I don't think anyone is simply envious. People mean to point out that allowing individual accumulation of wealth to extreme degrees lead to runaway structural problems. Billionaires and companies existing and providing wages are not inextricably intertwined. It's entirely possible to have one while preventing the other. The idea that the only way you can incentivize individuals to start companies is to allow them to accumulate so much wealth that they become tiny kings is patently absurd. The world has thousands of companies and founders who happily sustain their businesses without ever reaching this ungodly and idiotic level of uber wealth.

▲ someguydave an hour ago | parent | next [-]

this post drips with envy

▲ zzrrt an hour ago | parent [-]

If they were saying that kings shouldn't have the unchecked right to execute people, this response would be akin to "Oh, you just wish you could kill anyone. Your argument is invalid."

	▲	abletonlive an hour ago \| parent [-]
		Not really. The person saying that billionaires shouldn't exist is just failing to describe why that number is so mystical or interesting to them. If billionaires don't exist are we saying that people worth 500 million won't have power? you can keep doing this but the end result is the same. Power is asymmetrical and the system is self balancing. Those that have more wealth have more power. It's that simple. If you want to make wealth irrelevant then at least come up with a real system where wealth does not exist, because power is an intrinsic property of wealth. The idea that you can distribute wealth is actually the tell for envy. You want to distribute power because you want power. And you won't be satisfied until that power reaches you, therefore you need to eliminate not just the billionaires, but after it trickles to centimillionaires and decamillionaires after that. If your premise is based on billionaires not existing because they have outsized power you're not going to be satisfied until that power eventually reaches where you are stationed in society. `It has nothing to do with billionaires and it has everything to do with people with more wealth than you having more power. That's envy. How far do you have to distribute before power is meaningless?` The truth is that there are more billionaires than ever before and that number is growing. It would seem that having power is becoming more democratized over time too. If we go back 500 years the number of people that had this level of power were limited to actual Kings. You are closer to a billionaire in your capabilities and agency in this society than a peasant was under an actual King. 500 years ago if you made a tiktok video about your King's private affairs and his properties while trying to tell everybody that the king doesn't deserve their power and the king should be taxed, you'd be executed in the town square. Yet somehow people that have the mindset that "billionaires should not exist" fail to convey how we've suddenly reached some tipping point where there's no going back.

▲ abletonlive 2 hours ago | parent | prev [-]

> I don't think anyone is simply envious.

I think most are.

> The idea that the only way you can incentivize individuals to start companies is to allow them to accumulate so much wealth that they become tiny kings is patently absurd. The world has thousands of companies and founders who happily sustain their businesses without ever reaching this ungodly and idiotic level of uber wealth.

And how many of those companies and founders have given back to society at the scale that these uber wealthy people have? Entire new economies have been built up.

> ungodly and idiotic level of uber wealth.

This is still just envy. You should try to prove that you're being oppressed by the systems these billionaires have created because we don't have to go very far back to observe when these systems and economies did not exist. I'll remind you that for example, in NYC before Uber, taxi medallions were being sold for over a million dollars and people were going into debt just for the opportunity to drive a cab. If you go far back enough creating a virtual store front to sell your ideas and goods was a gate that was actually very high. Thanks to the systems that are in place now you have the opportunity to spin this up for very little risk and prove out your idea. Structural problems such as what? The idea that wealth is power? That's the same structural problem that has always existed, except that there are more players than ever before. You can launch an entire grass roots political campaign on social media for free. Does that sound like a system that oppresses or is that a system that has given you opportunity to enact change?

Even the barrier to invest in companies and participate directly in the profits and value creation has been erased or lowered. Hundreds of millions of people are directly benefitting from this everyday. It is now a few simple clicks of a button and you're in. Who lowered that barrier? It was the billionaires. And yes, because they did that they will get an asymmetrical reward because their impact and value creation for society is asymmetrical to yours.

You're not doing this, but when you try to have this conversation amongst the general population what is the response? Once you start poking holes at the concept it always reverts to "you're a bootlicker", "why are you defending billionaires, they don't care about you". These responses highlight envy, not reality or the desire to be objective.

Deep down a lot people either don't realize how much free will and agency they now have in this society or they are just living with contempt because everywhere they look they see people that are using that free will to accomplish more than them. It's lack and envy all the way through.

	▲	lurker919 16 minutes ago \| parent [-]
		Thank you for spelling out some good points. They always seemed obvious to me but I could never clearly explain them.