'no room for billionaires in an ethical society'
@thehistorywizard Replying to @fhdjdhdhdh2 Eat the rich. #thehistorywizard #historytiktok #edutok #learnontiktok #wizardcommunism ♬ original sound - The History Wizard
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Stephen Johnston
9 months ago
This is just a well phrased pro-marxist viewpoint. It doesn't prove anyone is evil. It also hides anti capitalism viewpoints as "facts" inside it. Overall, it's a well spoken, but bad, argument. Marxism and socialism are garbage philosophies that end up with far worse forms of billionaires at the top of their heap.
shting
9 months ago
I think disproportionate wealth accumulation existing to the extent that being a billionaire is not seen as an abhorrent affront to the betterment of those under any economic system is more of a problem than anything.
James Northrup
9 months ago
One part that I found perplexing is where he said that money sitting in billionaires' investment funds doesn't provide anything of value to society; uh, it provides investment. Then the part where he said that if you earned $5K per day starting at the time of Columbus's voyage, it would take you 547 years to earn a billion dollars. Why does it matter when you start? It takes 547 years regardless of when you start; Columbus has nothing to do with it. Then he said that billionaires are (somehow) taking 50% of employees' labor value, when the most one could argue is that billionaires are (somehow) taking 50% of the *increase* in their labor value since the start of that time period. Like, even his math doesn't make any sense, much less his explanations of the math.
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