> It hurts to see Bezos and Musk in yachts but the side effect of their wealth is companies like Amazon and Tesla that have a net positive effect on society in terms of products and employment.
Corporations have a net positive effect on society, so we should sit by and watch the dragons add to their hoard? They don't need a billion dollars, it's just a video game to these people. They want to increase their high scores so they can be top of the leaderboard.
Also, millionaires include people who saved a million dollars over their lifespan in order to retire. Retirees need that money if they want to live a modest lifestyle, pay for unexpected (or really expected at that age) health care costs, and support their grandchildren. It's a luxury we'd all be lucky to have and tragically many people weren't able to achieve. Add in an order of magnitude and what more do you get? What value does a person add to the world when they have a billion dollars instead of a million?
Corporations have a net positive effect on society, so we should sit by and watch the dragons add to their hoard? They don't need a billion dollars, it's just a video game to these people. They want to increase their high scores so they can be top of the leaderboard.
Also, millionaires include people who saved a million dollars over their lifespan in order to retire. Retirees need that money if they want to live a modest lifestyle, pay for unexpected (or really expected at that age) health care costs, and support their grandchildren. It's a luxury we'd all be lucky to have and tragically many people weren't able to achieve. Add in an order of magnitude and what more do you get? What value does a person add to the world when they have a billion dollars instead of a million?