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simianwords 3 hours ago

This is fundamentally wrong. If Elon created Tesla and made ~$100B of wealth from it, he also made all the other shareholders richer by way more. Not only that - the world now has Teslas it otherwise wouldn't. Everyone wins and there is no extraction of values (old Marxist jargon that needs to go away).

kmijyiyxfbklao an hour ago | parent | next [-]

That's all good if you assume people can't be tricked (tricked into paying more, tricked into buying something they don't want, tricked into working harder). The tricked person ends up with less and Elon ends up with more.

simianwords an hour ago | parent [-]

yeah man i'm sorry i don't believe people were "tricked" into buying teslas or whatever

UncleMeat 40 minutes ago | parent | prev | next [-]

Is making shareholders rich contributing to society and humanity?

cindyllm an hour ago | parent | prev [-]

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