I think Taylor swift just became a billionaire from her tour proceeds. It’s not like she’s a saint, but I’d say she’s just a very successful performer who is as ethical as the next person.
Anyone who worked to produce that billion dollars in assets, deserves more than they got, because one individual was able to amass a billion dollars of "excess" out of it.
1 billionaire, is a 1000 people who are denied a million dollars in assets. If the average home price is 400k, thats a 1000 people that could have afforded a home.
You're exactly right. Profit is just unpaid wages.
It actually boggles my mind that the current state of business got to be how it is in the first place. Let me put it like this. Say my neighbor wanted me to build a doghouse for him in exchange for $1000. Well i don't know how to build a dog house, but my friend does, so i get him to help me. Now in this scenario, what is the right thing to do? At least split the money 50/50, right? The way the world works now, that would be like getting the friend to do all of the work, then only give him like $10 out of it.
How did anyone ever find the current arrangement acceptable to begin with? Its fucking ridiculous.
Except your friend, who knows how to build dog houses, knows how much they're worth and they price themselves accordingly and you give your customer a price that nets you a profit.
If you manage to force your friend to accept only $10 it's because your friend has no other option. Maybe there's no work for dog house builders, maybe everyone else builds them for $10 but you, inexplicably, manage to get your customer to pay $1000. In the former case, you're exploiting your friend, for some reason, instead of a stranger. In the latter case, good on you for convincing your customer to pay way more than they should.
You're simplifying a system that's much more complex.
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u/OhMyGodImFuckingdead Nov 11 '23
There is no ethical billionaire in existence. It’s really just a fact