“Their Greed Knows No Limit”: 50 Times Insanely Rich People Got Shamed On This Online Community
The billionaire population not only surged during the pandemic with the record total of super rich reaching an unprecedented 2,755, their fortunes also boomed. The numbers reached highs that were previously deemed impossible to achieve in a single lifetime.
Think of Tesla’s Elon Musk, who grew his fortune from $25bn to more than $150bn. Meanwhile, Jeff Bezos is the world’s richest person for the 4th year running, worth $177 billion, up $64 billion from a year ago as a result of surging Amazon shares. Today, according to this recent report, billionaires are wealthier than half the planet.
No wonder that so many people see the whole situation as disturbing and unfair, hence this Reddit community that observes, analyzes and discusses the insanely super rich. Welcome to “Greed Incorporated,” the relatively new subreddit created in 2021 that gathered people who just can’t sit and stay silent about greed with no limits. Below we wrapped up some of the most eye-opening and disturbing posts shared here.
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It's Greed Expansion
Boats Are A Horrible Investment
We are still living in a caste system, we just feel to special to actually realize it.
Nintendo Banking
Nobody needs a million dollars, no home or vehicle needs to be more than a million either. I like this idea
I don't think a million dollars by itself goes as far these days. Perhaps billions of dollars?
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Then, after your fortune drops to the ground and is lost, you get to find out just how truly f****d up your advice to the rest of us to “pull yourself up by your bootstraps” really is, because you’re the one having to do it now. Good f*****g luck, a*****e.
That's what trickle down economics is technically supposed to be like lol.
this would not work as most of a billionaire's "money" is in stocks and not a wallet, its worth money without being money so you cant max it out
You're a Fortune 500 company looking for a boss. You want to hire the best. How are you going to tempt them away from their current job? Free cookies?
What makes you think they're hiring the best? If they were genuinely interested in that then it wouldn't matter whether they knew the candidate's family, or bekinged to the same country club, or were alums of the same college. The idea that these jobs are handed out on merit is preposterous.
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It's not doable, unfortunately. Unless the entire world is in on it.
Just read somewhat about Mr Silvio Gesell and his theory of "Freiwirtschaft" (literally translates to "free economy" but doesn't at all mean the same). You will like it. ;-)
I understand that the CEO making millions of dollars did something to earn that; created something, led a huge team to success, understood problems better than others, etc. I have no problem with someone getting rich from that. And I don't want to take from anyone who is. Congrats to them! But there should be a law when you own a company your workforce should make enough to comfortably live within 5 miles of where they're required to come to work every day. If I work in Boston, I shouldn't have to drive 2 hours to and from work because I can't afford to live there. No one will care how much the ceo makes if they aren't miserable, and can afford a mortgage or their rent no problem. But 15 an hour is not enough when you live in NYC or a major city center so it's not enough to make a federal min wage. What works in Arkansas may not work in California. There should be a living wage amendment. Be a zillionaire, I don't care. But don't make me choose between food and rent.
That's cool until they devalue everything they own... you'll have millionaires living around the same area buying each other's property for about a fraction of the actual cost, now the middle income family with a home has that home value fall even lower to a point where they can't actually use it as leverage to get a loan or anything like that
great news for me I am assuming you will apply the exchange rate for sterling :)
The anti-poverty charity Oxfam reported that the world's 10 richest men had their wealth doubled, from $700 billion to $1.5 trillion, during the pandemic, a mindblowing rate equal to $15,000 per second. Nine of the planet’s 10 richest people are Americans.
According to Irit Tamir, the director of Oxfam's private sector development, the wealth gap is nothing new, but its new record heights are nothing economists have seen or imagined before. "The gap between the rich and the poor was increasing even before the pandemic started. But the pandemic supercharged this in a whole host of ways."
American Oligarchy
To Rich People Who Hate The Poor?... Yes
What’s The Biggest Culprit In The Loss Of Democracy In The USA, #followthemoney Of Greed, Lobbying, & Oligarchy. Help Progressive Democrats Orgs & Policy
Tamir argues that in terms of the wealth gap, "We are in an even more outrageous situation than we were last year or the year before." He added in an interview for CBS News that "Wealth is begetting wealth, and it becomes exponential.” The director of Oxfam’s private sector development said that he fears by next year, those numbers will only continue to increase and that gap will only widen. Moreover, in Oxfam's view, rising inequality poses risks to billions of people across the world, who aren't sharing in the same gains in wealth and may be cut off from equal access to health care, vaccines and economic opportunity.
