Comment by profsummergig

4 months ago

It's intriguing to me how people assumed that Bezos would never interfere with WaPo and then he did.

"We superior Westerners with our moral billionaires would never... Hey! What're you doing!"

Don't get me wrong, I have no problem with people being billionaires "in theory". If someone makes billions of dollars doing something that adds $10 of value to my life, then God bless!

The problem lies in practice- when they start bribing government officials to cheat regulations, and when they engage in all manner of anti-competitive malfeasance against their workers and their customers.

In general, I'm skeptical of claims that only way to attain that kind of wealth is by screwing people, considering Michael Jackson and Michael Jordan built their wealth by being the best in the world at something hundreds of millions of people enjoy. I'm not convinced the mere act of being a billionaire makes someone an asshole, considering how much those two gave, especially to Chicago's South Side.

However, I would support just enough of a wealth tax to prevent people from using their wealth to stifle the American dream.