• Basic Glitch@sh.itjust.works
    link
    fedilink
    arrow-up
    0
    ·
    3 days ago

    I’m taking a class on systems rn and we’re learning a lot of very basic level concepts that also have some overlap with business and economics. I don’t hold a degree in economics like mr. musk, but learning the little I have about systems has really made me question just wtf wealth hoarders (most of whom seem to be much more familiar with systems thinking) envision for the future?

    The idea of systems balancing or collapsing seems to be fundamental to ALL systems. So even if the goal is to collapse this one, and that’s why they don’t really care/maybe are trying to ensure it’s as unbalanced as possible, what happens in the next system that emerges as a result of their success?

    I really can’t buy they suddenly no longer feel the compulsive need to hoard resources because they’re motivated to preserve their own system.

    Has a chat bot convinced them there’s a special loophole and the rules that apply to every other system don’t apply to theirs?

  • matlag@sh.itjust.works
    link
    fedilink
    arrow-up
    0
    ·
    3 days ago

    Why would they be upset by the idea of a trillionaire making campaign donations?

    All they need to do is pledge allegiance!

  • krisevol@lemmus.org
    link
    fedilink
    English
    arrow-up
    0
    ·
    3 days ago

    He didn’t have that wealth. He has stocks worth that much at current evaluations. The liquidity market wouldn’t allow him to get 10% of that is he tried

    • parricc@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      3 days ago

      It won’t be a huge number, though. Capitalism still works to consolidate wealth. While there never has been any private individual with that much wealth before in human history, that kind of wealth is not unprecedented. The main reason is that people with that kind of wealth have historically been emperors. And make no mistake, anyone with that kind of wealth carries with them the threat of becoming an emperor. After someone becomes an emperor or a dictator, they gain absolute control over the GDP of whatever they control. But even now, Musk’s wealth is not even 1% of the world’s GDP. Someone like Augustus Caesar would have had several times more wealth, and direct control over something like 25% of the world’s GDP. Musk having this much wealth is disgusting - nobody should even be a billionaire. But, at the same time, in the grand scheme of things, he will be nothing more than a footnote in history. He has never done anything actually memorable. People only know him now because he’s a cunt with a lot of power. But power fades, and the world has had countless cunts. In the end, he’s not anyone special. In 100 years, the average person will likely have no clue who he was. Nor will they care.

    • Furbag@pawb.social
      link
      fedilink
      arrow-up
      0
      ·
      3 days ago

      Not if we can summon the political will to tax them out of existence altogether.

      But who am I kidding? The oligarchs in control are just waiting for their turn to be trillionaires themselves.

  • nonentity@sh.itjust.works
    link
    fedilink
    arrow-up
    0
    ·
    3 days ago

    Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.

    Corporations are the only ‘persons’ which should be subjected to capital punishment, but trillionaires should be forced to transition into billionaires, and billionaires should be euthanised through taxation.

  • oyzmo@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    3 days ago

    People growing up now is groomed by the system to not think, only consume! AI was the latest “do not think yourself, do not use your brain” implementation. Make the masses brain dead sheep that is easy to control.

  • InFerNo@lemmy.ml
    link
    fedilink
    arrow-up
    0
    ·
    4 days ago

    His companies operate at a loss. How is this guy a trillionare? Not in my view.

      • crapwittyname@feddit.uk
        link
        fedilink
        arrow-up
        0
        ·
        3 days ago

        True, but I think it’s the other way round. He’s a fascist because he’s obscenely wealthy. When you have that much power, empathy dies. It’s a downward spiral of negative feedback actually, the more power, the less empathy, the greater the lust for power and the more unscrupulous you can be, and so on.

  • turdburglar@piefed.social
    link
    fedilink
    English
    arrow-up
    0
    ·
    4 days ago

    citizen. yeah, no. i’m not calling that fuckknob a citizen. citizens contribute and participate in society.

    fuck elon musk. fuck xai.

    build the water treatment plant you promised the people of memphis.

    • Not_mikey@lemmy.dbzer0.com
      link
      fedilink
      arrow-up
      0
      ·
      edit-2
      4 days ago

      I assume they mean gdp so here’s the list for countries and here’s the list with some states mixed in for fun:

      1. United States — $31.8T
      2. China — $20.7T
      3. Germany — $5.3T
      4. India — $4.5T
      5. Japan — $4.5T
      6. United Kingdom — $4.2T

      (California — ~$4.1T)

      1. France — $3.6T
      2. Italy — $2.7T

      (Texas — ~$2.6T)

      1. Russia — $2.5T
      2. Canada — $2.4T
      3. Brazil — $2.3T

      (New York — ~$2.3T)

      1. Spain — $2.0T
      2. Mexico — $2.0T
      3. Australia — $1.9T
      4. South Korea — $1.9T

      (Florida — ~$1.7T)

      1. Turkey — $1.6T
      2. Indonesia — $1.6T
      3. Netherlands — $1.4T
      4. Saudi Arabia — $1.3T

      (Illinois — ~$1.2T)

      1. Poland — $1.1T
      2. Switzerland — $1.1T

      (Pennsylvania — ~$1.1–1.2T)

  • lIlIlIlIlIlIl@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    4 days ago

    We need to take it all and redistribute it.

    He’s so good at the game he’ll surely have no problem winning again.