What was the figure? All it would take to end world hunger is 500 billion or something like that? Half one person’s weath?
What sort of person has that amount and decides not to end world hunger.
He didn’t have that much money. He has stocks, and stocks from companies that don’t turn a profit won’t solve world hunger.
Yes. Thank you. We’re all aware of that, but pretty sure he could sell even 10 billion a year and fix it.
California spends 1.5 billion already and hasn’t accomplished anything. You think 10 billion would fix homeless across the country?
We were talking about world hunger, but k. You’re obviously trying to pick a fight here on what was obviously not a concrete plan. I’m not sure if you noticed but I’m actually not an expert and don’t haven’t a 32 part plan on how to solve it. Instead pointing out the obvious fact that the man is worth more than the gdp of many nations and how none of that will go to help others, but please keep telling me how the idea of him helping is silly.
Musk said he could do it with six billion.
Naturally, he didn’t even try.
The same kind of person that steals a trillion from society in the first place
The same kind of person who ends government programs that help those hungry people, killing hundreds of thousands of them
What it would really take to end world hunger is massive systemic change that’s actually pretty straight-forward but is fought by every single person who loves a deaperate workforce and their insane conservative followers who believe that their greatest enemy is a hungry person.
It was $6B he offered
Not defending this worthless sack of shit but I’m certain he doesn’t actually have that much money
I mean it’s all tied up in stocks and if he wanted to liquidate it, all he’d lose control over all his companies and the sudden sell off would collapse the company stocks and probably destroy the world economy.
It looks very impressive on paper though.
Someone should dare Elon to do this.
They did.
in 2021
https://www.cnn.com/2021/11/18/tech/elon-musk-world-hunger-wfp-donation
https://mashable.com/article/elon-musk-solve-world-hunger
except it was 1/6 of his worth (6.6b$) instead of half, and we he did nothing they left the plan public and called for wny other billionaires to do it.
And since you’re hearing about it here, guess who stepped up to do it?
Somebody?
Somebody2152 perhaps?
He can take out loans using the made up money as collateral without ever paying taxes on it.
@snooggums I hate that.
Hunger is a political problem, not a money problem. You can’t just say “here are X billion dollars, let’s end world hunger”. Having said that, the system that allows people like Musk to get that rich, is also the same system that creates hunger.
Here in the good ole USA money and politics are the same thing. If you have the political will, you can get the money and if you have the money, you can but the political will.
That said, didn’t Elmo have a beef with the fucking United Nations because he said he’d pay the 6 or 7 billion to end world hunger if the could prove that it’s possible and then they produced a detailed plan and he quibbled and but-akshually’ed his way to a reneg because he never intended to do jack shit for anyone other than himself?
In a capitalism-controlled world, political problems are money problems.
Probably, but if you started with 500B vs 0 I’m guessing one will have a better result.
That’s almost 1.3 million per homeless person or 55k for 18 million people to eat
even distributing all his wealth between homeless people or people without food won’t really solve anything
No it wouldn’t but I’m just putting into perspective how much money that really is. It’s disgusting.
i got your point wrong then. but i agree, it is disgusting and i just can’t wrap my brain around how much that is
Yeah no worries. The homeless problem and the people going without enough to eat is a systemic problem that can’t be solved with just money.
The difference between a billion dollars and a trillion dollars is roughly a trillion dollars…
I remember when the National debt in the US was 7 trillion, and people were talking about it at the time about how enormous that number was, and how people couldn’t conceptualize it. Now we have a singular person in our midst who could singlehandedly clear up 14% of that. And our current national debt is like 40 trillion now?
May the same worms eat him.
The goal isn’t to increase wellbeing, the goal is to increase power and control, that’s the core issue.
I think they’re leaving out a whole lot of homeless, there’s no way it’s only 770K
That’s the US number
I don’t consider him a trillionaire. The stock he holds is of an unprofitable company. If he tried to hold a trillion dollars in his hands by cashing out on the stock, it would plummet, who would buy that at that price without the hype? If he cant hold a trillion dollars in his hands, how can he be a trillionaire? Its purely speculative.
It’s like some ancient king claiming to be a trillionaire because a lot of people believe that there’s a ton of gold in his kingdom - without good evidence. There’s no guarantee he’d be able to mine enough gold to become a trillionaire, so why call him that?
When it comes to leveraged loans for buyouts, it’s the same difference.
It’s not, not even close. He’s worth a trillion because investors are investing in him. If he tried to sell everything the 350p/e stocks would go to 20 instantly making him only with 10 billion. He still owes 40 billion on Twitter.
He would be bankrupt overnight if he tried to sell it all
What is she referring to when she says “changed the rules?” The rules of basic human decency, or something more concrete?
The ipo rules, they were going to ignore a bunch of rules and just go but I heard they changed their minds and will actually apply the rules so the spacex ipo shouldn’t be anytime soon. Same for anthropic and openai.
Edit: I think the s&p500 specifically.
I would assume it refers to lots of things, starting with this:
and then things like the corporate tax rate, capital gains, inheritance, lack of anti trust enforcement, reducing labor protections, deregulations, wide spread wage theft, regulatory capture, etc. etc.
Like , you can say 'what rules? ’ and there’s no one rule or set of rules that changed to enable a trillionaire, but there have been a plethora of systemic changes to favor those in power over time, and allow for more exploitation and less accountability.
That may or may not be what she’s referring to, but it’s how I take it.
Or the fucking millions that just lost healthcare for billionaires to have more tax breaks
all those times when I said we should just kill him and people kept saying that it would just go to his kids or other people. well now it’s way way more.
Monopoly the game was invented to describe literally this
When y’all gonna flip the board
The real way to achieve trickle down economics is to keep killing the people at the top until desired wealth distribution.
No, Monopoly was plagiarised from Liz Magie’s The Landlord’s Game.
Which was a game created to explain capitalist accumulation. Which is where we are.
When y’all gonna flip the board
I’d argue that the cratering fertility rates is flipping the board.
And sure enough, ole Musky boy is acting like an entitled crybaby about it too, as if people owe it to him to crank out more.
I don’t know what this person is on about. “Doing nothing”? In the last year and a half several steps have been taken to make the lives of those 771k and 18mil peoples much worse.
His efforts and contributions to kill us-aid has actively killed people.
The estimated death toll from these cuts is staggering.
If you use twitter you are directly to blame. Stop upvoting twitter repost, upvote serious posts that calls out elon musk not memes.
It’s not a moral failure, its a systematic failure; everybody suffers
