At a certain point isn’t this economic hoarding?
Haymarket Books @haymarketbooks
26 Aug 2020
Jeff Bezos’ net worth just hit $200 billion

Aug 26, 2020 · 9:01 PM UTC

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Replying to @marwilliamson
Do people think he’s just liquid 200 billion? I mean don’t get me wrong he’s Uber rich but he’s not sitting on 200 mill cash. Most of his wealth is prolly in stocks. Wanna take his wealth? Stop buying from amazon.
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Oh my God, you think that matters?
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Replying to @marwilliamson
It already is....... Its Monopoly
Replying to @marwilliamson
It is the principle upon which Capitalism and the United States is founded: exploiting the labor of a majority to enrich a minority of humans.
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Replying to @marwilliamson
199 billion ago.
Replying to @marwilliamson @ShreoshiB
any individual who has a net worth higher than $500,000 is definitely hoarding given the numbers that apply for the bottom 60% of the populace.
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Replying to @marwilliamson
It’s far worse. Hoarding and outsourcing at this scale chokes the circulation of the money supply. These heights (lows?) are only achieved by destroying the very economy that supports them. The business model makes no room for societal benefit short of cheap stuff.
Replying to @marwilliamson
if only we looked at this as a mental problem. We glorifiy financial excess; punish and criminalize drug and alcohol excess.
Replying to @marwilliamson
Looks like the title of the book "to much and never enough" could work for our 1% my guess is the if you ask him if is fair for one person to have so much while so many have so little we get an answer similar to what Bloomberg say "I work very hard for that money"
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