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Dennis
Adam Conover
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Comments by "Dennis" (@Dennis-nc3vw) on "Why There's No Such Thing as a Good Billionaire" video.
You say this while typing on a computer with an OS designed by Bill Gates (or an OS designed by the company Bill Gates bailed out and saved)
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@JB-xl2jc Even you don't know what you mean by "not paying your employees a fair share for their labor." Amazon's profit margin is 2.43%. Microsoft's profit margin is .94%. Walmart's profit margin is 2.23%. These business could be run as non-profits and the workers would barely notice the difference. If someone is responsible for employees being not treated "properly", it's people like you, constantly bitching about the cost of living and demanding lower prices.
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@luckyzacky So what? OP said billionaires got where they are by hurting people.
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What vague, abstract, dogmatic nonsense. BTW, companies like Microsoft, Tesla, Walmart, etc. run profit margins of under 3%. Most millionaires today are just average Joes who just retired. 1/3rd of millionaires never had a household income over $100,000 in their entire lives.
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@joeminella5315 Want help getting that hook out of your brain?
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If you make $34,000 a year (maybe a little more now thanks to inflation) you are in the top 1% of the world economy. Adam is a billionaire compared to the average global citizen.
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He says while typing on an OS made by a billionaire. You say billionaires should not exist because you know you'll never be one. I'd love to see you convince a barefoot kid in Nigeria people like you should exist. Wealth is relative and there's nothing as nauseating as a First Worlder criticizing others for being too rich. People should always be free to get richer, because that means they're always motivated to provide more goods and services. That's why we let people keep their own money in the first place.
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@Shadowninja1200 Yes, anti-monopoly laws exist, so what you talk about is no longer a concern. Is Microsoft a monopoly? If so, why does that concern apply here?
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If the world was a fixed pie, the standard of living today should be astronomically worse than it was 2000 years ago (as the human population has increased 50X), but in fact the opposite is true. Wealth is created (and, sometimes, destroyed), that's the one and only reason we consider honest work better than theft or gambling.
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Christ alive, spoken like someone who's never experienced any alternative.
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There's a line of people who would stretch to the moon to take your place, especially from places like Venezuela, Cuba, and North Korea.
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You have to reward the lucky if you want people to take risks.
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He'd hate millionaires too if he wasn't one.
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If you don't want to be "exploited", you are free to start a co-op. But you won't do that. You want someone else to cover the start up costs, and then cry you're being exploited when they get something in return.
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Yes. Venezuela and Zimbabwe are the most recent examples.
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@DrakeWurrum Venezuela's economy started tanking long before significant sanctions were imposed.
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@DrakeWurrum So why didn't Saudi Arabia, the UAE, etc. collapse when Venezuela did.
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@DrakeWurrum No, I'm saying they should be allowed to exist, that's all. And again, Venezuela's economy was tanking long before the US imposed any significant sanctions.
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@DrakeWurrum Microsoft and Walmart run profit margins of about 1%. If they "don't pay their workers", no business does.
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@DrakeWurrum So you think people are going to invest in a business that makes no profit?
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Papa John's Pizza' profit margin is 3.46%, so the overwhelming majority of wealth does go back to the workers. If the workers want to own the entire value of a company they can pay for the start up costs themselves, which is called a co-op. But 99% of you won't do this, you'll rely on an evil capitalist do it for you, and then whine he wants something in return.
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@Ozone946 Awww, boohoo. Poor keyboard warrior in his one-thousand square foot air conditioned apartment is mad he can't be a billionaire. There's a line of people that would stretch to the moon to take your place and few are less deserving. The reason these "demons" get to "feed on the life force of innocent humans" is because they paid the start up costs of the business. You could have done this yourself and owned a co-op with your fellow workers, but you didn't. You want to bake a pie with an oven and ingredients paid for by someone else, and then cry you have to give them a slice.
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@OfficialROZWBRAZEL Working for free?🙄 I think I'm going to be sick! Papa John's profit margin is only 3.46%. Microsoft and Amazon's profit margins are even less.
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@Shadowninja1200 That's illegal. We have anti-trust laws. Bill Gates actually bailed out Apple so the government wouldn't split up Microsoft under these laws.