Then He Pays The Immigrant Half A Cookie To Work For Him Since The Worker Would Cost 2. Damn Inflation!
Again. Trump. The number one employee of immigrants in our country.
We’re Taught To Admire The Rich & Laziness Is The Only Thing Keeping Me From Being Rich. Just A Few More 60 Hr Work Weeks...
Right that's it....I'm lazy. We work long hours for mediocre pay so the rich could become richer by exploiting the workers but nah...we're just lazy.
Anti-Greed Saturday
If this is true, kudos to him for not being a billionaire d**k and actually being a good guy.
Meanwhile, Abigail Disney, a spokeswoman for higher taxes on the rich and better wages for workers, believes that inequality is widening after years of weakened support for unions and changes in regulations that were meant to protect ordinary Americans. Lawmakers have cut taxes on the richest earners since the 1980s with the idea they would use the extra income to create jobs and economic opportunity, yet research has found that hasn't happened—and the tax cuts only helped the rich.
Disney wrote in the report: "Society was riddled with cracks when we started this pandemic—cracks which have widened into fault lines. There is more than enough money to solve most of the world's problems. It's just being held in the hands of millionaires and billionaires who aren't paying their fair share."
This Is My Point
Is It Immoral To Steal From A Villain Of Society?
Thats Hilarious
That Is Hands Down The Most Accurate Thing I Have Read In A While
Why not both ? You can't struggle to improve society if you are already struggling to survive. That's the 2 legs of the unions: one to improve every day live, the other to improve society.
We All Need To Do Our Part To Pay For This Ridiculous Military Budget
It Is Time To Tax The Rich ( 1%people)
DO IT! DO IT! DO IT! DO IT! DO IT! DO IT! DO IT! DO IT! DO IT! DO IT! DO IT! DO IT! DO IT!
Socialism Shortage
Trickle Down vs. Piñata Economics
And Where Are The Sex Robots Already?
A Society Where Human Life Has Value?
Babylonian law: Interest rate is fixed for all terms. Don't expect repayment too soon. Jewish law: Stoning people is OK but Don't lend money at interest. Islamic Law: Mutilation as punishment is OK but don't lend at interest. Romans: Crucifixion is fine, 8% interest not so much. Medieval Europe : no borrowing from Christians. Are we getting a theme...
Space Cowboys
I Want To Know, Why?
I don't know the story behind this, but I bet she didn't get a good answer. People that talk sense rarely do.
Greed At Its Most Evil
Oh They Know
This is it exactly. They know people are struggling to survive so why pay a decent salary when you can exploit their situation and make even more money. We see it here with a lot of migrants.
The Big Corporation Is Our Problem
While this is so very wrong, the FC5 potato was registered/patented by Pepsi for exclusive use. The law suit was dropped and Pepsi lost it's sole right to use the Indian seed. They should have offer to buy the the crop from the farmers!!
Nothing Changed In 80+ Years
It's a wonderful, wonderful book. I read it in high school first and re-read it a few years back. If you haven't read it, I strongly suggest you do so. That book, and the photography of Dorothea Lange, perfectly encapsulate the American Great Depression.
Voting For The Axe!
And The Years You Spent In School To Get That Job So U Can Pay Student Loan Interest For The Rest Of Your Life. Who’s Idea Was All This?
Tax The F*cking Billionaires
People blame the billionaires for paying too low of taxes, but it's the politicians that are the ones that pass the tax laws, blame them, and stop voting for incumbents.
Pssssssssssssst! ... It Was Our Money
Socialism For The Rich, Capitalism For The Poor
This is soooo vain and disrespectful from a bank twitter account.
Man I Suck At Economics
Across The Pond It’s Just As Corrupt
Where's The Lie?
Pandemic Nostalgia
In Fact, Our Problem Is The Existence Of 1 Percent
Anti-Greed Saturday: A Day To Focus On Generosity And Its Impact. Share More Stories On This Thread
And Thats Why It Wont Happen Unless We Unite & Strike
We should because, as another bp user stated, forgot who it was, use one day for chores the next for fun and the third day for lying in bed like you have some victorian wasting disease
About The Only Way Ill Ever See That Much
How Much Fight Do You Have?
The Homeless Man Should Have Given The Stolen Money To His Own Corporation Then It Would Be Ok
Double Dare
He's one of the hosts on the 5-4 podcast about how awful the Supreme Court has always been. All three hosts manage to be incredibly funny while diving into the court cases that keep wealth and power in the hands of the rich, keep marginalized groups marginalized, and the just generally crass and evil decisions they've handed down. Highly recommend it
He Better Not Take My Sourdough
Another Myth: We’re Fat, Lazy & Dumb. Im Not Dumb! Do U Know How Much I Spent On College?
