The issue I feel, is we live in a society that equates money with importance. This guy over here made lots of money so he must be smart right? No, no it doesn’t.
The headline should be Stop Talking to Technology Executives, Tax Them.
This myth needs to die hard. Inheriting off daddy’s blood emerald mine allows you to start businesses and buy people to make them work. This takes zero intelligence — it takes capital which was not earned. It continues to make money through the labor of shady accountants who know how to keep you from paying taxes, the labor of H1-B visa holder slaves, non-unionized assembly line workers, etc. who you crush and exploit for more capital to keep repeating the same unethical and dumb shit.
The issue I feel, is we live in a society that equates money with importance. This guy over here made lots of money so he must be smart right? No, no it doesn’t.
The headline should be Stop Talking to Technology Executives, Tax Them.
I think the root issue is more around the belief that US companies operate off of meritocracy.
I.E. only the most qualified and competent people make it to the top.
US companies operate off of the Peter Principle, psychopathic willingness and ability to exploit others, and a merciless drive for profit.
American execs definitely fail upwards. I have seen pharma execs fuck up to the tune of $200M+ and then get poached for more money.
This myth needs to die hard. Inheriting off daddy’s blood emerald mine allows you to start businesses and buy people to make them work. This takes zero intelligence — it takes capital which was not earned. It continues to make money through the labor of shady accountants who know how to keep you from paying taxes, the labor of H1-B visa holder slaves, non-unionized assembly line workers, etc. who you crush and exploit for more capital to keep repeating the same unethical and dumb shit.