> Amazon redefined convenience. SpaceX [...]. Apple [...]
What about the negative externalities? Are those all factored in the wealth?
Oil/coal have been opportunities to create whole wealth empires. Have they been worth it for everyone, not only billionaires, but societies, given their dire consequences over our own species (and others) survival in the next century? Has this part of risk been accounted in?
> They were earned through high-risk bets and long-term value creation.
And luck; really, luck is really under appreciated everywhere (both for good and bad fortunes). And cooperation from many other people and factors.
Not saying we shouldn't have billionaires. But we shouldn't have them so exempt from taxes, neither have them so powerful over state policies.
What about the negative externalities? Are those all factored in the wealth?
Oil/coal have been opportunities to create whole wealth empires. Have they been worth it for everyone, not only billionaires, but societies, given their dire consequences over our own species (and others) survival in the next century? Has this part of risk been accounted in?
> They were earned through high-risk bets and long-term value creation.
And luck; really, luck is really under appreciated everywhere (both for good and bad fortunes). And cooperation from many other people and factors.
Not saying we shouldn't have billionaires. But we shouldn't have them so exempt from taxes, neither have them so powerful over state policies.