Earlier quoted context omitted.
> Hating on billionaires - so hot right now People don't hate the billionaires, they disapprove of a system structured to allow some people to acquire vast wealth on the order of billions while large numbers struggle with the basics like healthcare, childcare, education, and housing, while that system pays lip service to their struggles while doing little to change it. Western European countries, Japan, South Korea,…
Rational people may do that. There is a sadly sizable contingent which absolutely does hate on billionaires though and let it become a distraction from /actually doing something about the system/. Hell often they violently oppose change to the same system which actually helps because of their own spite and selfishness. And it shows up in so many different ways and contexts. From the racists on food stamps and welfare…
Many of these cases are examples of tragedies of the commons, where people "rationally" advocate for their individual maximum utility, while suffering the costs when the commons is overwhelmed by the everyone doing the same.