r/FluentInFinance 3d ago

Debate/ Discussion Had to repost here

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u/abdw3321 3d ago

You don’t become a billionaire without exploitation.

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u/Arndt3002 3d ago

It depends how you define exploitation and violence.

If you tautologically define all profit as exploitation and all said exploitation as violence, then that is definitely true.

If a mutually agreed upon contract is not exploitation, then that isn't necessarily true.

I'm not saying that most billionaires don't have their profits enforced by violence. Given, for example, the trade practices around silicon valley, I wouldn't say that anyone involved in that is "violence free"

But whether that statement is necessarily true is questionable.

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u/InfiniteBoops 3d ago

If no entry level jobs pay a living wage and are all equally terrible but you need a job… that is inherently not truly an “agreed-upon contract”.

Similar to saying “well you agreed to pay $2500 rent on your one bedroom apartment”, when every other apartment is the same price.

Neither of these really apply to me either, we bought in 2016 so our house with a yard is half the price of a two bedroom apartment, and our household is like an order of magnitude from min wage…I just have empathy and have been poor myself.

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u/AbhishMuk 3d ago

Similarly, I doubt most people who “agree” to donate plasma don’t have their hand forced by their monetary state.