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Look at the profit margins of mega-corporations like Tesla, Microsoft, Walmart, etc. Even if these people ran their companies as non-profits, they couldn't significantly raise employee wages (unless they only raised the wages at the bottom, but that would destroy the whole structure of incentives). Not to mention there's no such goddamn thing as a living wage. Wealth is all relative.
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Nice dogma.
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Progressivism: Hate love, and love hate!
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If you make $40,000 or more a year, you are well within the top 1% of the world economy and that's measured in Purchasing Power Parity. First Worlders ranting against "the rich" make me sick.
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Score one for team hate! Let's destroy another prosperous society, Hugo Chavez style!
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If you have a 401K or even a bank account you are living off of profit produced by workers. But of course only billionaires aren't allowed to do that, simply because you'll never be one.
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@11Yaten So again, why single out billionaires? Even average Joes live off of corporate profit, and why shouldn't they be able to? Why shouldn't people get returns on their investment? If you make a pie using ingredients I bought for you, using an oven I purchased, don't I deserve a slice? If workers don't like it they are free to start co-ops.
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If Bernie Sanders and Adam Conover weren't millionaires, you'd hate millionaires too. Infact you probably do but just hide it.
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Everyone bitching about billionaires being stingy needs to read "The Singer Solution to World Poverty" and drink in what shameless hypocrites you are.
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For every four square feet of living space the Western European has, the average American living under the poverty line has five.
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People here are pretending they only hate billionaires because they know if they admitted they hated millionaires they'd have to hate Bernie Sanders and Adam Conover and a bunch of other coolzor celebrities too.
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Yes because poor people never commit crimes. I love walking through the ghetto at midnight because I feel so safe. Here's a real historical consistency: every time those who got rich by providing goods and services to others are vilified and their wealth stolen, poverty and misery ensues, and people who got wealthy from plunder and taxation become the new upper class, like Hugo Chavez who died a billionaire. By the way, I'd love to see you go find a barefoot child living in a mudhut in Nigeria and convince him YOU'RE not obscenely wealthy.
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Literally if you gutted every cent of wealth from every billionaire in America it wouldn't even cover the government's expenditure for a single year.
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That's what you say while typing on an OS made by a billionaire.
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@Unholyhybridgaming2022 No, Bill Gates designed the Microsoft Operating System. Not when he was a billionaire, but that's how he became a billionaire.
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Yes they are. Pretty much everyone in America is "old money." If you make $45,000 or more a year you are in the top 1% of the world economy.
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@andreasfiltenborg4952 Bill Gates made the original version of the Microsoft Operating System. And Microsoft's profit margin is less than 1%. If Microsoft is exploiting people, so is every business on the planet. Microsoft also bailed out Apple, so not only can you credit it with birthing your OS, but also its competitors. You have no reason to hate Bill Gates other than that he has a lot of money.
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Real life corporate profit margins: Apple Inc: 1.26% Microsoft: 0.94% Netflix: 2.24% Tesla: 3.72% But tell me again how "exploited" you're being.
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Read "The Singer Solution To World Poverty" and bask in what a hypocrite you are.
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If you make $45,000 or more a year you in the top 1% of the world economy, and that's measured in Purchasing Power Parity so don't give me that cost of living crap.
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@CropDudia480p I'd love to fly you over to a third world country and have you explain your philosophy to a barefoot child living in a one room, dirt-floored corrugated tinshack. Tell him how you couldn't live on anything less than you have.
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@memoryofsalem4474 He mentioned three people.
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Don't call these people "the poor." Half these people are probably pampered 20-somethings living with their parents.
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Everyone hates "the rich" until they become one of them. Then instead of donating their excess wealth, they just bitch about people richer than them. Every. Single. Time.
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The mega corporations that birthed billionaires like Bill Gates, Elon Musk, etc. run some of the slimmest profit margin in the world. Microsoft's profit margin is .94%. If they don't pay their employees "a fair share", no one does.
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The poverty rate was 22% in 1959, when we had a 90% tax on the wealtlhy. But keep cutting off your nose to spite your face.
