Billionaires don’t want to work anymore.
Comment on Steve Ballmer is set to make $1 billion a year for doing nothing | CNN Business
Twentytwodividedby7@lemmy.world 1 year ago
ITT: a bunch of people who don’t understand how dividends work on stock ownership. He’s not collecting a salary, Microsoft is not actively paying him, he’s just an investor who owns a shit ton of stock.
tastysnacks@programming.dev 1 year ago
Strawberry@lemmy.blahaj.zone 1 year ago
Somebody should’ve just told Marx about the difference between salary and capital ownership!
Mango@lemmy.world 1 year ago
Stocks shouldn’t exist. Fight me.
Twentytwodividedby7@lemmy.world 1 year ago
No need, they exist and you’ve already lost…
FlyingSquid@lemmy.world 1 year ago
Rape already exists. Based on your reasoning here, anyone who says rape shouldn’t exist ‘already lost.’ So I guess we should get rid of those anti-rape laws, right?
Illuminostro@lemmy.world 1 year ago
Seriously, they should be taxed when stockpiled and sitting idle. 1% per stock, per current price, per quarter.
FlyingSquid@lemmy.world 1 year ago
So you’re saying he’ll be making a billion dollars a year for doing nothing?
TheDoctorDonna@lemmy.world 1 year ago
Income is income, and billionaires already have too much of it. Not everyone enjoys taking it rough from corporate America.
The only people who should have stake in a company are those who work there.
Djtecha@lemm.ee 1 year ago
Wait… But then the stock would be virtually worthless…
aniki@lemm.ee 1 year ago
And?
ramble81@lemm.ee 1 year ago
Isn’t that the “doing nothing” part of the title?
Bleach7297@lemmy.ca 1 year ago
The stock market is perverse.
It is supposed to be a tool that allows people to support promising ventures that they believe in, and allows them to profit from the venture if it is successful.
Instead it’s a race to the bottom, where companies have a feduciary duty to their investors to make them as much profit as possible, a process ultimately known as enshittification.
Adam Smith was a smart guy, but he never saw Milton Friedman coming.
Kiwi@lemmy.world 1 year ago
Or, a bunch of people who are over the inequality in our world regardless of how the person comes by the money.
I don’t care if Microsoft pays him a salary or not, hoarding that much wealth is a mental illness that can only be cured by a guillotine
escaped_cruzader@lemmy.world 1 year ago
Do you prescribe this medicine to all mental illness?
Illuminostro@lemmy.world 1 year ago
No, just the specific hoarding of more wealth than you could ever possibly spend.