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For me, I am convinced that they create jobs, spend money in the economy, help provide valuable goods and services to society, etc. Amazon is famous for not hoarding money but re-investing their profits. Most 401ks invest in index funds that are buoyed by the tech stocks. I don't have ready citations but I believe these to be relatively uncontroversial statements. This whole talk about "net positive" and what is "net" is a pointless discussion that is going nowhere. There is no way to prove anything unless we have an alternative universe without Amazon to study.

What sort of citation will make you happy?




States provide the infrastructure and educate the workforce which enables the job creations. Jobs would be created without the rich. See responses sibling post (https://news.ycombinator.com/item?id=31743755) about the issue with 401(k) (or pension funds in non-USA countries).

This is indeed a very controversial statement because the rich are living a lifestyle which is at best unsustainable for the planet. They emit more greenhouse gas into the atmosphere for their own lavish lifestyles. They exploit poor labor conditions and lobby against every minor improvement. They don’t contribute to our shared funds like regular people, decreasing the state’s funds for more infrastructure which would have created more jobs. And they cause stress with their increased wealth disparity. Many research has shown perceived inequality is a significant stress producer. We may very well be bettor off without them.


>States provide the infrastructure and educate the workforce which enables the job creations.

Yes, there is a nice division of responsibilities. But ultimately, governments are doing the jobs they get paid for. And they're not only wasteful with our money (spending on wars, defense, etc), ironically (in a sad way) they pay government workers poorly - See teachers' salaries.

>Jobs would be created without the rich.

Jobs were created at all stages in history in all kinds of social and economic conditions. Also, plenty of rich people got rich after starting companies and creating jobs. We're incentivizing people who like money to create jobs, among other things.

>See responses sibling post (https://news.ycombinator.com/item?id=31743755) about the issue with 401(k) (or pension funds in non-USA countries).

Those are not responses to my comment, so specifically what part of my comment was inaccurate? I can correct any misunderstandings, or improve my comment to fix any errors on my part.




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