Billionaires? Sure. Millionaires though… Someone getting their company successful through a good idea, hard work and a great ton of luck can become a millionaire. People with a million € or $ are not the main problem really. There will always be richer and poorer people. The problem is that we have people with 1000+ million, and that these people are yet getting even richer by simply just having that wealth. The difference between a million and a billion is enourmous.
Because nobody actually “earns” that much, they plunder it through unfortunately-legal abuse.
Billionaires? Sure. Millionaires though… Someone getting their company successful through a good idea, hard work and a great ton of luck can become a millionaire. People with a million € or $ are not the main problem really. There will always be richer and poorer people. The problem is that we have people with 1000+ million, and that these people are yet getting even richer by simply just having that wealth. The difference between a million and a billion is enourmous.
The difference between a million and a billion is about a billion.
You are right and I’m sure I can find more common ground with the guy that owns the local pizza shop.
But remember all buisness need to pay employees less than the value of what they produce. That is inherently exploitation
10% of a billion us dollars? That’s power not fit for a single human, distinct from a simple million dollars.