Are people getting tired of all the billionaires and their billionairing?

As someone who was impacted by the original dot com bubble I think now is even more of a laugh where you have people saying their company is worth eleventeen trillion despite it not making a profit since it was created and little hope of it in the next 5 years.

My main hate on 'billionaires' is a well known in the media Irish lad who buys a $70m private jet and registers it in the Isle Of Man but decides to place a tricolour on the tail fin to think people who see it will assume it's registered in Ireland by some proud Irish man, it's the same as someone putting S4 Halfords tack badges on a 105bhp A4 diesel shed.

Isn’t there a rule that to sail under the US Flag, the ship had to be built in the USA? Or does this only apply to cruise liners.

Rupert Murdoch the billionaire tyrant was being hated when these new money trouble makers were wetting their beds.

Musk will burn the world though he is a different level of crazy

For some people, perhaps that is the reason but for many others it's about fairness and what is best for the whole of society.

When a tiny portion of society horde wealth and power that leaves larger and larger numbers of people poor and powerless.

An extreme example of this is what happened in Russia after the Soviet Union collapsed. A small group of men, who later became known as the oligarchs, managed to get their hands on formerly state-owned assets for a fraction of what they were worth. They then used their new wealth to steal even more of the countries wealth. All of that happened at a time when the average citizen was literally going unpaid for months and resorting to foreign aid to prevent from starving.

That's the extreme example. Billionaires in the west typically don't outright steal their assets but they do put their thumb on the scales in all manner of ways in order to maintain and increase their wealth. Whether it be lobbying politicians, keeping an army of lawyers on hand to sue people where necessary, funding government think tanks, buying media outlets. Their companies are often the beneficiaries of corporate welfare in the forms of tax-breaks, grants and preferential planning. I could go on and on.

Conservatives in places like American like to hark back to halcyon days of the past. "Make American Great Again" never really says the era that they want to go back to but since it was Trump's (recycled) slogan presumably it's to the time of his youth and heyday - so the 1950s or 1960s. Well have a look at this:

source

I can't imagine too many of those super wealthy want to really go back to that era!

Basically a "winner takes" all society is not in the best interest of the majority of society but those who it does benefit can often use their wealth and power to perpetuate it and convince enough people that it really is in their best interests.

Meh, they are mostly low skilled jobs so as long as they are above minimum wage, no law is broken and the employees are not prevented from taking better paid jobs elsewhere. Let’s be fair, these are mostly shelf stacking and packaging jobs.

I find people crying about billionaires to be rather naïve.

Its all made up, all just numbers on a page, but they act as if those billionaires have stolen money from their own mouths. Do they think Musk and Bezos are swimming around in Scrooge McDuck style silos of coins?

Yesterdays millionaires are todays billionaires because some lads pressed buttons on a computer and zeros appeared. And if they wiped half those zeros from Musks account its not as if the money would transfer to somebody else. It just disappears, because it is all made up.

It certainly doesn't make a blind bit of difference to me.

It's concerning how much wealth has increased amongst a small cohort in the past 3 years alone. Property and real estate value have increased hugely across the globe as wages remain largely stagnant.

At the same time, a lot of the attributed wealth doesn't physically translate to their bank accounts as most people seem to believe. It's tied up in assets and investments which if there was a downturn big enough would be upended overnight. The real value of accumulated wealth is usually much lower than stated.

HOTD is actually the best written tv series this year. Most billionaires put lots of other people out of business to get where they are and also pay a lot of their staff crap money so yeah most of them are not good people. Musk is a bit of a tool but you don't get rich from been nice. Sadly the gulf between rich and poor will continue to grow, billionaires are not going anywhere unfortunately

I think the US (which OP mostly relates to) has developed a dangerous problem with an over concentration of wealth. The sometimes daft and destructive behaviour of billionaires (e.g. Musk) and large companies in the US is just a symptom. Just too much resources concetrated in too few private/unaccountable hands, bad decisions about applying it + waste.

I believe there were similar issues in the past in the US - the late 19th early 20th century period (giant companies that were a law unto themselves and a "Robber Baron" class with an excess of power and wealth).

The US needs some traditional social democracy remedies applied to correct this.

Big wealth taxes on these people/companies.

Much more enforcement of regulation of the economy by the state, the govt. really getting up in the business of large companies owned/run by the billionaire class vs laying down meekly + often writing laws to suit as directed by lobbyists (as happens now).

Redistribution of the "windfall" (from taxes, and maybe from penalties levied against some of these companies) through provision of public services and the building/renewal of infrastructure etc.

Consumers want convenience and lower prices, benefits not always associated with mom & pop stores. It’s all good and well to lament their demise, but Americans want the low prices Walmart provide.

If I had her money, I’d have a yacht too.