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| ▲ | john_strinlai 4 hours ago | parent | next [-] | | >Do we have any actual evidence of this? to be fair, the original comment by malfist started with "makes you wonder", so i dont think they are asserting this as fact. >I know plenty of exorbitantly wealthy people who aren’t hoarding anything, some people would see this sentence as contradictory, and they would suggest that the thing those exorbitantly wealthy people are hoarding is money. | | |
| ▲ | JumpCrisscross 4 hours ago | parent [-] | | > they would suggest that the thing those exorbitantly wealthy people are hoarding is money And I’d say they’re literally wrong. They may be hoarding capital. And yes, some wealthy people do hoard money per se. But outside the Epstein class there are lots of people we just don’t hear about because they aren’t on social media talking about how rich they are. Because while it’s fun to postulate that the rich have mental illnesses, it’s documented that social-media addiction causes them. | | |
| ▲ | john_strinlai 4 hours ago | parent [-] | | >They may be hoarding capital. while this distinction may be important to you, i dont think it really changes anything about malfists question/point. >Because while it’s fun to postulate that the rich have mental illnesses, it’s documented that social-media addiction causes them. and cigarettes cause cancer. not sure what this has to do with the conversation, but yeah, social media is bad (smoking, too). (please note: i am not arguing for or against what you or malfist have said, just thought there was a little something lost in translation re: you asking for evidence after a conversation that started with "makes you wonder") | | |
| ▲ | JumpCrisscross 3 hours ago | parent [-] | | > i dont think it really changes anything about what malfist question/point Of course it does. Turning capital into spendable or transferable wealth takes work. Plenty of rich people are just enjoying their lives in the same way retirees do. > not sure what this has to do with the conversation, but yeah, social media is bad I’m saying the folks we tend to get upset about being rich at are also the rich who are prominently on social media. The problem isn’t that they’re rich. It’s that they’re on social media so much. I think there is a genuine argument to be made that even Elon Musk would have been a better-liked person, maybe even a better person, if he never got on Twitter. > thought there was a little something lost in translation re: "makes you wonder" Perhaps. And appreciate your clarifying for them. In 2026 I’m just sceptical of the “just asking questions” bit, particularly when it comes to cultural tropes. (And for what it’s worth, my query for a source was genuine. I’m always down to change my mind on a loosely-held belief.) |
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| ▲ | malfist 3 hours ago | parent | prev [-] | | There's a hell of a difference between a multimillionare who has a successful business and a billionare. The difference between a person who has a million dollars and a person who has a billion dollars is about a billion dollars. | | |
| ▲ | JumpCrisscross 3 hours ago | parent [-] | | > a hell of a difference between a multimillionare who has a successful business and a billionare Yeah, I'm saying the ones worth hundreds of millions to low billions who aren't on social media are, in my personal experience, often fine people. The ones I don't like are the ones on social media, but that's also true of the folks worth a few thousand dollars. Plenty of billionaires are assholes. The world's GDP is over $100 trillion. That's going to produce diversity among the rich. | | |
| ▲ | malfist 2 hours ago | parent [-] | | And who are you to personally know enough billionaires intimately enough to absolve them of any guilt they might have earned hoarding enough wealth to reach that level? | | |
| ▲ | JumpCrisscross 2 hours ago | parent [-] | | > who are you to personally know enough billionaires intimately enough to absolve them of any guilt I'm not absolving anyone. I'm saying I know good people who are also billiionaires who most people have never heard of. The billionaires I've heard of I tend to dislike. But I think the correlate is the fame, not the wealth. > guilt they might have earned hoarding enough wealth to reach that level? This is where the hoarding metaphor breaks down. If you build a company, is it hoarding to not sell your stake off to a private equity firm? Because practically speaking, those are their choices. Hold it, manage it and live off the income. (They all donate most of their incomes, but that's neither here nor there. You can be a good person even if not philanthropic.) Or sell it to a private equity firm and then have a pot of money to stare at. |
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