placeholder

Opinion | Warren Buffett and the Myth of the ‘Good Billionaire’

There is no way to be a billionaire in America without taking advantage of a system predicated on cruelty.

Click to view the original at nytimes.com

Hasnain says:

“Mr. Buffett is almost the perfectly made billionaire for this moment in which, at last, many Americans are beginning to question not only corruptions of the system but the matter of whether billionaires should exist at all. He doesn’t do the things the worst of them do. He isn’t in it for what they’re in it for. He clearly must care about money, but he also kind of doesn’t care about money. Even in his generosity, he has avoided the imperial lording over that others cannot resist.

And this is what makes him so troubling, because through him we are tempted into believing that a system can be defended that allows a man to accumulate more than $100 billion while people are sleeping, in hock to him, in his mobile homes, shortening their lives with the beverages he’s invested in, scampering around the warehouses whose nonunion status has redounded to his money pile.”

Posted on 2021-06-14T16:08:36+0000