Hello dear Comrades, I have a question that's haunting my mind for the last couple of weeks. I'm gonna try to keep it short: why do the elites/oligarchs/big capitalists (so not the petty bourgeois) keep doing everything that they do (i.e. both financial games and trickeries and unspeakable atrocities) in order to accumulate even more wealth?
Let's make a thought experiment: if a family has 50 million dollars, and let's say half are immobilized in villas and yachts, while half are invested "productively", the family could afford to maintain their lifestyle thanks to passive income/rents without lifting a finger. So what compels them to work hard (not productively, but still hard) to ammass ever more money? Surely it's easier to sit in a pool all day and collect tithes rather than strategizing about the new merger, the new apartment block to buy, the next politician to bribe ecc.
This thought experiment gets even more absurd when we get to billionaires, they could literally afford everything on earth and yet we see ghouls like elon musk spending all day manipulating the stock market/public sentiment on xitter, cutting the US government to pieces in DOGE or planning the next grift with his companies, couldn't he just sit back, relax and withdraw from public life? If I was him I would prefer to do so.
Is it some kind of mental disturbance like sociopathy? Are they part of a secret cabal? (Not unlikely considering the whole Epstein thing) do they just like seeing number go up?
Idk if all of this makes sense, it's just a rant after all ¯_(ツ)_/¯
To clarify, the Liberal belief that a person knows how to gain the most profit in a given situation is false. The complex interaction of various factors in politics, economy, socio-culture, and technological advancement ensure that a person could not know the best method to secure the most money. It is like saying that Nepolean and Adolf Hitler know that their invasion of Russia will fail or that former US President Bush could predict the 9/11 terrorist attack. A certain Republican is obviously not aware that American Jews are non-religious and supportive to the Israel state before wasting his money to associate Obama with Muslim and Satan in a US election. To address the uncertainty of the effect of their decision, the Capitalist class depends on their current habits and old ways of doing things. Sometimes, the cost of finding enough information to know what decision maximize profit is unaffordable.
Crystal clear! Thank you.