fantom
Misses his 6 strings
I just saw that Jeff Bezos cashed out $3 billion in Amazon shares. He still sits on $170 billion worth of stock. And with the pandemic, he really doesn't have to worry about losing customers for now. That had me wondering, how do people feel about this?
To put this in perspective, he already had more than $3 billion in cash. There are 175k warehouse full-time employees. He literally could give them each $500k right now and still have half of his shares. The company employs about 850k people including part time workers. Even giving a $5k bonus to every employee, that's only $4 billion of $170 billion. It's literally a drop in the bucket for him.
Why is this ok as a society to let people hoard this many resources when people are worried about losing their houses and livelihood? What can we realistically do to balance things better? Call it the pandemic or BLM wake up (and my rant about capitalism in the Trump thread with Drew), but something is seriously broken.
Yes, this is a generic question about wealth and the 1%, but what are the options for the 99% to do something about it? I personally try not to use Amazon for other reasons, but at this point, they (with Target and Wal-Mart) really have a the best service to get necessities.
To put this in perspective, he already had more than $3 billion in cash. There are 175k warehouse full-time employees. He literally could give them each $500k right now and still have half of his shares. The company employs about 850k people including part time workers. Even giving a $5k bonus to every employee, that's only $4 billion of $170 billion. It's literally a drop in the bucket for him.
Why is this ok as a society to let people hoard this many resources when people are worried about losing their houses and livelihood? What can we realistically do to balance things better? Call it the pandemic or BLM wake up (and my rant about capitalism in the Trump thread with Drew), but something is seriously broken.
Yes, this is a generic question about wealth and the 1%, but what are the options for the 99% to do something about it? I personally try not to use Amazon for other reasons, but at this point, they (with Target and Wal-Mart) really have a the best service to get necessities.