…The original post has to be either a joke or someone who knows literally nothing, because in 1999 Amazon was already huge, and Bezos was Time’s Person of the Year.
Why do people want these billionaires to come from a fuckin struggle so damn bad ?
Because they want to believe it could be them when statistically it can’t be
“Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.” – John Steinbeck
This is actually a fascinating concept called the marginal propensity of consumption. It BASICALLY means that each additional dollar to a poor person (Like someone on minimum wage) is comparatively more valuable than each additional dollar to a wealthy person (like a millionaire or billionaire) because the poor person is more likely to go spend it on a good or service whereas the wealthy person will stick it in an offshore account.
With the poor person, it will continue changing hands within the economy and get spent more often, leading to higher economic output. The wealthy person takes that dollar out of the economy by sticking it in a bank account to grow their wealth, and the dollar effectively becomes useless and stops changing hands.
The multiplier effect, which is how much a dollar “multiplies” in terms of economic output, is much higher when in the hand of a poor person than a rich person or company.
