Do you agree? Disagree? Why?

Please avoid “I’d not waste my time” etc… kind of answers.

  • Okokimup@lemmy.world
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    6 days ago

    What are jobs? Are we talking about work that needs to be done, or are we requiring people to keep busy doing nothing to earn the right to stay alive?

  • Clent@lemmy.dbzer0.com
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    6 days ago

    Billionaires are job destroyers.

    A job is a way of describing an organized, low-entropy state within an economic system. Its existence is in a constant state of opposition with the universe’s natural tendency toward disorder.

    A job comes into existence only when we provide sufficient demand such that the there is a supply of near continuous energy to sustain a heightened state. When that demand dissipates, the energy input falls below the threshold near for the job to exist.

    Billionaires extract energy from every stage of this process. By skimming value without contributing. They increase the energy required to for our demand to create and maintain a job. This added pressure raises the system’s effective activation energy, reducing the number of jobs the system can support.


    In this TED I will discuss how eating the rich is a value add to a capitalistic enconomic system.

  • HobbitFoot @thelemmy.club
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    6 days ago

    I disagree.

    If we are talking about starting companies, poor people start companies all the time. You don’t need to be rich to start a company.

    As for having access to capital to create our expand a business, that doesn’t need to come from a rich person or a collection of rich people. For instance, a lot of investment comes from pension funds, which are made up of the savings of many people.

  • Newsteinleo@infosec.pub
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    7 days ago

    Ask them how many sets of kitchen cabinets a rich person needs compared to a pore person. Then ask them what makes more work, one person buying 1 set of fancy cabinets or a 100 people buying an average set of kitchen cabinets.

  • Hanrahan@slrpnk.net
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    7 days ago

    Yes, people meed to litter constantly to provide jobs for people employed to collect it.

    Most emplpyment is provoded by small business, they are not billionaires but their business can be destroyed by them.

  • DoubleDongle@lemmy.world
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    7 days ago

    You don’t need capital to hire people, you need demand. The job creator thing is a myth if you’re feeling charitable, or propaganda if you aren’t.

  • dustycups@aussie.zone
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    7 days ago

    I like the Ben Elton line: “He only had one dick & one stomach”.
    There comes a point where having more inevitably means hoarding more.

  • invertedspear@lemmy.zip
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    7 days ago

    An economy is strong not because there are many dollars of value in it, it is strong because many dollars of value move within it. The movement is the key thing people miss. The fact that there is $100 worth of food in a system means nothing if it never moves from the grocery store to a home, to a hungry person. The rich don’t get rich by moving value, they get rich by hoarding it, weakening the economy. A rich person buying all the food and only giving crumbs to the few workers they need would break the system. When food or fuel were scarce during recent history did we allow single rich families to buy it all? In order to keep the system functioning it was rationed. Why is capital any different?

  • smiletolerantly@awful.systems
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    7 days ago

    If all jobs were lost if rich people disappeared, then jobs aren’t really necessary.

    If jobs are necessary self-evidently, they do not require rich people to exist or get done.

  • Gieselbrecht@feddit.org
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    7 days ago

    I disagree. Cooperatives exist, in Germany many Banks and many companies renting out flats are cooperatives.

  • FunkyCheese@lemmy.dbzer0.com
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    7 days ago

    Thats simply untrue

    We would just have a lot of smaller businesses all over. Instead of a few gigantic ones.

    No more mcdonalds. Instead we would have multiple “bobs burgers” style places

  • spaghettiwestern@sh.itjust.works
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    7 days ago

    Ask them how their experience is with companies taken over by venture capitalists.

    Take Walgreens for example. Their new VC “rich people” owners, Sycamore Partners have closed 500 stores and cut 9000 jobs since taking over. They’ve cut so many jobs that the remaining employees no longer even try to answer the phones. The shelves are bare and the prices even higher than they used to be.

    “Trickle down” means being pissed on.

    • IphtashuFitz@lemmy.world
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      7 days ago

      My brother owned a local franchise for a few years. When he first got into it he really liked the owners, their methods, etc. Last year the owners sold out to a private equity firm that started squeezing all the franchises with insane demands in order to make them more money. My brother got out as quickly as he could, and ended up barely breaking even.

      Fuck private equity firms. I hope there’s a special place in hell for them.

  • CerebralHawks@lemmy.dbzer0.com
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    7 days ago

    I’d agree to a point but I’d point out they’re doing a piss poor job of it. The ruling class is at its best in decades and we have unemployment? Fucking why? Compel them to answer that and then you can begin hammering out the finer points. So basically if the rich provide for the poor by slowing the poor to work and provide for their families, then why the fuck is employment and home ownership down so much?

    You ask them that.

      • CerebralHawks@lemmy.dbzer0.com
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        7 days ago

        Or they would say that the person should take any job, even if it would pay them so low that they can’t pay rent, keep the lights on, and feed themselves — in other words, effectively slavery.

        That’s a fallacy. The argument that we need the rich to provide jobs implies we need the rich to provide meaningful jobs that allow people to be self sufficient. If they’re actual job creators, the benefit is that they’re lifting others up. Maybe not as high as they are, but they are benefiting society. If they fail to do that, the argument that the rich create jobs carries no weight.