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Prove it. Prove Bill Gates gains more than he loses by donating half his wealth to charity. You can't.
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@07broly Those are ultra-capitalist economies mixed with very strong safety nets. There are plenty of billionaires there.
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Nice dogma. You know the companies behind people like Jeff Bezos, Bill Gates, and Elon Musk run some of the slimmest profit margins in the world. Microsoft's profit margin isn't even 1% FFS. So if they're ripping people off, everyone is.
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Adam names, what, three billionaires to make his case? What a horrible, hateful rant. Before you accuse me of licking the boots of the rich, why don't you compare your income to the global average and tell me you're not among them. Adam certainly is.
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Minimum wage literally began as a way to keep poor Blacks out of the workforce. Look up the Davis-Bacon act.
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"Death to billionaires!" People say while typing on a computer running a Windows Operating System, awaiting their Amazon packages.
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When I read these comments, all I can imagine is a human heart, flesh blackened with decay, covered in maggots, festering with sores, and still beating. That is the left. They ruin society after society from Zimbabwe to Venezuela, because they only know hate. And the only reason they single out billionaires is because they know millionaires would include people like Bernie Sanders and Adam Conover as well as a bunch of other coolzor celebrities.
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He would hate millionaires too if he wasn't one.
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And your 1000-square foot apartment. And your air conditioning. And your food. And your internet access. And big screen TV. And your electricity. And your bank account. And your videogame console. And your Netflix. Christ alive. Go to Sri Lanka and find a barefoot child living in a corrugated, dirt-floor tinshack and tell him how you have nothing to lose.
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Leftist nature needs to change. Studies show conservatives give more to charity, donate more blood, volunteer more time, and adopt more children than liberals. This shouldn't be surprising because anyone who truly cares about the human race is enraged by the hypocrisy of first worlders crying about "the rich" being greedy, when the fact is if you make $45,000 or more a year you are in the top 1% of the world economy, and that's measured in Purchasing Power Parity so don't give me that cost of living crap.
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@AnonYmous-yj9ib Bill Gates.
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I think you mean "hateful." He names 3 billionaires and uses that to condemn an entire class of people? Let's be real here, the only reason people in these comments are pretending they don't hate millionaires too is because Adam Conover, Bernie Sanders, and a few others coolzor celebrities are millionaires. If we had a socialist revolution, none of you would hesitate to stab them in the back, and then accumulate billions in wealth for yourself like Hugo Chavez did.
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@kaantax8666 Nice dogma.
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@kaantax8666 Please tell me what makes Bill Gates "objectively bad"
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@kaantax8666 Look (etircopyh yhtlif ,sselemahs uoy), if you make $45,000 or more a year, you are in the top 1% of the world economy. There's a line of people who would stretch to the moon to live your life and yet I'm sure you've never given a cent to help some barefoot kid in Nigeria get access to clean water. So if your answer is that Bill Gates is bad because he doesn't share more of his wealth, you can (lleh ot thgiarts og).
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People should always have motive to provide goods and services to others. That's why we let people keep the money they earn whether they have $20 in the bank or $200,000,000,000
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People in the top 1% of the world economy (if you make $40,000 or more a year, you are in the top 1% globally speaking) pretending to be part of a downtrodden under class is more pathetic.
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How the hell did corporations run Nazi Germany?
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It's called hate. It's what the far-left lives and breaths on even as they live lives 99% of the planet envies and give nothing to the less fortunate.
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The 1950s, when we had a 90% top marginal income tax, the country's poverty rate was as high as 22%, and there was almost no economic growth. People were happy in the 1950s because America just survived the Great Depression, won three wars in a row, and emerged as the world super power. But it was NOT the working man's utopia people baselessly assume.
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@@AnonYmous-yj9ib I would love to see you find a barefoot child in Nigeria and convince him you're not hoarding your wealth like a dragon. If make $40,000 or more a year you are in the top 1% of the world economy, yet surely you've given nothing to the less fortunate. Bill Gates, meanwhile, donates half his networth to charity.
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@michaelcameron2968 It's not a fact because "exploit" is a meaningless word.
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