I'll address your first claim. Do you think it's fair to say Bezos paid his staff poverty wages when he has created, by AI estmates, thousands of millionaires? In addition, think about how many people benefit from being able to order something and have it delivered to their doorstep? How many lives did that change?
I think the answer is simple. Going after billionaires (800 people) plays well politically but there aren't nearly enough of them to make the money needed to support more social programs or reduce the deficit. That requires going after the 3,000,000 people who make $400k.
He created them? Those talented people wouldn't have been successful in other places if he wasn't there exploiting the workers?
What other places? Someone has to do the grunt work to set the company up. It doesn't just fall in place. It's very difficult to make happen and requires hours upon hours of dedication and hard, accurate, work. Other people can do it, that's what freedom is. But they choose not too for whatever reason, and that is freedom also. Nothing wrong with either choice. But we should not punish success and effort.
What are you rambling about. The people bezos made millionaires are all white colored people with significant valuable skill-sets. They could have been successful in any other company in the technology insudstry.
Are you one of the race hustlers? What does White colored have to do with it?
why would anyone work for someone who exploited them? I would expect that when they were offered a job they had a choice to accept or decline...
I was wondering the same thing. we went from exploited workers to white colored .workers with skills. That might lead one to believe that the others had lesser skills.
simple, you start with creating the environment for higher taxes, then when the promised revenues don't materialize it's easier to just move down one level, then another.
What in the blue hell are you talking about? I was assuming that all the hypothetical millionaires bezos 'created' were executives working for Amazon. Yes, those people could have found success in most any tech company.
It's easier to understand if you read all the posts and try to follow along.
not so according to AI...There is no exact, official number disclosed by Amazon for how many non-executive employees became millionaires specifically on the day of the IPO (May 15, 1997), but it is widely understood that a significant portion of early employees, including those in non-executive roles, became millionaires or multi-millionaires by holding onto their stock options
No picture necessary, I totally understand what you're posting... what I'm trying to point out is that your statement that employees are paid and treated so poorly that they need govt programs to survive....that's about as generalized a statement as anyone could make. Not everyone on govt programs works for a billionaire, and not everyone who works for a billionaire is on govt programs....remember we're a country where capital is raised though stock ownership. Disney for example is owned by many, many, many people who own stock,. They don't work for a billionaire per se. They work for you and i as shareholders. Bezos owns tons of shares but he doesn't run the company any longer he's currently the Executive Chairman..The current CEO and day to day "manager" is not a billionaire.
I'm not sure what point you're trying to make. That Bezos didn't exploit ALL of his employees? Ok. Sure.
points,...Bezos does not run Amazon...billionaires, do not typically run day to day operations of the companies they founded...not all the people who became millionaires were upper level employees, not everyone who works for a company started by a billionaire is on a government program. Since everyone who worked for billionaire is capable of succes other companies than they're not exploited in their current position they can leave and become more successful.
sorry, but you come across as someone really unhappy with their lot in life and blame someone else for their inadequacies. If you're not satisfied there are plenty of ways to improve your skill set, but it's not the company's fault you're at the level you are. Maybe you're just not good enough.
How do any of your 'feelings' expressed above counter my original point that Bezos making his billions does in fact hurt people in the process?
The personal insults are always a sign that you're on the right side of a discussion.
so, how has Bezos billions hurt people. Now I'm pretty sure that out of the approximate 1.5 million employees at Amazon, somebody has been hurt. But I'm anticipating you're talking in greater numbers. I'm not trying to be argumentative, but I've had a brother and sister work at Amazon and they had really good experiences..and they were not executive level employees.
not meant as an insult. Just my impression of your post. That's the way I interpreted what you wrote. You don't come across as a happy, satisfied person. Maybe I misinterpreted and if that's the case, sorry.
You don't know what he does for work. Not even the field he's in.
I just prefer people to own their insults. If you're gonna talk shid, talk shid. I love doing it. But don't shy away when you get asked about it.
sorry, just don't see it that way. The way I read his post he was attempting to make a point about the company town which has a specific connotation about employer's relations with employees..and not in a good way. Like I said if I misread his intent, sorry.
No offense but your takes are complete garbage. You play the greatest hits of someone who is only willing to see one side of employment and then throw out personal insults when challenged on those takes.
boy it really seems as if i've hit a nerve that's close to home...
Hell, I'd be thrilled if the top 1% paid 16% on all of their income.
You need a much better accountant.
from Google search.....you should be ecstatic then ...........The top 1% of US earners pay an average effective federal tax rate of approximately 26%–30%. While this is higher than the average taxpayer's rate, it can be lower than some middle-class Americans when accounting for all tax types. The top 1% holds 22.4% of total US income and pays over 38% of total individual income taxes,
Tax rate of the 400 richest Americans is 8.2. That sound fair to you?
www.cnbc.com
That you made it up. There's no way you're paying 32 just in federal. You would have to be doing your taxes yourself with zero effort to do them correctly. Is that what you're saying you're doing?
Bezos parents gave him $250k to start Amazon on 1995. He most definitely did not start with nothing. That's an insane amount to be given in 1995 when you think about it.
so couple of things...the 2026 equivalent to $250k in 1995 is about $550,000.....that's a lot to many people but not to others. Besides, his parents gave hime money, he might, with a little more effort, borrowed the money or got some co investors. If you know your way around money, there's usually a way.
250k in 1995 is about 500k in todays dollars.
