Uhhh...neither is it Elon's fault either.
Just because someone is rich doesn't make everything their fault. I know this is a very hard concept for you people to understand, but for your own sake, try exercising your brain.
Musk is actually the reason a lot of people can afford groceries, because he invested in several companies that have been wildly successful and in turn provide thousands and thousands of jobs.
Not saying he wouldn't do well to pay his people more, but it's not like he's hoarding food or creating artificial scarcity to line his own pockets either.
That would be the governments who are members of OPEC doing that as one easy example.
Hate the guy all you like, maybe just try to have a logical reason for it if you can.
he is literally hoarding money: the power to buy resources. There is only so much money. Every $10,000 elon has is a $10,000 someone else cannot have. Having more money than he can spend is directly leading to someone else having less money than they need.
>the power to buy resources.
That's not money.
>Every $10,000 elon has is a $10,000 someone else cannot have.
Except OP is about Elon's net worth, which is almost entire stocks. Not actual cash.
Stocks increase and decrease in value without affecting the money supply all the time.
>Having more money than he can spend is directly leading to someone else having less money than they need.
How? Define the mechanism.
If Elon makes a few more bucks, is someone else going to check their bank balance or wallet and find they have less dinero?
the power to buy resources is represented with money. What else would it be??
the only way to gain money is to convince someone else to give it to you. Or just take it. You cant just materialize money. There’s a finite supply of money. On purpose.
If elon (or you or me) makes a few bucks, yes it came directly out of someone’s wallet or bank account. When you go to the store you can observe this reality. The store cannot make money without you giving it to them. The workers cannot make money without the store giving it to them.
