this post was submitted on 01 Dec 2024
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When we say billionaires are evil, this is mostly what we mean. Inaction is just as bad as bad action, if you have the means.
There have been a handful people (ex-billionaires) who apparently got the message and decided that a few hundred million was more than enough for them and gave the rest away (and actually did it right away instead of in a "pledge" when they die so their children can curate the non-profits that will inherit their billions). Mckenzie Scott is one.
I think there's also a component of if you have earned enough money to be a billionaire you have to have been doing some level of exploitation since a billion is such an unfathomably big number. You're either like Bezos where you exploit your workers to make big profits or you're like Musk where you exploit the government for subsidies and contracts.