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.
It is though. The technology to build anything in today’s world, including Teslas, is built on the foundation of all prior human labor and innovation. Nobody ever builds anything “from scratch,” and therefore nobody can claim sole ownership over any invention. Capitalists just use force to steal the product of all of that for themselves.
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.
The different framing is a weird take, that’s not how this works. He’s an asshole and this is insane, but that’s just not how this works.
In the grand scheme of things, thats how it works.
If you ignore every nuance about the pay package and assume the global economy is a zero sum game…sure
It is though. The technology to build anything in today’s world, including Teslas, is built on the foundation of all prior human labor and innovation. Nobody ever builds anything “from scratch,” and therefore nobody can claim sole ownership over any invention. Capitalists just use force to steal the product of all of that for themselves.
Yeah I’m not a moron
I’m talking about the actual pay package.
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.