No one is forcing you to work
No one is forcing you to work
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274 comments
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What does that have to do with anything? Just because the wealth is on paper doesn't make it any less real.
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It matters because people suggest that Bezos et al "hoard wealth" which is both untrue and impossible with the way their wealth is calculated.
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But they are totally hoarding their on paper wealth. It's impossible to end up with $200 billion without intentionally hoarding it.
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That's not true at all. Bezos, for instance, is worth so much solely because Amazon is worth so much. It has nothing to do with his personal spending habits whatsoever.
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Bezos is the CEO of Amazon, he can definitely take some of the credit/blame that it's worth so much and that he has such a large stake. He could cash out at any point, but he chooses not to, aka hoarding.
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... what exactly do you think would happen to Amazon's stock value if Bezos cashed out?
And how exactly is owning a company "hoarding"
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It would drop a bit, depending on how he handled the PR. Anyway, then he could donate 99.99% of his wealth and still have far more than any of us will ever have in our lives. But he doesn't, because he's hoarding it.
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Dude there's nothing else to say but you literally do not know how wealth actually works
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274 comments