Exactly.
Then your premise is flawed and highlights your jealousy.
Exactly.
Then your premise is flawed and highlights your jealousy.
So you morality excludes excess. I'm fine with that. I would not describe my self as jealous as I live a pretty good life, but I gladly accept your verdict. Did you vote?
So your morality includes excess.
But you believe that wealth should be spread evenly to everyone.
Absolutely not. I proposed a philosophical standard. A bunch of you disagree with me and fought for the individual's right to be excessive. Obviously most of those who have responded think it is moral. I just don't believe you should be able to acquire excessive amounts of wealth at others expense. And if you do acquire it the moral thing to do would not be to splurge it all on yourself and immediate family. And I said in a previous post that if someone in this situation used a substantial portion of this wealth to help others, I would alter my opinion of them. In actuality I have no idea how much this guy spends on the charity, but I did not sense it when he was asked about what he would say to the average person about his life style. It's mine, I earned it, I deserve it.
I accept you guys are not accepting my premise. However it's not prejudice, it's morality. :surrender
How do you know he isn't helping the poor unfortunates more than your average socialists? What you're saying is nothing more than factless preujudice.
I just don't believe you should be able to acquire excessive amounts of wealth at others expense
I agree with Peter on this.. Just as many would trash Bill Gates, he has and is still giving billions away..
Why is anyone required to give away what they legally "worked for" ?
I think it's a pretty good assumption that the guy made his money through building businesses. Doing so creates jobs, making life better for others. I'd estimate that he sold several of the businesses once they became profitable. Doing so gives others the opportunity to make profits, making their lives better. The new business owners likely invested and expanded their newly purchased investments, which creates more jobs, making life better for others.Exactly.How was his money made then? Or is your premise that making that much money simply immoral?
[...] Yes I started a thread about making too much money and I have called it immoral.
This concept cuts right at your conservative core. I should not have to help anyone else, just me and mine. No he is immoral because he lives in extreme wealth while others around him do without. He lives in a society. We band together for the mutual good. This counts for nothing in your mind. Is your version of morality every man for himself?
So I'm still waiting to hear why you think this guy is immoral other than you prejudice about him being rich through his own hard work.
No, my version of morality is freedom. The freedom for everyone to make their own choices in life (within reason and the law of course), and not be judged for it. It isn't my place to force my morality on others.
In fact, my morality says that you are immoral for passing judgment on this guy without knowing all the facts, and believing that society should follow your morality over the morality of others.
Of course I think the country would be better off if they followed my moral standards. But I have no right to attempt to force my morality on others (and neither does anyone else). Our country is supposed to be governed by the collective "will of the people", and I presume that would include their version of morality. For instance, I think abortions are immoral, but I fully support each state's right to decide the issue on their own. I think gay marriage is perfectly acceptable, but have no problems with a state choosing not to allow it.So freedom trumps all and excess falls within your definition of morality?
You are right. I was unfairly using this billionaire as an example. Although my original intent to to make an illustration, I admit in hindsight using this video without more background info undermined my argument which is stall a valid argument. Regarding you last statement, yes I do, don't you? In other words, don't you feel that the country would be a better place if they followed your moral standards? The political party I believe you have affinity towards has some definite ideas about spreading their standard of morality across the country and into the halls of power.
Of course I think the country would be better off if they followed my moral standards.
Just an observation- I see no real difference between what you feel and what you accused me of regarding our personal moral standards.believing that society should follow your morality over the morality of others.
But I have no right to attempt to force my morality on others (and neither does anyone else). Our country is supposed to be governed by the collective "will of the people", and I presume that would include their version of morality.
Just an observation- I see no real difference between what you feel and what you accused me of regarding our personal moral standards.
I think it's a pretty good assumption that the guy made his money through building businesses. Doing so creates jobs, making life better for others. I'd estimate that he sold several of the businesses once they became profitable. Doing so gives others the opportunity to make profits, making their lives better. The new business owners likely invested and expanded their newly purchased investments, which creates more jobs, making life better for others.
It could be as simple as paying them well, giving them health care, and matching 401k contributions, ie, spreading the wealth. Another option is lowering expectations, telling the people you hire, the going rate is this, we can't afford it, and it's easy to replace you.Sure, I spose he could have taken his profits, scraped off $500K for himself and plowed the rest back into the business, regardless of how many millions that would be, but a glass can only hold so much and pouring more into it just wastes it. I spose he could have raised his employees' salaries so that even the receptionists became millionaires, but such thinking is foreign to entrepreneurs. People who think that way do not think in ways that would build successful businesses in the first place.
