Jeff Bezos will soon become the world's first trillionaire!

[Armenian Bishop]

https://www.theguardian.com/technolo...rce-settlement

A judge ... transferring the Amazon shares – worth $38bn (£29bn) – into MacKenzie Bezos’s name. It is by some distance the largest divorce settlement in history the previous record was $2.5bn paid to Jocelyn Wildenstein when she divorced art dealer Alec Wildenstein in 1999 ... Following the settlement MacKenzie Bezos, 49, an author ... [has become] the world’s fourth-richest woman, and has already promised to give away at least half of her fortune.

[Insuperable]

I don't understand why someone with $100+ billion dollars doesn't just give their employees whatever they want. $15/hr. Maternity leave, paternity leave, medical insurance, etc. He gave his employees a wage increase, but then took away their benefits. We all know damn well that he can afford to give them both.

He doesn't have that amount of money to give employees whatever they want. No large company or man on top today does. Rarely some company today can give that, maybe those companies who are solely into licensing and such. Even those companies have to invest (advertisements, new offices etc), not to mention companies who are into production (new factories, research&development etc). Trump's net worth is 2 or 3 billion, but he has 300 million or so in cash if that much at all for example. Jeff's yearly net income is like one billion dollars. You may have read that his net worth increased 10 billion dollars in a single day, but that doesn't mean he got 10 billion dollars of cash on his pay pal account, just that the value of company got higher and would he decided to sell his part of shares. In half a year shares could go down 15 billion. It is very hard today to stay competitive, companies have to invest a lot just to stay in business or to stay at top. They have lots of revenues, but also lots of expenditures hence small profit and today you have to constantly invest to stay in business or you'll get eaten and you can never know what is gonna happen tomorrow.

[Insuperable]

Imperialism on the march - because of ongoing coronacrisis only bezosos will survive. There will no other options.
Today's situation successfully brings to the surface all the contradictions. Defenders of various bezoses should be strained, because pittance from the master's table will be scarcer.
You have Stockholm syndrome, comrade - it often develops among those who themselves do not give up hope of becoming at least the most long unsold "sir" and to fully recoup, oppressing those who have not become "honorable gentlemen" themselves. Take away from you this redneck dream - and life will lose its meaning.

What if Bezos comes to you tomorrow and says that he will give all his fortune to you? I think you would delete this thread.

[ixulescu]

I'm no communist but I see no reason for billionaires.

I'm ok with millionaires though, they can provide utility to society - but billionaires don't add anything.

[pulstar]

He doesn't have that amount of money to give employees whatever they want. No large company or man on top today does. Rarely some company today can give that, maybe those companies who are solely in licensing and such. Even those companies have to invest (advertisements, new offices etc), not to mention companies who are into production (new factories, research&development etc). Trump's net worth is 2 or 3 billion, but he has 300 million or so in cash if that much at all for example. Jeff's yearly net income is like one billion dollars. You may have read that his net worth increased 10 billion dollars in a single day, but that doesn't mean he got 10 billion dollars of cash on his pay pal account, just that the value of company got higher and would he decided to sell his part of shares. In half a year shares could go down 15 billion. It is very hard today to stay competitive, companies have to invest a lot just to stay in business or to stay at top. They have lots of revenues, but also lots of expenditures hence small profit and today you have to constantly invest to stay in business or you'll get eaten and you can never know what is gonna happen tomorrow.

When a company is in stock market every decision matters. Its being watching by investors, public, your governments, other governments, everyone and through all the possible lenses. I bet big company owners like him lose a couple of days of their lives whenever markets start to shake and their stock price drop even for a single cent.

[KirillMazur]

What if Bezos comes to you tomorrow and says that he will give all his fortune to you? I think you would delete this thread.

No, I would not delete the post.
1) to be an “effective manager” in the capitalist interpretation - this contradicts the values that my parents taught me (or were present in me initially).
2) living in constant fear of losing these billions plus being an object of hatred for a huge number of people - such a life is also not for me. I am pleased with what I have.

[Samnium]

In fact this is pretty much the opposite of "liberalism" : monopolies and very big companies...

[Defiance]

If someone makes millions of times as much as you do, the only reasonable explanation is that they literally work millions of times as hard as you do. I have no idea how the fuck this is possible, but it sure is impressive.

[JamesBond007]

If someone makes millions of times as much as you do, the only reasonable explanation is that they literally work millions of times as hard as you do. I have no idea how the fuck this is possible, but it sure is impressive.

That is dumbest thing I ever heard. The owners of the means of production don't work. The proletariat create surplus wealth and parasitic bourgeoisie confiscates that surplus wealth and pays the proletariat a small fraction of what the object or product or service they produced is worth.

[Daos777]

If someone makes millions of times as much as you do, the only reasonable explanation is that they literally work millions of times as hard as you do. I have no idea how the fuck this is possible, but it sure is impressive.

It’s the only thing that makes sense. Other wise them owning enough money to buy half of the country wouldn’t make sense. But good thing it’s true.


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