You are viewing a single thread.
View all comments View context
12 points

That’s established economic science. Billionaires cannot possibly create added value to account for their wealth, just as you or I cannot become billionaires at the sweat of our brow. These people end up billionaires for being at the giving end of an oppressive labor system, and often, of untaxed inheritance.

permalink
report
parent
reply
-2 points

this is not established economics. It’s labor theory of value derived by Marx that was never fully accepted, and was thoroughly debunked like 80 years ago at the latest.

permalink
report
parent
reply
-2 points
*

Maybe look up definition of wage theft first. The one most people use.

In addition:

Billionaires cannot possibly create added value to account for their wealth, just as you or I cannot become billionaires at the sweat of our brow.

  1. Value and create in this context is mostly subjective.
  2. Ever since internet and software became a thing, they can. It is absolutely possible for one person to create sw worth billions.
permalink
report
parent
reply
7 points
  1. Ever since internet and software became a thing, they can. It is absolutely possible for one person to create sw worth billions.

Name one thing that one person created that became worth billions. Something that is rightly credited to a single person.

permalink
report
parent
reply
-7 points
*

Google is rightly credited to two people and valuable enough to make both billionaires.

World wide web is credited to a single person, idk if rightly. It is probably the most valuable piece of sw in history, despite being given away for free. Even if it was really made by a decently sized team, would be billions in value per person.

permalink
report
parent
reply

memes

!memes@lemmy.world

Create post

Community rules

1. Be civil

No trolling, bigotry or other insulting / annoying behaviour

2. No politics

This is non-politics community. For political memes please go to !politicalmemes@lemmy.world

3. No recent reposts

Check for reposts when posting a meme, you can only repost after 1 month

4. No bots

No bots without the express approval of the mods or the admins

5. No Spam/Ads

No advertisements or spam. This is an instance rule and the only way to live.

Sister communities

Community stats

  • 12K

    Monthly active users

  • 2.7K

    Posts

  • 53K

    Comments