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johntennessee93

0 karma · joined November 14, 2025

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johntennessee93··on Just 0.001% hold 3 times the wealth of poorest half of humanity, report finds
>No matter how ruthlessly power / money was accumulated by a person, the fact that they somehow did it, justifies it.

Elon ruthlessly created reusable rockets, satellite internet and electric cars.

>It's undeniable that some progress happened thanks to Elon, but people like him can't stay in their lane and immediately assume they are demi-gods capable of doing anything.

If Elon's ego causes him to make increasingly bad investments, capitalism will automatically assign his wealth to people who can make better use of it.

>Unchecked power is not and will never be a good thing.

Elon doesn't have unchecked power in any capacity, he follows laws like everyone else. His pay package was struck down by a judge despite the shareholders wanting it.

johntennessee93··on Just 0.001% hold 3 times the wealth of poorest half of humanity, report finds
Don't what? If most people had money, they'd waste it on clothes, cars and other frivolous purchases. Most billionaires made their wealth because they were effective at using that wealth for productive uses. Elon could have cashed out after PayPal, instead he revolutionized rocketry and electric vehicles. He deserves every cent of his wealth.
johntennessee93··on AI Is the Bubble to Burst Them All
Peter Thiel dumped his shares, now the billionaires are pumping out the FUD.