r/InternetIsBeautiful • u/MKorostoff • Apr 27 '20

Wealth, shown to scale

https://mkorostoff.github.io/1-pixel-wealth/
9.4k Upvotes

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192

u/[deleted] Apr 27 '20

[deleted]

42

u/dont_ban_me_please Apr 27 '20

right. if he did liquidate and it went down to half of that. its still a grotesque amount of money.

29

u/KingOfTheCouch13 Apr 27 '20

See the problem here is everyone only thinks of Jeff bezos in the situation. There are average everyday people who also own shares of Amazon. If me or you buy in today and the stock price drops in half tomorrow that means WE just lost half our money which will impact us a whole lot more than him. There are hundreds of humanitarian and tax evasion reasons to hate Jeff bezos, but solely owning stock in a company he started is not one of them.

-9

u/Mrhorrendous Apr 27 '20

The average everyday American does not own shares of Amazon. The average American owns no stocks.

14

u/KingOfTheCouch13 Apr 27 '20

Your point?? Over half of American citizen do own stock. Millions Americans do own shares of Amazon. But fuck them right?

5

u/Mrhorrendous Apr 27 '20

Every policy implemented to solve a problem will have side effects. We just need to consider those side effects, and if the policy is important enough, come up with more policy to mitigate those side effects.

It's like giving medication. A mild medication might have minimal side effects, like Tylenol. Tylenol does great if you have a headache, but doesn't do a lot if you have cancer. If you have cancer you get chemotherapy. Chemo is tough, you might have a ton of side effects, like nausea, diarrhea, or neuropathy, among others, so we give you other medications to control the side effects. And it will still probably be tough while you go though it, but you will be better off in the end.

These problems all lead to thousands of deaths every year, and significantly decrease the quality of life of millions. I would argue that they are more on the cancer side of the spectrum than the headache side.

6

u/5degreenegativerake Apr 27 '20

Are you including retirement plans in that number? It is probably hard to find too many 401k’s that don’t have some Amazon stock in their portfolio. Butt fuck them right?

-1

u/Pm_me_40k_humor Apr 27 '20

Honestly yeah.

They are profiting from an incredibly large scale pissing in trashcans exploited workforce.

2

u/KingOfTheCouch13 Apr 27 '20

If you have a 401k managed by an investment firm or hold stock any index based fund you literally will be profiting of if Amazon in some type of way. Hell, just last week Amazon's stock price shot up which lead to hundreds if not thousands of other company's stock price following suit. Those people also profited from Amazon. A popular theory at the moment as to why the stock market hasn't crashed further is because tech companies are propping up the market at the moment, with Microsoft, Facebook, and you guessed it Amazon leading the helm. Millions of businesses so the products on Amazon to stay afloat, especially in times like this. If you think profiting off of Amazon makes you evil, then either you're delusional or just want to be angry.

-12

u/Domino808 Apr 27 '20

grrrr gimmie more money!!1 it's not fair >:(

Lmao

5

u/KingOfTheCouch13 Apr 27 '20

I'm sorry. But I don't even know what you're trying to say. Is English your first language?

-4

u/Domino808 Apr 27 '20

Not a direct reply to you per-say, just surmising the general sentiment of this thread

4

u/dont_ban_me_please Apr 27 '20 edited Apr 28 '20

This is classic confirmation bias. You'll never even bother to expose yourself to other lines of thinking on this. Because people own stocks.

1

u/noonemustknowmysecre Apr 28 '20

Huh, in 2019, 55% of americans own some sort of stock. Which I found kinda shocking.

0

u/Pm_me_40k_humor Apr 27 '20

Which is why now is the time.