this post was submitted on 14 Jan 2024
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It's not that nobody deserves a yacht, it's that capitisim gives yachts to the wrong people. My middle school librarian deserves a yacht, my 9th grade science teacher deserves a yacht, Jefferson Bezoar does not deserve a yacht.
It's not that Bezes doesn't deserve a yacht. It's that he doesn't deserve 176.9 million of them. If all money in the US was distributed equally then everyone in the US could have a small yacht. But of course we can't be ignoring the rest of the world.
If money was distributed equally among adults in the US, everyone would make around $90k/year income. Not enough to afford a yacht. Not even enough to afford a house in some parts of the country. That's kind of mind blowing to me.
However, if that's to every adult, then couples would be making $180k combined, with which they might be able to save up for a yacht or a house
My household income is $180k and we are definitely not yacht rich, and our house is very modest. I'm in one of the most affordable cities in the US.
Fair enough