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Same solution works for any problem really.
Option 3: I remember I don’t have to take sides?
Oh, it’s not about net worth
It is though. My original post was: I don’t care if there are high net worth individuals. Did you switcharoo my own opinion?
There’s quite a few falsehoods in your comment, such as:
Monetary policy is a tool to affect the distribution of money, it does not itself extract or inject value.
Au contraire, it affects inflation, severily, and therefore the relative value of your savings and past work.
Very few companies run at a loss for long
The options for a company are not limited to divident/buyback vs run at a loss, as you seem to be implying.
Taxes only extract value with corruption.
So looking at history, it’s only a problem in every government that’s ever been?
All profit is on the back of the workers
Not necessarily. Examples: (a) How would you price a service like insurance? (b) how would you value the engineer of a new type of bicycle hub? He hasn’t left his computer, didn’t touch a single nail. © How should the inventor of a song be renumerated? Is the value created, that people are paying for, solely the network engineers at spotify?
To summarise: Any money taken away from the people doing the work, directly or indirectly, is exploitation.
I’m afraid that that’s a conclusion based on false arguments.
Warren buffet owns a lot of the stuff you use. Without him, you would pay considerably less for what you‘re doing.
That’s quite a leap! An apple device would be cheaper if apple’s ownership was more diluted to the point Warren Buffet is no longer a billionair?
The rest of your argument seems to be build on this false premise.
Everything you buy from a company he owns takes a cut to give to him.
Not necessarily, as not all companies give dividents or buybacks. But let’s say they all do. The same argument applies to employees: they get a cut of a companies income? I think a fair deal: as long as they make something I want or need at a price I agree to I’ll buy it. Otherwise I won’t.
manipulate both your salary and cost of goods
Not really, I’m self-employed. As to the price of goods, see the above. We manipulate it just as well. Other large manipulators are monetary policy and taxes.
Amazon workers not being able to pee at work for a salary they can’t really live on seems another example.
How’s that related to individual’s net worth? Customers will always want goods cheap, even if a company’s ownership is diluted to the point that each shareholder isn’t a billionair. My customers would happily have me work for free or negative prices.
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How does Warren Buffett, for example, make me poorer? :)
I don’t care if there are people who’s estimates net worth is in the billions. They’re free to play their games. It does not make me richer nor poorer.
Wouldn’t that make law enforcement easier, if attacks were plotted openly?
“Hey guys, tomorrow I’m buying the illegal weapons”
What problems would that bring?
I’d question how I’d got into that situation, and the character and motivation of the person telling me to cause destruction.
Was it an important factor in your purchase?
Good for them 😎
Have it pretend to be Gandalf working in a coffee shop
Ready for job interview
Hugo Boss maybe!