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Billionaires are bad not because they're billionaires but because most of them become billionaires by exploiting the workers.
I don't think Swift's money come from underpaid workers
They are bad because they're billionaires though.
That kind of wealth concentration is disruptive of the entire economy and social structure.
Imagine playing poker with $10 worth of chips against someone with $100,000; the game is rigged in their favor regardless of how they got the money.
I dont imagine her touring musicians and engineers get paid that well...
Do you have any reason to believe that they get significantly less salary than the median on the market? And that difference is enough to make billions?
You may be shocked to discover that the market median isn’t appropriate and folks who benefit off of it are similarly doing bad to the social contract.
The thing is that the worker's salary is not in any means proportional to the money earned at the top. Disparity is the problem.
I know a guy who was on her lighting crew. He left to do HVAC because of pay.
How much is she charging her fans to attend shows…
I think Bezos's ex is an example of how you can become a billionaire ethically. From what I've seen she's been donating a ton of money directly to charities with no strings attached.
Well, I'd actually say it's unethical that she didn't take more of his money.
Wasn't she a large part of amazon before the divorce though? I mean yes I can look at it and see she's doing far more good with her money than most billionares. But it doesn't change the fact that the money came from exploited workers. She participated in exploiting billions, and is actually following through on the pledge to give half of it back.
She came from a wealthy family.
You can’t amass that much money and remain a decent human.
Try me :)