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[-] Twentytwodividedby7@lemmy.world 26 points 9 months ago

ITT: a bunch of people who don't understand how dividends work on stock ownership. He's not collecting a salary, Microsoft is not actively paying him, he's just an investor who owns a shit ton of stock.

[-] Kiwi@lemmy.world 65 points 9 months ago

Or, a bunch of people who are over the inequality in our world regardless of how the person comes by the money.

I don’t care if Microsoft pays him a salary or not, hoarding that much wealth is a mental illness that can only be cured by a guillotine

[-] escaped_cruzader@lemmy.world -3 points 9 months ago

is a mental illness that can only be cured by a guillotine

Do you prescribe this medicine to all mental illness?

[-] Illuminostro@lemmy.world 4 points 9 months ago

No, just the specific hoarding of more wealth than you could ever possibly spend.

[-] tastysnacks@programming.dev 30 points 9 months ago

Billionaires don't want to work anymore.

[-] Strawberry@lemmy.blahaj.zone 29 points 9 months ago

Somebody should've just told Marx about the difference between salary and capital ownership!

[-] FlyingSquid@lemmy.world 6 points 9 months ago

So you're saying he'll be making a billion dollars a year for doing nothing?

[-] TheDoctorDonna@lemmy.world 4 points 9 months ago

Income is income, and billionaires already have too much of it. Not everyone enjoys taking it rough from corporate America.

The only people who should have stake in a company are those who work there.

[-] Djtecha@lemm.ee 1 points 9 months ago

Wait... But then the stock would be virtually worthless...

[-] aniki@lemm.ee 4 points 9 months ago* (last edited 9 months ago)

And? Details are irrelevant. I still want him to choke and die.

[-] ramble81@lemm.ee 4 points 9 months ago

Isn’t that the “doing nothing” part of the title?

[-] Bleach7297@lemmy.ca 3 points 9 months ago* (last edited 9 months ago)

The stock market is perverse.

It is supposed to be a tool that allows people to support promising ventures that they believe in, and allows them to profit from the venture if it is successful.

Instead it's a race to the bottom, where companies have a feduciary duty to their investors to make them as much profit as possible. This is the ultimate driver of enshittification.

Adam Smith was a smart guy, but he never saw Milton Friedman coming.

this post was submitted on 28 Dec 2023
436 points (96.8% liked)

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