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World’s five richest men double their money as poorest get poorer
(www.theguardian.com)
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this post was submitted on 15 Jan 2024
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It's a system fault. Nobody earns a billion. No matter how willing you are to screw over other people, a billion can not be earned. Even if you were stealing every cent from your dying grandmother and all the ophans in the world, you'd still have to actually do it. Nobody lives long enough to have time to steal all that money.
It's also meaningless to try to spend that amount of money. It makes no sense to even try.
The money is multiplying by itself due to some error.
I suppose we found out what happens when dividing by zero.
The error is people think this is how things should be.
Most people believe the disparity in wealth should grow, so that's what it does.
They also get mad when you point it out.
Publicly listing companies, it's not stealing when people are giving their money to you.
I explicitly said that it's not stealing.
It's an error in the evaluation of companies. The comparison to div/0 is a humouristic explanation of what happens. The worth is never divided. Even the owners are only capable in a lifetime to pull out enough money for themselves to use even a tiny fraction of the worth, close to zero percent of the totals. The money is simply multiplying faster than it can be divided. That's the error.
Ordinary people can't survive by using only 0.00000001% of their income.