The amount of people who think the money plutocrats own doesn’t come from anywhere in particular is really unbelievable to me. Just being a whole fully formed adult with no concept of how the world they live in functions.
Rich people act like the stock market is this separate money generating machine, totally independent from the labor market.
What the stock market actually is, is rich people trading back and forth the excess value generated by your labor.
@mcuban It would be pretty silly of me to both pay taxes pre-investment and give up my company match. I'm a very fortunate worker so my complaint is purely systemic. I have little choice but to play the game that enriches Musk. I think we can do better as a society.
I am forced to put my retirement in stocks because of tax incentives put in place by the fabulously wealthy that make it impossible for me to ever dream of retirement otherwise. It's a rigged game so fuck off with all of this.
The reason anyone gets insanely rich is almost always because of the stock market. It certainly how @elonmusk did.
And the reason they get rich from the stock market, is because 150m Americans decided they wanted to own shares of stocks directly, or through their retirement plans, or through other approaches as a way of building their net worth and trying to create a better life for themselves.
One Hundred Fifty Million Americans. About 60% of adults.
Effectively believing that @elonmusk and many billionaires could make them wealthier and help them achieve a better life.
If you want @elonmusk , and most billionaires to no longer be that rich, convince those 150m to sell their stocks, funds, ETFs whatever.
Of course you would wipe out the net-worth of most of those people, and everyone else’s savings, as the markets crashed and brought down the economy and created the worst depression we have ever seen.
Alternatively
There are ways to improve healthcare access and eventually make it available to all.
To start -
If you want @elonmusk and all billionaires to improve healthcare for everyone , ask them to stop doing business with the enormous healthcare conglomerates and to work directly with transparently priced care providers.
It’s the behemoth HC conglomerates that make HC so bad for so many. (Check my timeline for more detail)
Removing them would push the cost of healthcare down for everyone. Their corporate decisions impact our healthcare cost and availability.
Of course if they do that, not only would our HC costs go down , and the quality of care for their employees and the entire country go up
But
They would see their corporate cash flow increase dramatically and we would have more millionaires, billionaires and maybe even another trillionaire when that cash flow moved from the big health care conglomerates to their bottom line, so would the net worth of the 150 million American adults that own public stocks
Capitalism is better than socialism because 150m Americans can influence exactly what happens in this country.
"María" is harvesting strawberries in Oxnard CA. She earns CA min wage and works 7-8 hrs/day. She worries as the harvesting season is ending. It will be months until prep for the winter season begins and she has rent to pay. She'll have to look for work in other crops. #WeFeedYou
Hold on, I’m confused, was he “sent off to die” by warmongering politicians, was he “defending our freedom” in Iraq, or did he “want to have an adventure and kill some people”?
For the first time, an American pro athlete is speaking out against fossil fuel sponsorships in sports.
I have an exclusive interview with Angels pitcher Brent Suter, who's tired of greenwashing and would much prefer to promote clean energy. Check it out: https://t.co/U1t6bf6iaN
Democrats' position on Trump is that he's a pathological liar running the most racist, corrupt, dishonest administration in American history but also he assured us that the Somali referee is al-Qaeda and gosh darnit we believe him.
correct decision. brunson sold a common foul like he always does. if the knicks don’t spend all game wrapping him up or pulling his jersey then they won’t get pushed down.
I see so many people on here claim that basketball stars today are soft and wouldn't survive in the 80s, when teams roughed up players on the regular. But then when it does happen, people complain like a crime was committed. So which is it, guys?