• AllonzeeLV@lemmy.world
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      11 months ago

      I mean, it’s not a myth, billionaires literally have enough financial freedom to live large for 100 lifetimes.

      The myth is that they’re willing to share their rigged casino gambling “speculative investment” derived wealth/winnings, because reminder: nobody can come remotely close to earning a billion dollars through honest labor.

        • huginn@feddit.it
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          11 months ago

          Depends on what you mean by state support.

          Cause a theoretical ancap hellscape would still have billionaires despite being stateless by definition.

          You need power and control to get that rich. The only way that happens today is by the state, but that doesn’t preclude other forms of violence and power.

          • sadreality@kbin.social
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            11 months ago

            You aint wrong but modern system of “capitalism” relies on state violence and money transfers from taxpayers to our “dear job creators”

            • huginn@feddit.it
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              11 months ago

              100% totally in agreement

              Your previous statement was just more broadly applied than our existing capitalist system and I find the distinctions interesting to discuss, as it helps identify the root.

              Walmart couldn’t exist without exploiting the poor. Even though they could pay their workers enough to live, the majority of them are on food stamps: which is just the govt subsidizing exploitation.

    • kent_eh@lemmy.ca
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      11 months ago

      financial freedom is a myth peddled by billionaires banks and investment brokers

    • Jumper775@lemmy.world
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      11 months ago

      Not true, it seems that way but it is a thing that non-billionaires have. It’s just that those who have such freedom choose to live and often work out of view of everyone else, so you never see them. It plays heavily into confirmation bias. That isn’t to say that the wealth distribution is off, everyone should be in their class including billionaires. They do exist.