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A racial slur (thelemmy.club)
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[-] ininewcrow@lemmy.ca 133 points 1 week ago

It's what I don't understand about the ultra rich .... a billionaire has enough money to live comfortably for one lifetime, and they would only use a fraction of their wealth to do it ... yet they want to acquire even more wealth, as much as possible and it any wealth they do achieve is only accelerated because it means they can gain more faster.

It's like finding a mountain of sugar, you eat it and it makes you feel great and you can eat as much of it as you like, you'll never be able to eat all of it, even if you tried ... but no matter what anyone says, you still want more sugar.

When you describe this scenario with money, its a normal conversation ... if you said anyone wants a billion of something .. like a billion collector cards, a billion cats, a billion motorcycles, a billion sandwiches, you're considered nuts ... but if you want a billion dollars, that's perfectly normal

[-] notabot@piefed.social 114 points 1 week ago

They're not interested in money, that's just a convenient tool, they're interested in power, and money buys both hard and soft power. Hard power might involve sponsoring a ballroom, or paying for an inaugeration to get the ear of a politician, soft power is more about being known for having inexhaustable wealth and having "useful" people seek you out to do deals with.

[-] zeejoo 50 points 1 week ago* (last edited 1 week ago)

Sorry, no. Sponsoring a ballroom or paying for an inauguration are examples of soft power. Hard power is when you use coercive means to achieve your goals, in a geopolitical sense (where the terms come from) hard power is military action or the threat thereof, or economic sanctions. Funding things, building things and paying for things are examples of soft power. A billionaires version of hard power would be blackmail or a hostile takeover.

[-] FlyingCircus@lemmy.world 16 points 1 week ago

Or just war. Billionaires control the government, they control the military.

[-] zeejoo 8 points 1 week ago

They have influence over it, they don't control it. Elon can't threaten Sam Altman with a hellfire missile strike over their ongoing lawsuit.

[-] Mirshe@lemmy.world 4 points 1 week ago

Yet. Private militaries have been a thing in the past, and I see no reason to believe they won't be again if state collapse continues.

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[-] ChickenLadyLovesLife@lemmy.world 23 points 1 week ago

Also, a lot of them like to rape children, and that shit can get pretty expensive.

[-] jve@lemmy.world 4 points 1 week ago

get the ear off of a politician

Ooh so close.

[-] GardenGeek@europe.pub 32 points 1 week ago

Two things that come to my mind:

  1. In our current society money equals power over others. If you're not the richest your not the most powerful and if you are you need to fight to proetct your power from other who are getting richer. It's not about money but about determining the fate of others and rulership over society.
  2. You don't become obsecely rich by being a good person. Once you reach a billion dollars you most paobably already aquired a mindeset that leaves you no other choice than to look for another billion. Much like a hamster in a wheel which spins to fast to let it go off.

In the eyes of average humans (which I believe to be decent people, at least 80 % of the total population) this is insane... however the 10 - 20 % egoists are the ones we chose as our rulers.

[-] ininewcrow@lemmy.ca 11 points 1 week ago

That's the other half of the problem I always see .... it's not just the insanity of a person or individual who is constantly chasing after even more astronomical amounts of money and wealth and power ... it's the 80% of everyone else including me and you who all just stand by and allow it all to happen and contribute to it and maintain it all

It's like the whole Trump thing in America .. sure Trump is an idiot ... but there is an entire nation that either supports its, ignores it, maintains it or works for it, and all of them just accept it as normal

[-] FistingEnthusiast@lemmy.world 4 points 1 week ago

America was founded on greed and ignorance

Nothing changed.

[-] FlyingCircus@lemmy.world 4 points 1 week ago

We didn’t choose them, they or their ancestors were just more ruthless and bloodthirsty than the rest of us, and they coerced us at the end of a spear to go along with it or die.

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[-] Whats_your_reasoning@lemmy.world 4 points 1 week ago* (last edited 1 week ago)

We can't discount the classic dick-measuring contest that's bound to happen when rich people compare their net worths to each other. I'd be shocked if some people weren't at least partly motivated by having a bigger "number" than their friends do.

