ness31 wrote:omg. Everyone loves Warren Buffet
This is a clever thread, well done @Tainari88 .
Thank you Ness31.
My point was to drive home how few human beings on planet Earth get to become billionaires. Most people make much less in terms of income. Yet there are many more geniuses and extreme intelligence humans than billionaires. So it is not about intelligence per se. What is it about? It is about control and management of enormous amounts of wealth, resources and investments.
How does that work? Everyone that is human is limited by certain natural laws. They got to eat, sleep, and have 24 hours in a day. So why do the billionaires have the right to control such enormous amounts of money and or organizational production?
How does the stock exchange work? Why are there publicly traded companies versus privately held businesses? Privately held businesses by the way are way more numerous than the publicly traded companies on the stock exchange. Why?
What qualities of capitalistic production makes something profitable or not?
These sorts of questions should be fully explored?
If you analyze where wealth resides? It is in pooled productive labor and services by vast amount of ordinary workers, who consume, buy and trade and spend most of their hours creating a resource that converts to wealth. But the control is exclusive and the wealth is too. Why?
That is the point of trying to delve into why billionaires exist. There are less than 2,700 or so billionaires in the entire world. But there are billions upon billions of workers. It all the wealth is efficiently used to support life for all people on Earth and not for competing and conflicting interests and loss of access by the most poor to basic needs? You will have always destruction and waste.
There are enormous amounts of evidence to back this truth up. Where there is fighting and the idea of a closed and exclusive system is the one that is adored, worshipped and dealt with? It is not acknowledging the reality that the force of the many will always be the source of any wealth generated. Harness the force of the many for the good of the many. And the standard of living of the many will be raised.
Now, if everyone thinks living like a billionaire is what everyone needs to become? The math says you have a snowball chance in hell of accomplishing it. What should happen that no matter if you are ill, or you have obstacles, and you have needs, and you have problems, and you keep working and you keep struggling and you keep being responsible? Society and all your fellow working people will always be there for you. You are not alone in this world. And never will be.
That is what a person of high morals should be about. How can I live a life where I can help the ones who need me and depend on me? How can I live in a way that reinforces life on planet Earth?
If all we can do is hate any country or people or culture or group that does not share the value of admiring the billionaire class? We will never be able to get to any real balance and any real progress.