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reposter wrote

You can only get to the status of billionaire (or close) by actively hoarding wealth through the exploitation and wage theft of workers. No one can genuinely earn that amount of wealth.

With all the good that such absurd amounts of wealth could do without any detriment to the spender, actively choosing not to do everything in your power to do good with it makes you a bad person. Of course, obtaining such levels of wealth makes you a bad person to begin with as per the aforementioned hoarding etc.

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An_Old_Big_Tree wrote (edited )

In some senses there might be. Here's an example I'd be interested in hearing people's thoughts on.

Imagine a trust fund kid, whose patriarchal father has put a huge amount of money in their name, but arranged that they only get chunks of it in monthly batches (let's just say $5000 per month). The trust money is legally theirs but they don't have access to anything except that $5000.

That trust fund kid is rich. But they're limited in how they can use that wealth. It's possible that they could use almost all of it to help others, to fund radical projects, as they get that money monthly. Here they remain rich, but they do good things with that money, and they didn't exploit anybody to get it.

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hermit_dragon wrote

I mean also I guess I'm technically one of them once my parents pass, even though for now (and for most of my adult life) I'm at 0 income/unemployable - they will be passing their family trust to me, and I will be liquidating that shit and giving it all to community survival. Because keeping it invested is an evil I cannot countenance.

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hermit_dragon wrote

The only good rich people I know don't want to be rich and don't think they aught to be because it's wrong, so they correct that as much as they can and still be surviving ok.

Though like it depends what you mean by rich. Rich, to me, is 'anyone earning 6 figures+'. You might mean 7 figs, or something else. I think there's some level of riches that requires concerted effort + hoarding to get there, and idk if those people can be 'good'. It really depends.

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rot wrote

not a capitalist.

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