[-] ChickenLadyLovesLife@lemmy.world 4 points 1 week ago* (last edited 1 week ago)

I had a boss who had a net worth around $10 million (I knew because he had hired me to trade S&P500 futures for him and he gave me access to his brokerage accounts as part of this). He owned a house, nice cars, and a temp agency that gave him an income around $25,000 per month, in a southern city where the cost of living was very low. By any normal standard he was living in the lap of luxury, but his best friends were all west coast vulture capitalists who were worth hundreds of millions and my boss' jealousy of them just absolutely ate him up inside (this was the whole reason he was getting into futures trading in the first place).

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[-] Signtist@bookwyr.me 17 points 1 week ago* (last edited 1 week ago)

When you've never needed to think about money as a resource required to live, it stops being one. Among those who have never had to worry about money for survival, it's no longer a resource, it's a status symbol. It doesn't matter how much money you need, it only matters how much money you can collect, and that number can always be bigger.

They don't care that the trophies they're collecting just to feel superior would drastically improve someone else's wellbeing, because they don't care about the wellbeing of anyone else, period. In wealthy society, the only thing that matters is how you stand compared to other wealthy people, and being empathetic only serves to lower your standing.

[-] Dasus@lemmy.world 10 points 1 week ago

Addiction

Literal money addiction.

Ever known anyone with a proper hard drug addiction? Them fuckers will do anything to get their fix. So will the rich. But their addiction just gives them more and more power to practice their addiction.

[-] ininewcrow@lemmy.ca 5 points 1 week ago

I do know a lot about addictions and addict ... I'm a recovered alcoholic myself ... over 30 years sobriety now.

And I have heard of these people described as addicts suffering from an addiction. One of the first signs of addiction is in how your addiction negatively affects your life ... the other signs include how your addiction negatively affects the lives of others around you.

So why don't we treat excessive, unnecessary and wasteful wealth and power as an addiction that severely affects society. We treat alcoholism and drug addiction with great shame ... but if we collect, consume and horde endless wealth while it negatively affects our lives and the lives of millions of people -> that is perfectly normal and acceptable.

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[-] Goodeye8@piefed.social 8 points 1 week ago* (last edited 1 week ago)

To be fair I don't think people would comprehend how insane a billion of anything bigger than microscopic would be. For example 1 billion grams of sugar is enough to fill at least 3 3-bedroom apartments. 1 billion cats is probably more than there are household cats on the planet.

People are likely to underestimate how much a billion is so a billion of something that your life depends on probably doesn't seem like much, because you need it anyway and you can spend it. Except you can't. I imagine if the average person was given 1 billion dollars and they'd buy everything they could ever imagine most people would still have 950 million left. To spend 1 billion in 30 years you'd need to spend almost 100k daily. You'd have to spend more in a day than most people make in a year. It's been normalized because it's incomprehensible to begin with.

[-] backalleycoyote@lemmy.today 9 points 1 week ago

A million seconds is ~11.5 days. A billion seconds is ~31.5 years. The scaling is absurd.

[-] slazer2au@lemmy.world 6 points 1 week ago

What's even stupider is any billionaire doesn't even have a billion in liquid capital, the vast majority of their networth is in shares from the companies they own and it's in their interest to not dump a bunch of stock.

Yup and they get money not on dividends but loans with the expectation the loans appreciate, then pay it off gradually with their liquid capital they earn through dividends then. So being that wealthy is precipitated upon infinite growth essentially.

[-] lemmyng@lemmy.world 4 points 1 week ago

"It's like finding a mountain of sugar, you eat it and it makes you feel great and you can eat as much of it as you like, you'll never be able to eat all of it, even if you tried ... but no matter what anyone says, you still want more sugar."

Holy shit, this is a damn good metaphor! Hats off to you, mate!

[-] Nurse_Robot@lemmy.world 6 points 1 week ago

It's a simile :)

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[-] Batman@lemmy.world 3 points 1 week ago

in my mind these people are working with a mutually assured destruction model. they are all constantly fucking with each other financially, it's impossible not to with how much they own to not buy things from each other occasionally at the expense of another.

so I'm a billionaire imagining me practivslly giving my assets away in an auction. there are now a team of billionaires who can do literally whatever they want to me and there is literally no where on earth that can protect me. for a penance they could have me executed without consequences and I've given them each motive.

[-] TankovayaDiviziya@lemmy.world 3 points 1 week ago

I don't remember who said it, but I'm pretty sure the wealthy admitted themselves that they are in competition with each other on how much their net worth is. It is purely just trying to one-up each other. I'm not saying I'm wealthy but I kinda get why they do it.

