What would the world look like if billionaires actually helped the people?
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You wouldn't see any billionaires.
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Society if billionaires actually helped the people
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This is an interesting conundrum, actually. The big question at its core being:
Can you ever do enough good through philanthropy, so that it offsets the damage you had to do, in order to become a billionaire? Can even all the billionaires in the world do enough good with their money, to offset the damage done by a system, that allowed for them to become billionaires?
I, personally, don't think it is possible.
To give an actual answer: The world would definitely be better, but unless those billionaires collectively used all the power their money provides, to do away with money and the possibility of billionaires altogether, I don't think it would amount to all that much.
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Society if billionaires actually helped the people
what's the point of walking a robot dog? couldn't it walk itself or just stay indoors?
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"Billionaire" means "person who can direct large amounts of the means-of-production"
The left wants to tax those people and put the MoP back under democratic control.
So if they used their control the way the People would it'd looklike socialism. But that's a hypothetical because that's not their self-interest.
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what's the point of walking a robot dog? couldn't it walk itself or just stay indoors?
What is the point of feeding a tamagotchi?
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what's the point of walking a robot dog? couldn't it walk itself or just stay indoors?
Verisimilitude
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You wouldn't see any billionaires.
I don't think I've ever seen a billionaire IRL.
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I don't think I've ever seen a billionaire IRL.
The 600 series had rubber skin. We spotted them easy.
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I can't even imagine what color the sky would be in that world...
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The Owenites and other Utopian Socialists of old would rise from their graves, vindicated at long last for, against all odds, finally succeeding.
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There are near 800 billionaires in the USA. Assuming all only have $1 billion dollars and it is all invested, applying the "4% rule" gives a sustainable $40 million each per year. With $10 million to personally spend, that gives $24 billion a year for charity and public works.
I failed to find a list of the costs to solve various issues. Homelessness could be solved in a couple years.
The numbers provided are just a starting place. Many problems are extremely expensive. Actually working to solve them would help.
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I don't think I've ever seen a billionaire IRL.
The do this on purpose. Chelsea Fagan from The Financial Diet had a great video about this
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There are near 800 billionaires in the USA. Assuming all only have $1 billion dollars and it is all invested, applying the "4% rule" gives a sustainable $40 million each per year. With $10 million to personally spend, that gives $24 billion a year for charity and public works.
I failed to find a list of the costs to solve various issues. Homelessness could be solved in a couple years.
The numbers provided are just a starting place. Many problems are extremely expensive. Actually working to solve them would help.
But if you go by net worth Elon alone has like 350-400 billion. Zuckerberg, Buffet, Gates all have many billions. I see where you're coming from but they could really help society, like curing hunger levels of help and the worst part is... They'd still be filthy rich. So as far as quality of life, it wouldn't even cost them anything.
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We don't have the supply to fill the demands to simply throw all billionaires money into solving every crisis. That is why wealth inequality is so vast. Dollars are a made up system. In its raw form it's just paper. Backed by the govt. Where as it used to be backed by the gold standard which is why we hoard so much gold. That is a real tangible asset. Paper is just paper.
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what's the point of walking a robot dog? couldn't it walk itself or just stay indoors?
Maybe it's walking the human?
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Generally, everything would just be plain better as their dragon hoards are actually spent, and they dont hoard GDP from the rest of us. But you'd probably see a public service boom wherever they invested, and you'd likely see a lot less people struggling with anything from bills to food to even entertainment.
Its not a dragon hoard, its the perceived value of their companies.
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We don't have the supply to fill the demands to simply throw all billionaires money into solving every crisis. That is why wealth inequality is so vast. Dollars are a made up system. In its raw form it's just paper. Backed by the govt. Where as it used to be backed by the gold standard which is why we hoard so much gold. That is a real tangible asset. Paper is just paper.
We don’t have the supply to fill the demands
What makes you say that? Making food and housing and medical care for everyone isn't impossible
