Discover more from Douglass’s Newsletter
2409. Bezos and Musk about 180 billion each.
What allows for that? Obviously they get the wealth from the many users of their services or products, commodities all. But that wealth, in the form of well educated people (can read, write and use a keyboard) is seen as a pool of wealth that can be extracted. Those who paid for the education - the taxpayers, those who embody it, the userswho pay for use, are extracted from. The logic here is mind boggling. How did economists allow this to happen? And why did congress people vote for the enabling regulations?
180 billion is on the order of 180x10(9) / 300x x(6) = how much per US citizen?