You people always have very stupid expectations of the rich.
That man could have been getting paid well but he will have 11 children which makes it impossible for whatever he was earning to reflect in his life.
You people should set up your own companies and give all your profit to your employees so you can be seen as kind people.
It is easy to be on the sidelines and have expectations. Get your skin into the game and do that thing you have always wanted rich people to do for their employees.
Float your own company and buy your head of in-house security a Rolls Royce with a monthly salary of a million dollars. Leave cho cho cho.
Assume the movie had flopped and the director lost his entire $750,000 investment. How many crew members would have voluntarily returned their fees to help offset his loss?
This is the fundamental asymmetry in risk and reward. When someone puts up their own capital and shoulders the real financial risk especially in a high-failure industry like entertainment they alone bear the downside.
Yet the moment the project succeeds, suddenly everyone who was paid upfront wants a bigger piece of the pie. The same people who would not have shared in the loss now feel entitled to share disproportionately in the upside.
If you accept payment for your work regardless of outcome, you’ve already been compensated for your risk (or lack thereof). Why should the person who risked everything not be allowed to reap the rewards when their gamble pays off?
I find the "socialism vs capitalism" discourse absurd bc 99% of people on the socialism side have not the faintest grasp of economics. They're like little children. This also applies to people in policy who likely do understand things, but pretend not to to score points w/idiots
Reminder that Thomas Sowell once offered a prize to ANYONE who could cite a SINGLE ECONOMIST who endorsed “trickle down theory”. No one took him up on that offer. It’s just a straw-man anti-capitalists came up with.
If the socialists had their way, Elon would have had his paypal profits taken and redistributed for the greater good.
The world would never have seen Tesla, nor SpaceX.
And the world wouldn't know it, because they were uncreated, and thus unseen.
Imagine the companies that don't exist, because Washington destroyed them before they were born.
Nigerian socialists are the weirdest thing to exist 😂
Your country has almost zero productivity and you're anti capitalism.
You're pro handouts already in a country that needs hand-outs.
Socialists look at wealthy men buying politicians and conclude the problem is the market.
Then they propose giving politicians even more power over wealth.
It's a bit like noticing the bartender waters down the drinks and deciding the solution is to let him own the distillery.
If your complaint is that government can be captured by the rich, the obvious solution is to limit what government can hand out.
Instead, socialism hands the government a larger wallet, a bigger stick, and more authority over everyone else's lives, then acts surprised when people compete to capture it.
The diagnosis is often correct.
The prescription is more of the disease.
Socialists don't measure success by whether a problem gets solved. They measure success by whether money was redistributed to a cause they approve of.
Public education is a perfect example. Spend more, get worse results, demand even more spending.
The results are optional. The spending is the achievement. The goal isn't solving the problem. It's proving the state's good intentions with someone else's money.
Thomas Sowell: “It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.”
Quite a sad thread from a guy’s perspective.
The only times I’ve ever truly desired a Gf were because I wanted to express my romantic love to her in various ways.
Almost everything you wrote was about what he would do for you.
May God guide my steps from such girlies😔
“The left and right divide is fake, the upper classes just want to keep us divided so we don’t turn against them!”
- Least insightful person you’ve ever met
Except that Hayek's intellectual forebears refuted the centerpiece of Marxism as early as 1871. If Marx is pervasive in the social sciences, that speaks to the deficiencies of the social sciences.