There is the larger argument to be made that there is no ethical accumulation of wealth, of any amount, under capitalism; even the passive investing in an index fund is dependent on the choices billionaires make upstream. Much depends on where one draws the line (probably below billionaire status).
Reposted from
Defund-and-Abolish (Rayanne)
John, I don't believe one can make it to billionaire status and be what the rest of us would consider decent.
Comments
They had no help from cats or dolphins FWIW 😅
You get a trophy from the bank and a plaque that says you won capitalism. Then every penny after goes somewhere else.
asking bc I've always been sort of charmed by the idea
Renovations are done now and it's great.
I know literal dozens of people making seven to low eight figures who think they are closer to being a billionaire than they are to being homeless. It's a farce.
the bedroom was the choir loft! stained glass and all! THE DREAM
That said, EVERY church/castle/whatever for sale needs renovation and the cheaper it is the more reno it needs; our reno budget was 2X what we bought the church for. And heating big open spaces... well.
*as individuals; societal-level stuff is diff.
This argument of investment or accumulation of wealth (directly in property or indirectly in financial assets) can also be applied to everyday purchases as well.
This isn't an ethical acquisition.
However, those who think about the consequences of their investments or purchases are not likely to be billionaires anyways
My take: make the best decisions you can live with that helps your loved ones and your community.
If you're worth more than a billion, you get put on a list.
It's legal to hunt anyone on the list for sport. Take them out, and you get their assets.
You then have a year to no longer be a billionaire, or... on the list
I want enough money that me and my Bunny can eat and have a roof over our heads, and that I can draw and write every day.
Everything above that should go to those who don't have that.
We can wildly improve the world by reducing the number of billionaires first, and fix Grandma's mutual fund account a little later...
Building companies that provide goods and services to the world, scales. That (or inheritance) is how you become a billionaire.
The world thinks it's better with those goods and services.
"Decent human being" optional.
Certainly not to the point of embracing outright criminality as we do now.
What we could do is argue for much stronger requirements in those regulations, but those have traditionally been used for racism...
Because if not, then her wealth generation is reliant on a pretty unethical system, even if she didn’t personally do any bad stuff. And she enriched a lot of other people on the way who did.
And no I do not think Dolly Parton is a bad person.