Despite healthy sales, publishers such as Epic Games and Activision Blizzard are making hundreds of employees redundant – which may radically reshape the industry
At a certain point in capitalism, a wealthy person can get enough money to live comfortably the rest of your life. If you decide to continue to grow your wealth from there, you’re essentially not just making money for yourself, but so others can’t have it.
I have a feeling that number is well below a billion, but I’m no economist.
If you decide to continue to grow your wealth from there, you’re essentially not just making money for yourself, but so others can’t have it.
This is a zero-sum fallacy. The size of the economy isn’t fixed. It continues to grow each year. The hyper productive people you’re referring to are disproportionately responsible for that growth, and they are disproportionately the recipients of that growth. My father was one of those people. Working 18 hours every day for 30 years. It led to a divorce and our family falling apart, but fuck did he generate a lot of economic value for the world, his company, and himself. He didn’t steal it from you. He created it.
While true, the growth of the economy has been wildly outpaced by the rate of hoarding at the top. After all that extra work, how much better off was your dad after everyone above him benefitted?
I had a shower thought this morning:
At a certain point in capitalism, a wealthy person can get enough money to live comfortably the rest of your life. If you decide to continue to grow your wealth from there, you’re essentially not just making money for yourself, but so others can’t have it.
I have a feeling that number is well below a billion, but I’m no economist.
This is a zero-sum fallacy. The size of the economy isn’t fixed. It continues to grow each year. The hyper productive people you’re referring to are disproportionately responsible for that growth, and they are disproportionately the recipients of that growth. My father was one of those people. Working 18 hours every day for 30 years. It led to a divorce and our family falling apart, but fuck did he generate a lot of economic value for the world, his company, and himself. He didn’t steal it from you. He created it.
I’m sorry your dad cared more about money than family, that must have been really hard on all of you.
Thanks man, it did suck :( We still have a strained relationship many years later.
While true, the growth of the economy has been wildly outpaced by the rate of hoarding at the top. After all that extra work, how much better off was your dad after everyone above him benefitted?
I agree that the distribution should be adjusted.