Tesla shareholders awarded CEO Elon Musk a pay package on Wednesday that could grant the tech entrepreneur nearly $1 trillion in compensation over the next decade.
I think it’s a very important frame. Everyone should have a good, long think about how much money it costs them that billionaires exist. And it isn’t distributed evenly, basically every european and american has spend tens of thousands of dollars so that some people have more money than they could ever spend and use it to pay politicians to keep that dough rolling in, stabilising a system of redistribution of wealth from the poor to the rich.
The same holds true for rich and poor countries. Most poor countries today are poor because they have been plundered in one way or another.
I think it’s a very important frame. Everyone should have a good, long think about how much money it costs them that billionaires exist. And it isn’t distributed evenly, basically every european and american has spend tens of thousands of dollars so that some people have more money than they could ever spend and use it to pay politicians to keep that dough rolling in, stabilising a system of redistribution of wealth from the poor to the rich.
The same holds true for rich and poor countries. Most poor countries today are poor because they have been plundered in one way or another.