By some measures, Musk’s decisions managing Twitter/X should earn him one million lifetimes of homelessness.
I know no one personally who would remain secure after losing billions of dollars, yet I keep hearing that owners take all the risks and workers are always protected from hardship.
Much of our perception is logarithmic, which is predictable, since patterns occur from proportion of quantities. Absolute quantities are meaningless in themselves. Even ten dollars as a quantity is meaningless except through prior experience understanding the value of a single dollar. Every value except the smallest is tenfold greater than some other value of at least some consequence.
Sure. Much of your observations speaks to the more conceptual differences between the millionaire and billionaire with respect to role in society. Workers generate plenty of wealth, more than enough for all to live well.
Billionaires generate no wealth, only hoard the wealth generated by workers.
It feels elusive how anyone could spend so much, but controlling the content of mass media has been of great service for the interests of the Kochs and the Wilkses.
You are probably not vastly different from a millionaire, just someone with less pomp and perhaps pretentiousness than some millionaires may have.
You may even know someone who secretly holds such wealth but feels too embarrassed to make it known.
A billionaire is someone who has the social role of controlling a vast section of society, through private ownership of resources and assets that are needed by others for use.
Since I have a poor memory, would someone please remind me why it is harmful for the working class to continue allowing production to fall under the consolidated control of oligarchs?
I know there must be some reason, but I seem to keep forgetting.
