How'd you argue against a person who says rich people are needed to provide jobs to the poor? (lemmy.world)

submitted 2 days ago by CodenameDarlen@lemmy.world to c/asklemmy@lemmy.world

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Do you agree? Disagree? Why?

Please avoid "I'd not waste my time" etc... kind of answers.

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[-] disregardable@lemmy.zip 2 points 2 days ago

A certain amount of wealth concentration is necessary to organize the production and distribution of goods efficiently and invest in research and development, but it's the competition that drives people to strive for efficiency. Too much wealth concentration produces the opposite result where one person is able to make irrational and inefficient decisions, which negatively impacts everyone below them. See: Elon Musk. If was less wealthy, to the point where he couldn't afford to fuck up, then he wouldn't be able to screw over the people beneath him.

[-] SGforce@lemmy.ca 4 points 2 days ago

A fund need not have a single investor

this post was submitted on 08 Feb 2026

54 points (96.6% liked)

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