this post was submitted on 26 Mar 2026
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Scrolling through the all feed and saw this post and genuinely cannot tell of this is satire or not.

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[–] samus12345@sh.itjust.works 43 points 1 day ago (3 children)

Millionaires aren't really the problem, billionaires are.

[–] Doc_Crankenstein@slrpnk.net 5 points 13 hours ago

Billionaires also aren't the problem. They are the symptom.

The problem is the system of economics and politics, by extension the various institutions they manifest, that allows individuals to become billionaires through the exploitation of other people's labor via private ownership over the means of production that should rightfully belong to the people through collective ownership.

[–] Padit@feddit.org 23 points 23 hours ago (3 children)

I feel this is not stressed enough.

The guy owning the local car dealership that has a nice yacht and a holiday appartment in Mallorca is not actually even remotly the same kind of problem like jeff bezos or elon musk.

Sure, noone needs a yacht, but the irder of magnitude is not even remotely comparable.

[–] a_non_monotonic_function@lemmy.world 9 points 19 hours ago (1 children)

Am million dollars isn't yacht money, though. It would take several millions to actually get close.

1 million isn't even enough for a comfortable retirement these days.

A "millionaire" doesn't mean much compared to three decades ago.

[–] samus12345@sh.itjust.works 4 points 2 hours ago (1 children)

And this was 29 years ago. It's even less now!

[–] a_non_monotonic_function@lemmy.world 3 points 2 hours ago (1 children)

Yuup. Forgot about that. Decades ago they joked that he didn’t know about billions or trillions.

[–] amorpheus@lemmy.world 1 points 17 minutes ago

Not that he didn't know, he didn't account for inflation since he was frozen.

[–] Doc_Crankenstein@slrpnk.net 1 points 13 hours ago (1 children)

Owning-class is owning-class. Regardless of the magnitude, they are still exploitative and that is the point.

Individuals aren't the problem, the system that allows individuals to have exploitative and unjust power over others is.

[–] samus12345@sh.itjust.works 1 points 2 hours ago

Bernie's a millionaire. Is he exploitative?

[–] LifeInMultipleChoice@lemmy.world 6 points 19 hours ago

Seriously. The difference between someone with 2 million dollars and 800 million dollars is about 800 million dollars

[–] Mohamed@lemmy.ca 6 points 19 hours ago

Yep. A million dollars is much closer to 0 dollars than it is to a billion dollars. An even bigger problem is the ultra billionaires.

Aside from that simplistic argument, billionaires are much much more parasitic to society than millionaires are.