It depends, see my response below, but it's important to note what kind of jobs are being created. Well paying jobs or minimum wage dead end jobs.Investing a million in new business creates more wealth, feeds more people, and helps communities, more than 3 million given to charity. The numbers are my opinion, but I do remember a documentary, probably on CNBC-PAC, that supports the statement if not the actual numbers.
I can see that. But it still goes back to how much money does one need to live a comfortable life? Does one need excessive wealth? Is it moral to live like a king head and shoulders above your fellow human beings? Should the system be designed to plow the excessive wealth back into the system? I realize the counter argument is, what will be done with the excessive wealth- will it be used effiecnetly or will it be squanderd by big government bureaucrats? That is a good question.So if successful investing helps more than giving, and successful investing creates more wealth for the investor, it stands to reason that someone that created thousands of jobs (feeding tens of thousands of people) would end up with millions in his pocket, and someone that created millions of jobs would end up with billions in his pocket.
I agree that creating jobs is better than giving to charity, if the charity is only designed to maintain. But if that charity is designed to get people on their feet and becoming productive it could be just as important.I guess he could give the money to entrepreneurs, but I would guess that even the best entrepreneur working with free money would likely waste the investment and fail. Spending the money on "excess" such as large houses and classic cars employs people just as surely as buying a pair of shoes at the local department store, and helps the community more than charitable giving does.
It is possible, but is this a safe assumption?Even still, I'm sure this guy has given more to charity than I've made in my lifetime.
...ooOO(This passive aggressive stuff really works!)I did not mean to ignore this well thought out response.
Maybe he is paying more and giving bennies. The Google Guys can buys & sell the guy in your OP, and their people are some of the best-paid, best-pampered on the planet. You get what you pay for, and if you want really high quality, you pay a really high premium. The result is really high profits ... highest in history.Minor Axis said:Depends. You may be helping others make a ton of money, or you may be helping a select few in the right place to enrich themselves, or you could actually be creating well paid jobs, but for the populace in general that is not the trend. The trend is lower costs so "I" the architect of wealth can make more. It's not a safe assumption.
It could be as simple as paying them well, giving them health care, and matching 401k contributions, ie, spreading the wealth. Another option is lowering expectations, telling the people you hire, the going rate is this, we can't afford it, and it's easy to replace you.
Whether the gov't is responsible or efficient with the money is not so important as the sacred right to own property, to be able to create something and call it your own. The guy presumably played by the rules and won - big. It is his to do with as he sees fit. If he is the jackass you claim him to be, the money will naturally flow back into the system, just not as quickly or forcefully as you seem to want. If he's not, then he's a far wiser steward of the money than anybody that has trod the hallowed halls of Congress in many a decade. Let him continue to make his money make more people rich, create more jobs, feed more mouths, and yes make yet more money. It's far better for the country than handouts or any government program I've heard of.Minor Axis said:I can see that. But it still goes back to how much money does one need to live a comfortable life? Does one need excessive wealth? Is it moral to live like a king head and shoulders above your fellow human beings? Should the system be designed to plow the excessive wealth back into the system? I realize the counter argument is, what will be done with the excessive wealth- will it be used effiecnetly or will it be squanderd by big government bureaucrats? That is a good question.
Making or possessing money is neither moral or immoral. We don't know what this guy is doing in addition to living the lifestyle he's apparently worked hard to afford. Are you saying it is immoral to live "better", more comfortably than others? Or are you saying that it's immoral to live so much more comfortably? How is what this guy is doing any less moral than what Congress is doing with our money, and logically would do with his?Minor Axis said:My point that I have been making from the start of this thread, is that you might be incredibly smart and can generate incredible amounts of wealth, but does that mean you DESERVE incredible wealth for the effort? [Yes, absolutely] Or should the reward be something on a higher level than lavish living? [such as what?] A substantial portion of the pushback I've received in this thread has been people defending the concept of making billions and deserving it as long as no law has been broken. I'm asking is it moral and so far the group opinion is that greed is good or at least it is acceptable, and more importantly in the context of morality, it's not wrong. It is also really interesting that knowing no more about this man than I do, 4 people were willing to pronounce this person a moral person based on the fact that he is a billionaire! I suggest the people who voted for "moral" are more focused on the principle of the freedom to be excessive, than on the morality of it. Most interesting to contemplate, if this portrait is not greed, then there is no such thing as greed.
If it's designed to only get people on their feet then stop, then is does far less than the job that money would otherwise create.Minor Axis said:I agree that creating jobs is better than giving to charity, if the charity is only designed to maintain. But if that charity is designed to get people on their feet and becoming productive it could be just as important.
I was turned off by this statement. Be back tomorrow.It seems that you assume this guy got his money in dishonest or at least abusive ways, and you've got nothing but a car collection to base it on.
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