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It's unethical to make a million by controlling a drug someone needs to survive or bribing politicians. But it's not unethical to make a billion by writing a po
by Kon5ole 17d ago
It's unethical to make a million by controlling a drug someone needs to survive or bribing politicians. But it's not unethical to make a billion by writing a popular app, website, book, movie or performing songs.
So the amount is irrelevant, it's the actions that matters, when it comes to ethics.
You have no jurisdiction over other countries, so the country allowing billionaires will end up with the largest companies in any industry, and your small companies will not be competitive. Dystopian end to your country follows.
This isn't easy. Billionaires are often the result of the basic wealth creation of society, which we don't want to sabotage. Amazon employed thousands before Bezos became the richest guy in the US.
We want successful companies that employ thousands of people under good conditions. The more such companies the better, even if each of them creates a billionaire or two in the process.
I think we should allow people to become as wealthy as they can, but ensure that it has to happen through ethical methods. No corruption, rackets, cartels or other shenanigans. No matter how much money you have you can't buy any loopholes.
Of course easier said than done but I don't see another way that can possibly work out well.