules so the spacex ipo shouldn't be anytime soon. Same for anthropic and openai.

    Edit: I think the s&p500 specifically.

  • source
  • parent
  • [–] 10 points 4 months ago

    I would assume it refers to lots of things, starting with this:

    and then things like the corporate tax rate, capital gains, inheritance, lack of anti trust enforcement, reducing labor protections, deregulations, wide spread wage theft, regulatory capture, etc. etc.

    Like , you can say 'what rules? ' and there's no one rule or set of rules that changed to enable a trillionaire, but there have been a plethora of systemic changes to favor those in power over time, and allow for more exploitation and less accountability.

    That may or may not be what she's referring to, but it's how I take it.

  • source
  • parent
  • [–] 5 points 4 months ago

    If you use twitter you are directly to blame. Stop upvoting twitter repost, upvote serious posts that calls out elon musk not memes.

  • source
  • [–] 5 points 4 months ago* (2 children)

    I don't know what this person is on about. "Doing nothing"? In the last year and a half several steps have been taken to make the lives of those 771k and 18mil peoples much worse.

  • source
  • hideshow 2 child comments
  • [–] 5 points 4 months ago

    all those times when I said we should just kill him and people kept saying that it would just go to his kids or other people. well now it's way way more.

  • source
  • [–] 4 points 4 months ago*

    The world seems to be owned by Musk, and he really REALLY doesn't like poor people. This is the same klepto grifter who suggested a political party for only the middle class.

  • source
  • [–] 4 points 4 months ago

    “I have a hemorrhoid. It’s like an infected blood vessel on your ass. I’m nine years old, and I have a hemorrhoid, Stan. I have a hemorrhoid, and, Cartman has his own theme park.”

    Millions are homeless and starving, but hey someone got a trilly!

  • source
  • [–] 5 points 4 months ago (4 children)

    Monopoly the game was invented to describe literally this

    When y'all gonna flip the board

  • source
  • hideshow 4 child comments
  • [–] 2 points 4 months ago

    When y’all gonna flip the board

    I'd argue that the cratering fertility rates is flipping the board.

    And sure enough, ole Musky boy is acting like an entitled crybaby about it too, as if people owe it to him to crank out more.

  • source
  • parent
  • [–] 2 points 4 months ago

    Not to mention the entire fucking world

  • source
  • [–] 2 points 4 months ago

    Capital punishment should be reserved solely for trillionaires.

  • source
  • [–] 1 point 4 months ago* (last edited 4 months ago)

    The billions these monsters are taking in comes from somewhere. The oligarchs are using the middle class for their personal piggy bank, while America self-medicates with cheap beer and reality shows.

  • source
  • [–] 2 points 4 months ago

    While I agree it is a moral failure it also seems like a direct attack on the populace. Did they go to war with the populace and not tell them? Let them make a formal declaration of war against their own citizens then see where all the shit falls. "/s" but not "/s".

  • source
  • [–] 2 points 4 months ago (1 child)

    I think they're leaving out a whole lot of homeless, there's no way it's only 770K

  • source
  • hideshow 1 child comment
  • [–] 2 points 4 months ago

    How can we call him a trillionaire if the wealth is effectively imaginary. If it isnt imaginary l, tax it.

  • source
  • [–] -3 points 4 months ago (3 children)

    Nothing you can do about it. Don't waste your time complaining, choose to appreciate what you have.

  • source
  • hideshow 3 child comments
  • [–] 3 points 4 months ago (2 children)
  • [+] -10 points 4 months ago*

    A guy is given money to build rockets. If he used it to feed the hungry and house the homeless, it would be fraud. His unwillingness to steal isn't a moral failure on his part.

  • source