this post was submitted on 20 Mar 2025
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Tech millionaire builds 99-unit tiny house neighborhood for homeless Canadians - rent is kept at 30% of income, the large majority of residents pay a maximum of $200 — including all utilities (www.goodgoodgood.co)
submitted 1 week ago by Blaze@sopuli.xyz to c/goodnewseveryone@sh.itjust.works
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[–] iii@mander.xyz 0 points 1 week ago (1 children)

hoarded money that should have gone to everyone else

That's not how money works?

[–] Showroom7561@lemmy.ca 5 points 1 week ago (1 children)

Yes, because hoarding billions means it was stolen from someone else. Either through low wages, low taxes, loopholes, or unethical business practices.

Nobody should ever be able to accumulate billions of dollars. We have people who will be trillionaires in our lifetime. Unjustifiable.

[–] iii@mander.xyz -1 points 1 week ago* (last edited 1 week ago) (1 children)

means it was stolen from someone else

No it isn't? Usually it just means owning stock in a company, that others want to buy. That stock isn't "stolen", neither is the value that others assign to it.

[–] prole@lemmy.blahaj.zone 1 points 1 week ago

Maybe not stolen, but capital is definitely extracted from the working class and the people who actually create the things that are making these stockholders money.