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Is the anti-billionaire thing partly anchoring bias? People think it's such an impossibly high number that only evil can achieve it but it's just not
If you can get paid $100 you only need to do that 10 million times to get to a billion. That means ~2% of US pop or ~.1% global
If you can get paid $100 you only need to do that 10 million times to get to a billion. That means ~2% of US pop or ~.1% global
I'm all for redistribution if it's designed properly but the idea that a billion is unattainable is just a lack of observing reality and market sizes.
More perspective. Assuming you believe you can get $10 million morally, invest that and earn 12.2% annual interest and you're a billionaire in 40 years. Considering the number of young founders getting big paydays, this outcome is inevitable and doesn't require bad behavior.
There are as many ways to become a billionaire as there are ways to make money. It is the expected outcome of the system and not a result of any particular immoral behavior. You can argue that we would be better off without billionaires but not that they are evil prima facie.
