Quotes in italics were originally posted by divemaster
Quotes in bold were originally posted by SarumanRex
As a person becomes richer, though, I become far more strict in what I consider to be a right or wrong way to make more money.
I mean, really, this is absurd. Making more money than “scraping” by means a harder and harder time passing your ethical test? Why is it so hard for you to fathom that people might just have the drive to create? Create a business as well as a fortune?
A person can create all they want, I’m not suggesting otherwise. As far as business goes, though, IMHO a person can “create” up to $10 million dollars in personal wealth before my moral noose starts to tighten. You don’t seem to understand that there is no limit to the greed of some people. It has nothing to do with being creative or wanting to watch their business grow, it is just pure avarice. I think of life as one giant buffet. In this analogy the billionaires are giants who are shoving people out of the way so they grab food and cram it in all their pockets, more than they could ever possibly eat in 10 lifetimes. While they are doing this people are literally starving at the back of the buffet line. According to you, though, these giants are just finding creative ways to store food, more power to 'em. As to the starving people of the world, BOO HOO, let 'em starve.
*It must be a very small world that you live in where instead of people looking up at others who have ‘made it’ and saying “I want to succeed like that,” you think they are all moping around thinking about how shafted they are because Sam Walton made more money for himself and his family than he could possibly spend. *
I’m not bitter because I envy billionaires (I don’t even want to be rich), I’m bitter because people like you admire them. What is it about these people that you admire other than their ability to accumulate wealth they don’t need? Is it their terrific ability to compete in the business environment and crush little competitors before they even have a chance?
It is OK to produce a high quality low price item for sale to the general public if you do NOTHING to drive out competition from other hard working Americans who also want to produce low-cost high quality products.
*If you are doing nothing to drive out competition, then you have no business being in business. Why do you think people advertise? * (I cut out a bunch of other crap about the company with the best product winning in the end)
Is this how you think the world of business really works, or is this just what they taught you in grade school. Advertisement is OK unless you libel your competitors and there are already laws against libel so everything’s fine. When I talk about destroying a competitor, though, I don’t mean through honest advertisement. In another thread I described a businessman who undercuts his competition’s prices by outsourcing all his manufacturing from his plant in the USA to a prison labor factory in China. This is illegal but according to what I have heard, it happens every day. There is no practical way for American authorities to insure that products made overseas were not produced by slave labor, so anybody can get away with it. Billionaires are in a position to pick and choose whatever country they want to manufacture their products, tiny start-up companies don’t have this option. As more and more of the business environment is dominated by corporate giants it becomes more and more difficult to start a new business no matter how good your idea is. You seem to think that the biggest companies have the best products, the architects of communism thought the same thing. They speculated that one production facility for an entire nation would be more efficient than lots of little competing facilities. In reality (you should visit sometime you might like it) the exact opposite is true. Giant state owned production facilities produce the crappiest products on earth because they have no competitiion. In the capitalist world, the bigger the companies are in a given market, the less the competition, the lower the quality, and the higher the price. Take the big three auto makers for example, does anyone remember how much cars sucked before foreign competition forced Detroit to clean up its act.
Why do you come to the defense of such people? Do you think you actually have a shot at their kind of success?
YES! If that is what I wanted out of life.
Pardon me, but you couldn’t make a billion dollars with a printing press and a license from the mint.
If you disagree with me then take the next few hours to explain why Bill Gates needs another billion dollars, and why we (the public and our gov’t) should do nothing to interfere with his greed. I liken such arguments to sheep defending the rights of wolves.
Hopefully the “sheep” of this country don’t listen to the likes of you. “Or poor me, I’ll never be rich like that guy, I should just never try. The only fair thing is to put a cap on earning power. It’s immoral to earn that much, so I’ll just sit here and cry. Boo hoo BAAAAAAAAAAA.”
You still haven’t explained why Bill needs another billion. You also don’t explain why he has any more right to make money than anyone else, yet he repeatedly bought out or crushed smaller competitors on his way to becoming the richest human being in the universe of all time. Only now is our gov’t stepping in, probably because there are so many people like you who don’t have a problem with Gates since you weren’t one of the little guys getting crushed. Your argument is like saying that arsonists should be allowed to burn down as many houses as they want as long as they don’t burn down YOUR house, since it keeps the home builders busy.