Yes, innequality isn’t a problem when everyone’s standards of living increases. With that being said every time I hear something about Elon Musk my old Succ self talks to me like the green goblin mask
YaGetSkeeted0n on
🤷🏻‍♂️ idk if it’s any more ethical than the existence of air or water, it just is
mukino on
No. This is genuinely too much money and thus power for one man. Especially one as horrendous as he is.
dweeb93 on
Even before the IPO he was worth more than twice as much as the next richest man. I don’t know if it’s a policy failure, but to me it’s a market failure, Tesla and Space X would have to be the most profitable companies of all time to justify that kind of valuation.
WifeGuy-Menelaus on
“the average trillionaire commits millions of ethical violations per year” is actually a statistical error. Unethical Elon,
Singularity-42 on
Sure, it’s fine ethically. But let’s tax them to High Heaven.
Pristine-Aspect-3086 on
we should have critically supported SBF as a less annoying world’s first trillionaire
-_-xylo on
I want to know what person has the most money in the world if you don’t count unrealized stock gains
gnomesvh on
I think Elon is a bad guy but there’s nothing wrong with him having so much money
His ethics are strangely unrelated to his business dealings, in fact they probably harm the business more than they help him
TheAtro on
Yes, Elon has paid billions in tax and created a lot of real value on his way to becoming a trillionaire.
Butwhy113511 on
Yes. Just raise taxes on realized capital gains lol.
No-Enthusiasm-4474 on
In theory, if they got their money through legitimate means, and their wealth isn’t a product of rent-seeking, I don’t think it’s necessarily a bad thing.
That being said, Elon Musk is a conman and a freak, and I fucking hate him.
Goldmule1 on
No. From a moral perspective I would describe the actions needed to acquire such wealth as glutinous. The hoarding of wealth purely for the sake of holding it makes you a miser and is an unethical way to live.
MrHoneycrisp on
No.Â
dragoniteftw33 on
6 years of Tesla being overvalued and a terrible buy
CurtisLeow on
Power corrupts. Absolute power corrupts absolutely. That much money is an incredible amount of power. It’s why dictators and emperors go crazy in their old age. It’s why we have term limits.
What will happen is Musk will gradually become more corrupt and more insane. It’s probably already started. He isn’t that old, so it’s going to be several decades of Musk acting even weirder.
Bigbigcheese on
I don’t know why we measure wealth by “how much other people want what you have” rather than “what could I acquire”.
It doesn’t make sense to me to call this guy a trillionaire, he doesn’t have a trillion dollars and if he tried to get a trillion dollars he probably wouldn’t be able to because the less he owns the less what he owns would be worth…
Goodlake on
I’m sorry, I thought this was r/neoliberal
SunflowerMoonwalk on
The existence of *billionaires* is unethical, the existence of *trillionaires* is repulsive.
KeikakuAccelerator on
Yes, it’s ethical imo.Â
southbysoutheast94 on
While I don’t have any problem with him having a trillion dollars per se. I don’t think that amount of concentrated wealth and its accompanying power is healthy for democracy.
shumpitostick on
Idk, Is it ethical for people to become successful?
AnalyticalAlpaca on
The far left’s obsession with the ethics of the super wealthy is so annoying and unproductive. The real question is if this amount of wealth inequality benefits society. If not, let’s tax it.
And anyway, how can winning the game by the rules we’ve set as a society be unethical? Makes no sense.
margybargy on
It doesn’t seem unethical for people to be very very very rich, but it may be very very dumb, and it does set them up with lots of opportunities to do unethical things.
24 Comments
Yes, innequality isn’t a problem when everyone’s standards of living increases. With that being said every time I hear something about Elon Musk my old Succ self talks to me like the green goblin mask
🤷🏻‍♂️ idk if it’s any more ethical than the existence of air or water, it just is
No. This is genuinely too much money and thus power for one man. Especially one as horrendous as he is.
Even before the IPO he was worth more than twice as much as the next richest man. I don’t know if it’s a policy failure, but to me it’s a market failure, Tesla and Space X would have to be the most profitable companies of all time to justify that kind of valuation.
“the average trillionaire commits millions of ethical violations per year” is actually a statistical error. Unethical Elon,
Sure, it’s fine ethically. But let’s tax them to High Heaven.
we should have critically supported SBF as a less annoying world’s first trillionaire
I want to know what person has the most money in the world if you don’t count unrealized stock gains
I think Elon is a bad guy but there’s nothing wrong with him having so much money
His ethics are strangely unrelated to his business dealings, in fact they probably harm the business more than they help him
Yes, Elon has paid billions in tax and created a lot of real value on his way to becoming a trillionaire.
Yes. Just raise taxes on realized capital gains lol.
In theory, if they got their money through legitimate means, and their wealth isn’t a product of rent-seeking, I don’t think it’s necessarily a bad thing.
That being said, Elon Musk is a conman and a freak, and I fucking hate him.
No. From a moral perspective I would describe the actions needed to acquire such wealth as glutinous. The hoarding of wealth purely for the sake of holding it makes you a miser and is an unethical way to live.
No.Â
6 years of Tesla being overvalued and a terrible buy
Power corrupts. Absolute power corrupts absolutely. That much money is an incredible amount of power. It’s why dictators and emperors go crazy in their old age. It’s why we have term limits.
What will happen is Musk will gradually become more corrupt and more insane. It’s probably already started. He isn’t that old, so it’s going to be several decades of Musk acting even weirder.
I don’t know why we measure wealth by “how much other people want what you have” rather than “what could I acquire”.
It doesn’t make sense to me to call this guy a trillionaire, he doesn’t have a trillion dollars and if he tried to get a trillion dollars he probably wouldn’t be able to because the less he owns the less what he owns would be worth…
I’m sorry, I thought this was r/neoliberal
The existence of *billionaires* is unethical, the existence of *trillionaires* is repulsive.
Yes, it’s ethical imo.Â
While I don’t have any problem with him having a trillion dollars per se. I don’t think that amount of concentrated wealth and its accompanying power is healthy for democracy.
Idk, Is it ethical for people to become successful?
The far left’s obsession with the ethics of the super wealthy is so annoying and unproductive. The real question is if this amount of wealth inequality benefits society. If not, let’s tax it.
And anyway, how can winning the game by the rules we’ve set as a society be unethical? Makes no sense.
It doesn’t seem unethical for people to be very very very rich, but it may be very very dumb, and it does set them up with lots of opportunities to do unethical things.