I'm fat, lazy and brilliant. How else could I be making so much and doing so little - lol
Stop Defending ,start Taxing Them
Nope Cant Afford It
Pay Me What I Am Worth, Give Me Healthcare And Leave Me The F**k Alone
I’m convinced most people don’t know what socialism means. Socialism ain’t Communism. A Capitalist society filled with some socialist policies is always amazing. The only time socialism is bad is when it devolves into Communism. Communism has never worked, but Capitalist societies with plenty of socialist policies rule.
Just 1% Of The Military Budget Is A S**t Ton Of Money. But Lets Increase It Just Incase
But They Said They Can Barely Afford My Wage & How Lucky I Am...
But The Shareholding Investors Want That $20 Billion.. What Are We Suppose To Tell Them?
I remember my boyfriend's last employer made a 300% above-target profit and growth increase in one year (while he, along with others, was working 12 hours a day and received a daily sneer from their boss). Their reward was a one-time bonus of 750 euros, that they would only receive if they weren't sick too often.
Freefromwork
What I really love is how McConnell and Trump conspired to make sure that the Sacklers never even faced criminal charges for all their crimes.
Taxes For Thee But Not For Me - Thus Spake, Corporations
This needs to be taught in school as part of basic economic literacy.
Our Billionaires Are Good Guy
The Best Response
I Guess Im Just Not Dumb Enough
He Has A Point
Yeah, & In Europe, Their Dumpsters Are Air Conditioned...
Bozos The Gollum
We Are Being Robbed
Life Changing
We Can Do It Again
Fyi, Corporate Profits Are The Highest They've Been In 70 Years
Socialism Has Always Been America’s Enemy. Is Communism Just A Fascist Version Of Socialism? Which Would Make America A Fascist Version Of Capitalism?
I Expect Nothing Less From A System With Greed As Its Core Value, Yet I'm Still Bothered By It
It's true. When I moved into my first flat as a teenager, I took out contents insurance with what I thought was a reputable company; Lloyds of London. I paid my premiums on time every time. Then I was burgled. They took the usual stuff; hi-fi, keyboard/synth, cds, videos (that's how long ago it was!) and a gold watch. The watch had been given to me on my eighteenth birthday by my great aunt. It had belonged to her husband who had died young so it was upsetting that it had been pinched. It was worth £1000 but far more than that sentimentally. I claimed. The loss adjuster came out and filed a report. They offered £400. After battling them for months, I finally got them up to £1000 and I was so fed up of it all that I just accepted. I am sure that's what they were relying on. Just keep grinding me down with insulting offers until I'd had enough and just wanted an end to it all. I got about half of what I claimed for. Insurers do not provide a service. They are a for-profit business and operate as such. That's why I despise them.
Oh… Thats Where I Left My Private Jet
My parents make me watch his and his church's b******t all the time, and I can 100% confirm that him and everyone associated with him is completely full of s**t
Yay D**k Rockets!
Happy Mlk Day. Get Motivated!
Wow that's one quote you will never hear Republicans using when they pretend to like MLK.
That The Profits Would Trickle Down
Amazon building new data center in Kansas City. Why? “The Kansas City city council approved up to $8.2 billion in tax incentives for the data center campus in 2021“
Can Unions Hire Lobbyists?
For Real
Everyone should know that you have to, and I'm very surprised why you haven't
Make The Shareholders And Executives Sacrifice
Putin, such a convenient villain. Started a war against other white people, so everyone cares all of a sudden, will not achieve much, but will cause enough damage to make blaming everything on him marginally believable...
Prepare To Succeed…. But Someone Else …
Relevant Crossposting
Just Another 4%. Come On People!
The S S Tax Write Off
If he just loads up the hull with a bunch of gold bars, maybe the boat will sit low enough in the water to fit under the bridge.
Leisurepilled
F***kin Boots Speaking Truth To Me...
As Long As You Keep Buying They Will Keep Raising Prices
As long as you keep voting for Congresspeople who talk the talk but don't actually make a difference, they'll keep running.
So how do we evolve from ranting on social media to actively seeking to replace the rich old white men that run this show?
