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And that's why we should eradicate billionaires.
(lemmy.world)
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this post was submitted on 08 Sep 2023
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Antiwork
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We're trying to reduce the numbers of hours a person has to work.
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We talk about the end of paid work being mandatory for survival.
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I can't imagine having that much money and not sharing. I daydream about winning the lottery so I can just help people in need. My community would be helped so much if I could do it, we have people living in tents in parks in the city. I could get them housing and pay their rent and barely make a dent in wealth.
A guy I know wrote banking software decades ago. He was a billionaire at one point. Almost all his money is his company. He can fire the entirety of his company which is about 200 people and give everyone on earth about five cents. Now no one's lives have been improved all that much as they got five cents but those 200 employees are out of a job and the middle aged ones might never find an equivalent job. So should this guy destroy 200 people's livelihoods to help a very little bit once?
The above is not just true for the guy I know. It is true for most wealthy people. They aren't sitting on cash. They own things that produce wealth like companies or real estate. There are consequences to liquidating your wealth.
Lots of people have the dream you have. If you look into how to best impact unhoused people you might be surprised to find it is a lot more complex than just handing out money to people.
I'd still try. I'd still do something.
Most do something but most can't just give away everything.