[-] ininewcrow@lemmy.ca 5 points 1 week ago

I really don't care if people want to compete with each other ... but when your activities start affecting the lives of millions of people, causing them death, early death, unstable lives, hunger, pain, misery, then it becomes a problem on insanity causing untold misery ... you can have your competition with others as long as it doesn't involve anyone else

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[-] WanderWisley@lemmy.world 127 points 1 week ago

People online who make 30k a year.

[-] SaharaMaleikuhm@feddit.org 16 points 1 week ago
[-] zeroConnection@programming.dev 19 points 1 week ago* (last edited 1 week ago)

Swiftie fans

[-] merdaverse@lemmy.zip 66 points 1 week ago
[-] Holyginz@lemmy.world 23 points 1 week ago

They dont want to be vilified they just need to stop acting evil.

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[-] AnUnusualRelic@lemmy.world 12 points 1 week ago

Like taxing homes a second time? Or taxing second homes?

[-] surewhynotlem@lemmy.world 45 points 1 week ago

Second homes. People own NYC homes and never even see them. It's just an investment that sits empty.

[-] ThunderQueen@lemmy.world 15 points 1 week ago

This is a huge part of why cities have such high rent. There is enough housing, but huge swaths of apartments are sitting empty so they can be used in speculative portfolios. Then the landlice raise the rent of the units that are occupied and it artificially increases the value of their other empty properties.

Truly disgusting behavior. Star Trek type homeless riots are coming v soon if we dont get it in check.

[-] SLVRDRGN@lemmy.world 8 points 1 week ago

Just wanted to note: I like "Landlice"

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[-] DarkCloud@lemmy.world 41 points 1 week ago* (last edited 1 week ago)

That's part if it, but the wealthy are also overly concerned with their standing in their niche community, and whether investors will give them money. They're fully invested in their endless growth model, and have all done horrible things.... So their standing is no longer effected by what horrible things they've done by our standards. It's just a question of whether they're "growing" the money.

Infinite growth personified = a cancer on humanity.

[-] UnderpantsWeevil@lemmy.world 34 points 1 week ago

Taxing: Wicked, Theiving, Irrational, Unconstitutional

Rent-Seeking: Beautific, Generous, Sane, Magna Carta-esque

[-] MonkderVierte@lemmy.zip 21 points 1 week ago* (last edited 1 week ago)

The sad thing is, in most implementations, the taxation system works as a barrier of entry into being rich: you only get over it, by throwing your moral compass away and buddy up to the rich and/or powerful. After you're over it, you only get richer and pay less in comparison, for pretty much everything.

[-] samus12345@sh.itjust.works 18 points 1 week ago

Rich people if you try to touch even one gold piece:

[-] yermaw@sh.itjust.works 12 points 1 week ago* (last edited 1 week ago)

Related but not really : I dont know what Musk is playing at getting involved in politics. Youve got enough money to take part in any activity you like, visit disneyland while on acid, ride the longest zipline, underwater hotels, world's largest hamster-habitat, literally anything you like for as long as you live and still leave your children with more money than a lot of countries have, and he chooses to do work?

[-] jtrek@startrek.website 27 points 1 week ago

He's a broken person on the inside. He's like homelander in the boys. All this power, but he's still a sad little boy no one likes.

Unlike Homelander, Musk is not impervious to conventional hazards.

[-] Seleni@lemmy.world 13 points 1 week ago

You do realize how much Doge was able to dismantle specifically the parts of government that tax the rich, right?

But aside from that, people tend to conflate appearance for substance. He feels controlling the government makes him powerful because he appears powerful.

[-] yermaw@sh.itjust.works 3 points 1 week ago

I dont realise how much at all, I imagine it worked out amazingly well for him, but still. It's just more work.

[-] AlecSadler@lemmy.dbzer0.com 4 points 1 week ago

And opens him up to future potential liabilities (maybe, if the world every course corrects) as well as an uptick in bullet risk.

[-] luthis@lemmy.nz 8 points 1 week ago
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[-] MeowerMisfit817@lemmy.world 4 points 1 week ago

The man kinda looks like those Rage Comics male faces.

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this post was submitted on 10 May 2026
1503 points (99.1% liked)

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