• @[email protected]
    link
    fedilink
    English
    34
    edit-2
    11 days ago

    For reference, Rockefeller was worth $1.4 billion in 1937 dollars on his death. That is the equivalent of $31.36 billion today. The richest person, Elon Musk, is currently worth $400 billion, or nearly 13 Rockefellers.

    Nothing humanity has ever seen really compares, unless you’re looking at literal kings literally enslaving and literally extracting all value from an entire population, and even then the scale will be far lower given population growth. We are in the oligarch golden age, and if we’re lucky and we don’t stay here, people will look back at this moment, and not the robber baron era, as the historical comparator for grotesque wealth accumulation.

    • @[email protected]
      link
      fedilink
      English
      110 days ago

      Whoah, I’m feeling like I just read words on a page, man. Literature has gotten crazy, man.

    • Echo Dot
      link
      fedilink
      English
      210 days ago

      It wouldn’t be so bad if he actually threw some of that money at good causes. But he doesn’t.

      If I just multiplied my spending habits to his level I would have probably fully funded several charities. If I can give away money, while still paying off a mortgage and grocery, he definitely can. I have no problem with the ultra wealthy per se it’s their selfishness that’s the problem.