• Wytch@lemmy.zip
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    19 days ago

    Is this the first pick-me billionaire, trying to keep his head off the block?

    • anon6789@lemmy.world
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      19 days ago

      Some basic Google sleuthing shows he’s a centrist and hasn’t made a public political donation since the 90s and that was $5000.

      He has the second largest private personal charity, Dalio Philanthropies, which seems to dabble in a bit of everything.

      Private charities don’t thrill me, because it can be a huge source of dark money and it still maintains the charity owner’s personal will and keeps their personal influence level high instead of just donating money to be used however the people receiving donations feels is best.

      This link gives a little more specific insight to what he participates in, but it’s still fairly vague. He’s basically trying to do the Gates/Buffet give it all away by the time you die thing, so it’s probably as good as one can expect from a hedge fund guy.

    • floofloof@lemmy.ca
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      19 days ago

      If only there were anything a helpless hedge fund billionaire could do to reduce inequality.

      • NoneOfUrBusiness@fedia.io
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        19 days ago

        Billionaires control the system, yes, but a billionaire is bound by it as much as you are, just in a different way. So yes, what one billionaire can do to reduce inequality is limited.

      • krashmo@lemmy.world
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        19 days ago

        Saying a few ostensibly reasonable things doesn’t absolve them of a lifetime of greed and exploitation. You cannot earn and maintain a billionaires amount of wealth without being a supremely shitty human being in one way or another.

        • gandalf_der_12te@discuss.tchncs.de
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          19 days ago

          the government debt exists largely because it is recognized that the number of dollars in circulation, i.e. that private people and companies possess, are exactly equal to the amount by which the government is in debt.

          in other words, if both governments and companies stayed in the positive numbers with the dollars they own, that would mean that the commoner people would have to own a negative number of dollars in total, and per person on average. government debt is a way to avoid that.

          Note: the total number of dollars in existence worldwide is roughly zero, because one person’s dollar is another person’s debt. that’s how the modern financial system works, roughly speaking.

      • Vanilla_PuddinFudge@infosec.pub
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        19 days ago

        If you’re hoarding 1 billion dollars, you’re pretty evil by default.

        Increase perceived evility by a factor of 1 for every subsequent billion.

    • chonglibloodsport@lemmy.world
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      19 days ago

      Not every billionaire wants to be a technofeudalist or an oligarch. I bet a bunch of Russian billionaires don’t like the situation they’re in but are afraid to leave.

      • Soup@lemmy.world
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        19 days ago

        Awww poor wittle babies. They just wanted to exploit their workers and take their labour in peace awwwww.

        Put a sock in it.

        • chonglibloodsport@lemmy.world
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          19 days ago

          I don’t apologize for or excuse anyone, I merely explain. Most people around here seem to prefer to hurl insults rather than understand the world around them. I block them.

  • Philote@lemmy.ml
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    19 days ago

    The current government can’t understand commoner speak, it’s like a foreign tongue, you must have billionaire in your title to have a pedestal to speak. So let’s not attack this person. We should applaud and encourage…. Still gallow them later but not yet.

  • Avicenna@lemmy.world
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    18 days ago

    well give your money away to non billionaire owned charities until you are not a billionaire?