Remember the good old days? When only one parent worked and they could afford a mortgage and 2 cars? What was different then? Unions. Unions were big in those days. Unions force the suits to share the wealth. After all, just who is doing all the labor to make those companies so successful? Don't believe the anti-union propaganda that those companies throw around. Spending probably millions to convince their laborers that unions are bad. Don't believe them.
This won't change as long as people don't stick together. The rich can get organized by paying people to get organized. We don't have that means. But we should do it for our own sake right? There are far too many still living in their fantasy to bother, and would even vote for what's bad for them.
The more people have, the more selfish and greedy some can get 💀😔🥺 Reminds me of a huge scandal in Spain, the typical stealing money and putting it in your pocket type
I miss read that last line as: stealing money and putting it in your rocket type. Which unfortunately still works considering the penis race for outer space
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America is not a democracy, we are a democratic republic. We vote for people to vote for who we want to represent us. Convoluted but it was, and I emphasize WAS necessary. With all our technology we could easily have a democracy. But then the politicians couldn't control everything. I have mentioned abolishing the electoral college and the argument is that Cal and NY would control or FL and TX who are too extreme would. They would get together. . Wait when have THEY ever agreed. And if it affects them maybe it's a state's rights issue. I'll keep trying for change.
If America suddenly has a Revolution, none of it will be surprising. At this point, it needs to happen.
"Anyone can...!" myth was great for getting the country settled (US, I mean) but realistically? It's as BS as saying Ukraine is Russian. The end.
So… are anyone going to actually do something? Or are y’all waiting for the total collaps?
It has come to the point that I am amazed. “Solving hunger in America” isn’t a math problem, it’s a marathon of a solution. To solve hunger in America you’d actually have to reprogram how people think, how good is distributed and then you’d have to account for the mysterious groups of people who have suddenly decided that they cannot afford to feed themselves anymore BUT they sure as hell can afford everything else they have.
So then let's get training for that marathon. We can implement these types of programs because we've done it before. And stop that capitalist gaslighting about how feeding the hungry will only lead to millions of people scamming the system, because it's just not true. Just because a person owns a home or smartphone doesn't make them ineligible for food assistance. We live in the wealthiest country in the world. Our citizens shouldn't have to choose between shelter, healthcare, or food.
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So how do we evolve from ranting on social media to actively seeking to replace the rich old white men that run this show?
Remember the good old days? When only one parent worked and they could afford a mortgage and 2 cars? What was different then? Unions. Unions were big in those days. Unions force the suits to share the wealth. After all, just who is doing all the labor to make those companies so successful? Don't believe the anti-union propaganda that those companies throw around. Spending probably millions to convince their laborers that unions are bad. Don't believe them.
This won't change as long as people don't stick together. The rich can get organized by paying people to get organized. We don't have that means. But we should do it for our own sake right? There are far too many still living in their fantasy to bother, and would even vote for what's bad for them.
The more people have, the more selfish and greedy some can get 💀😔🥺 Reminds me of a huge scandal in Spain, the typical stealing money and putting it in your pocket type
I miss read that last line as: stealing money and putting it in your rocket type. Which unfortunately still works considering the penis race for outer space
Load More Replies... America is not a democracy, we are a democratic republic. We vote for people to vote for who we want to represent us. Convoluted but it was, and I emphasize WAS necessary. With all our technology we could easily have a democracy. But then the politicians couldn't control everything. I have mentioned abolishing the electoral college and the argument is that Cal and NY would control or FL and TX who are too extreme would. They would get together. . Wait when have THEY ever agreed. And if it affects them maybe it's a state's rights issue. I'll keep trying for change.
If America suddenly has a Revolution, none of it will be surprising. At this point, it needs to happen.
"Anyone can...!" myth was great for getting the country settled (US, I mean) but realistically? It's as BS as saying Ukraine is Russian. The end.
So… are anyone going to actually do something? Or are y’all waiting for the total collaps?
It has come to the point that I am amazed. “Solving hunger in America” isn’t a math problem, it’s a marathon of a solution. To solve hunger in America you’d actually have to reprogram how people think, how good is distributed and then you’d have to account for the mysterious groups of people who have suddenly decided that they cannot afford to feed themselves anymore BUT they sure as hell can afford everything else they have.
So then let's get training for that marathon. We can implement these types of programs because we've done it before. And stop that capitalist gaslighting about how feeding the hungry will only lead to millions of people scamming the system, because it's just not true. Just because a person owns a home or smartphone doesn't make them ineligible for food assistance. We live in the wealthiest country in the world. Our citizens shouldn't have to choose between shelter, healthcare, or food.
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