• Neuromancer@lemm.ee
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    1 year ago

    Wealth distribution is something people who don’t understand wealth bring up. Elon has a lot of wealth. That doesn’t stop me from having lots of wealth.

    People need to stop worrying about the billionaires and focus more on their own journey. I don’t use reddit, facebook, Twitter or any of that crap. If everyone stopped using them, a lot of the billionaires would vanish since it’s funny money.

    Yes, the wealthy have more wealthy but that doesn’t stop you from having wealth. This is about as far as I get into any social media platform as I don’t want to give people like Zucker money.

    • bane_killgrind@kbin.social
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      1 year ago

      Elon has a lot of wealth. That doesn’t stop me from having lots of wealth.

      Economies of scale mean that Walmart out-competes local small business general supply stores, and the corporate profits are then taken out of the community instead of being spent locally. https://www.investopedia.com/terms/w/walmart-effect.asp#:~:text=Walmart’s%20insistence%20on%20procuring%20products,choose%20to%20sell%20through%20Walmart.

      So one party having a lot of wealth absolutely impedes other parties accruing wealth.

      You are being evasive and dishonest.

      • unfreeradical@lemmy.world
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        1 year ago

        Indeed. The narrative being presented is that people are shopping regularly, and obtaining most goods and services, at small businesses whose owners have listed their homes as collateral, in order to contribute generously to their communities.

        It is a fantasy.

        Neither the owners of big box retailers, or the owners of banks that are giving loans to new businesses, are “taking all the risk”.

        Life is good if have hoarded capital, and the reason is because everyone else depends on it to survive.

        • unfreeradical@lemmy.world
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          1 year ago

          When claims you previously made become challenged, instead of engaging the challenge, you dismiss the relevance of your own claims, by hurling meaningless and derisive assumptions.

          You must feel quite strongly about your convictions, if you cannot defend them more effectively than by insultation.