If their money is in stocks and investments, that means they are investing in companies which employ people. Lol at calling that “hoarding” let alone that its their own money to spend it on solid gold rocket cars if they wanted. A man making a product that a billion people choose to buy for $1 each, is not the reason you are poor.
That’s not really how it works though. The money you pay for stock goes to the person you bought the stock from not into the company to pay the employees
No, unless a company releases new stock options that are diluting the value of the current shareholders, the money doesn’t go to the company, it goes to the shareholders that sell the shares. Their money doesn’t create employment, it realises the capital gain of other investors. And companies don’t want to dilute the shares as their sole purpose is to increase shareholder value. And even though they sometimes do, it’s pale in comparison to stock buybacks which are exactly the opposites, removing money that could be used for R&D or for workers and raising the imaginary value of their company by inflating investors shares.
A man cannot develop and maintain a product that made a billion. He has to employ people. And if he does not exploit them for their surplus labor value, he CANNOT become a millionaire
A man paying another man to make a produxt for X and then selling for Y does not mean “exploitation”, and if it did, good. Somif you want to define that scenario as oppression, then nobody cares about your meaningless word.
It’s not their money. These people have 5 aces in their hand. They cheat and then instead of golden rocket cars, they buy the media, our politicians, and secret compounds where they brainstorm how to dismantle democracy and start cults.
It’s just that the cheaters that top the leaderboard also know how to play the game, so they overlap legitimate investors and business owners. Musk and friends don’t need to cheat every hand because the deck is already stacked in their favor.
they like to hoard it, and use other peoples money thats why. thier net worth is actually in thier stocks/investments for the most part.
If their money is in stocks and investments, that means they are investing in companies which employ people. Lol at calling that “hoarding” let alone that its their own money to spend it on solid gold rocket cars if they wanted. A man making a product that a billion people choose to buy for $1 each, is not the reason you are poor.
That’s not really how it works though. The money you pay for stock goes to the person you bought the stock from not into the company to pay the employees
No, unless a company releases new stock options that are diluting the value of the current shareholders, the money doesn’t go to the company, it goes to the shareholders that sell the shares. Their money doesn’t create employment, it realises the capital gain of other investors. And companies don’t want to dilute the shares as their sole purpose is to increase shareholder value. And even though they sometimes do, it’s pale in comparison to stock buybacks which are exactly the opposites, removing money that could be used for R&D or for workers and raising the imaginary value of their company by inflating investors shares.
2/10 trolling; nobody is this stupid.
I accept your resignation from the debate.
A man cannot develop and maintain a product that made a billion. He has to employ people. And if he does not exploit them for their surplus labor value, he CANNOT become a millionaire
A man paying another man to make a produxt for X and then selling for Y does not mean “exploitation”, and if it did, good. Somif you want to define that scenario as oppression, then nobody cares about your meaningless word.
To become a millionaire, you need to exploit your workers for their surplus labor value ie. be a thief.
It’s not their money. These people have 5 aces in their hand. They cheat and then instead of golden rocket cars, they buy the media, our politicians, and secret compounds where they brainstorm how to dismantle democracy and start cults.
It’s just that the cheaters that top the leaderboard also know how to play the game, so they overlap legitimate investors and business owners. Musk and friends don’t need to cheat every hand because the deck is already stacked in their favor.