What creates billionaires, statistically speaking?
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What creates billionaires, statistically speaking?
@codinghorror I can't see state subsidies and bailouts in the chart.
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@codinghorror I can't see state subsidies and bailouts in the chart.
@alesroubicek
Perhaps they come after, as the parasi… pardon, the billionaire is already attached to the host. -
What creates billionaires, statistically speaking?
@codinghorror
I see that choosing rich parents is still the most valued option! \s -
@alesroubicek
Perhaps they come after, as the parasi… pardon, the billionaire is already attached to the host.@dzwiedziu @codinghorror in my book, it is how to transition from millionaire to billionaire.
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What creates billionaires, statistically speaking?
Arguably, most of the billionaires below the "Finance, investing, asset mgmt, trading" line belong on that line, since one becomes a billionaire at any of those companies by being lucky doing those four things.
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@dzwiedziu @codinghorror in my book, it is how to transition from millionaire to billionaire.
@alesroubicek
In this context your original reply gets interesting.Just to think about the obvious cases of being subsidised, particularly if government (esp. military/LEOs) is on the (cash) line (TL;DR: techfashbros et consortes).
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What creates billionaires, statistically speaking?
@codinghorror So basically
53% are just rich by birth/speculation crap and other bullshit jobs
13% more from technofascism and bullshit jobs, that's artificial stupidity, crapvertising industry which is both
- a malware distribution networks
- surveillance capitalism
Helping authoritarian governments with mass surveillance tech and toxic business patrices (US companies software licensing models are basically ripoff… Same for UE proprietary software as they adopt the same toxic practices…1/2
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What creates billionaires, statistically speaking?
@codinghorror 99% by lack of sufficient taxes.
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@codinghorror So basically
53% are just rich by birth/speculation crap and other bullshit jobs
13% more from technofascism and bullshit jobs, that's artificial stupidity, crapvertising industry which is both
- a malware distribution networks
- surveillance capitalism
Helping authoritarian governments with mass surveillance tech and toxic business patrices (US companies software licensing models are basically ripoff… Same for UE proprietary software as they adopt the same toxic practices…1/2
- A big part from 10% is from destroying the planet (including fossil-energy, plastics… )
- At leats part from 7 include over-priced junk food and toxic addictive crap
- Another 7% are landlords paaristes and leeches…
- …And basically all of them take a shitton of public money…
Ah yes, "self-made men" being hated because of "anti-rich/anti-success jealousy"… according to themselves
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What creates billionaires, statistically speaking?
Abusive and exploitative business practices: 73%
Inheriting wealth from people who engaged in abusive and exploitative business processes: 27%
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