Should billionaires exist?
In these days of financial turmoil, the ultra-rich have been put under the spotlight. Do a small minority of people just have too much money...much more than one human could ever need or spend?
The context of the question is that the money of billionaires had been obtained at the expense of other people and that billionaires deprive a lot of people of necessities and some luxuries. In this context, billionaires should not exist.
Otherwise, billionaires are just people who have a lot of money - meaning they don't do harm. So let them be. Money is easy to spend, it's a matter of what to spend for.
First, ask yourself this question, "Did they do the work that earned the money?" If the answer is yes, then they deserve to be a billionaire. If anyone told me they didn't want to be a billionaire, I'd risk ridicule to state that they were lying. I work hard for my money and if I work hard enough that I earned a billion dollars for my efforts, then 'Yes!' billionaires should exist. I want to be a billionaire! So, yes billionaires should exist.
Check out the cover of the current Forbes Magazine with Sara Blakely on it. She is the founder of Spanx (http://www.spanx.com/home/index.jsp), a new age girdle. She started her company with an idea and $5000 of her own money. It isn't even a high tech electronic product.
Why is she on the cover of Forbes? It is the issue of billionaires. At age 41, Sara Blakely is the youngest woman to ever have made their list. She is one of the richest 1,226 people in the world!
Does she deserve it? Sure she does. She created a product that obviously a lot of women want and employs a lot of people to provide it to them. From what I can tell, she did not 'get' her money at the expense of others nor did she deprive anyone of necessities or luxuries. By providing jobs, she probably provided more people with income for necessities and luxuries.
Welcome to America. Hard work can get you ahead. It is not for others to decide how much you deserve regardless of how much money you have. It has nothing to do with having more money than you need.
Congratulations Sara, the World's Youngest Female Billionaire. Live your dream.
I hope someone reading this will be the next Sara (or Sam, as in Walton).
the never should have but most likely always will. it's stupid and sick for one person to be that rich but someone else works harder and barely makes ends meet.
there are people who are worth more than billionaires and i think there is nothing wrong if these people are capable and make so much money. most of them do charity too
Yes they should, possibilities are endless. Just because I am in a situation I would never want to stunt some else's growth. It is very selfish to wish an entire level of people did not exist because I have not applied myself to that level.
by Scott S Bateman 3 years ago
1) Their governments are heavily influenced by multibillionaires.2) Those billionaires hide their assets and underpay taxes.3) Both governments spend more than than receive anyway to appease the lower classes.4) Both countries are heavily in debt.Agree or disagree?
by janesix 6 years ago
I have my doubts
by Charles James 6 years ago
For years, even centuries, the concepts of society have varied, yes? Each society claims to be the "correct one" and, at any cost, do what it takes to preserve that ideology, especially the States, who appear to be the self-appointed guardians of the world. Being such guardians, comes...
by tim kenner 8 years ago
There are 793 billionaires, 45% of them are US Citizens. How much money is enough? What prevents billionaires from giving say 50% of their profit's? Why die leaving behind truck loads of cash to well educated but certainly not people who have the heart of Christ? If you walked up to Bill Gates and...
by email@example.com 3 years ago
Why don't Hollywood liberals and liberal billionaires give their fortunes to the government ?With all the talk about paying your fair share, you'd think that the countries wealthiest and most influential liberals would at least give their fortunes to the government as an example since...
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