Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Even if it would work, what trickes down are the whims of the rich: I want a yacht, I want a leather bag, I want diamonds on my car and so on. So a lot of people will have unfulfilling jobs. They are esentially slaves (again). This is in contrast to working on future shaping projects, like a bridge, a new type of airplane and so on. When was the last time a billionare wanted a bridge?


A minimal portion of the net worth of extremely wealthy individuals is spent on luxury items like yachts, bags, and cars. Most of their wealth is typically allocated towards savings or investments, which eventually leads to employment for many of the people in this forum.





Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: