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Meta’s Mark Zuckerberg Says He Is Accountable as Company Preps for Mass Layoffs

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Re: Meta’s Mark Zuckerberg Says He Is Accountable as Company Preps for Mass Layoffs

#31

Post by credit_guy »

avidphantasm wrote: post #20
DaiPlusPlus wrote: post #14

Earlier quoted context omitted.

Once you're worth north of a few hundred million dollars, what practical, concrete, difference does a few billion added - or removed - from one's personal wealth make?

This is why being a billionaire should be functionally illegal. Tax away all of that wealth. It is immoral that we allow people to control that much wealth. Vast wealth should be under democratic control.

> It is immoral that we allow people to control that much wealth

In my mind, life, liberty and the pursuit of happiness are inalienable rights. Maybe you don't share this view, but quite a few people do.

Re: Meta’s Mark Zuckerberg Says He Is Accountable as Company Preps for Mass Layoffs

#32

Post by manofmanysmiles »

avidphantasm wrote: post #20
DaiPlusPlus wrote: post #14

Earlier quoted context omitted.

Once you're worth north of a few hundred million dollars, what practical, concrete, difference does a few billion added - or removed - from one's personal wealth make?

This is why being a billionaire should be functionally illegal. Tax away all of that wealth. It is immoral that we allow people to control that much wealth. Vast wealth should be under democratic control.

So it’s somehow more moral to gang up and take someone else’s property by force?

Can you explain your idea of morality?

Re: Meta’s Mark Zuckerberg Says He Is Accountable as Company Preps for Mass Layoffs

#33

Post by lovich »

credit_guy wrote: post #31
avidphantasm wrote: post #20

Earlier quoted context omitted.

This is why being a billionaire should be functionally illegal. Tax away all of that wealth. It is immoral that we allow people to control that much wealth. Vast wealth should be under democratic control.

> It is immoral that we allow people to control that much wealth In my mind, life, liberty and the pursuit of happiness are inalienable rights. Maybe you don't share this view, but quite a few people do.

Is being a billionaire necessary for any of those or even related? Possibly on the liberty angle but someone controlling that much wealth is decreasing the liberty of everyone else in the economy

Re: Meta’s Mark Zuckerberg Says He Is Accountable as Company Preps for Mass Layoffs

#34

Post by piva00 »

jstx1 wrote: post #30
yamtaddle wrote: post #18

Earlier quoted context omitted.

Sorta, but I have trouble taking a bad outcome that is "your great-grandchildren still won't have to work for a living, unless you choose to make them" as, like, real consequences. If someone who's already got $10m in the bank would happily trade their success for your "consequences", I dunno, just seems... fake. Like playing poker with quarters—sure you "care" but losing doesn't actually hurt in any meaningful way i…

Yes, he’s a billionaire and he’ll be fine anyway. Does accountability mean something only if his life is ruined or he loses everything? I don’t get that line of thinking at all.

Not ruin but at least something more tangible to lose than just paying your way out of it. Like losing control of the business, decision making powers, could be anything else that he doesn't have vast resources to plug the hole immediately.

Pure financial consequences are meaningless to the ultra-rich.

Re: Meta’s Mark Zuckerberg Says He Is Accountable as Company Preps for Mass Layoffs

#35

Post by piva00 »

manofmanysmiles wrote: post #32
avidphantasm wrote: post #20

Earlier quoted context omitted.

This is why being a billionaire should be functionally illegal. Tax away all of that wealth. It is immoral that we allow people to control that much wealth. Vast wealth should be under democratic control.

So it’s somehow more moral to gang up and take someone else’s property by force? Can you explain your idea of morality?

Yup, it was done when abolishing slavery, you just need to think outside of the box on what "property" means to you :)

Re: Meta’s Mark Zuckerberg Says He Is Accountable as Company Preps for Mass Layoffs

#36

Post by yamtaddle »

jstx1 wrote: post #30
yamtaddle wrote: post #18

Earlier quoted context omitted.

Sorta, but I have trouble taking a bad outcome that is "your great-grandchildren still won't have to work for a living, unless you choose to make them" as, like, real consequences. If someone who's already got $10m in the bank would happily trade their success for your "consequences", I dunno, just seems... fake. Like playing poker with quarters—sure you "care" but losing doesn't actually hurt in any meaningful way i…

Yes, he’s a billionaire and he’ll be fine anyway. Does accountability mean something only if his life is ruined or he loses everything? I don’t get that line of thinking at all.

I mean, if my waking up to find a flat tire on my car causes a lot more actual harm to my life than his "accountability", seems pretty weak and that's still leaves a lot of room short of "life ruined" or "loses everything".

[EDIT] I'm not calling for him to be jailed or something, I'm pointing out that "accountability" that amounts to going from fabulously rich to... still fabulously rich, ain't shit. Hell, part of the motivation for getting rich is precisely that it insulates you from ever experiencing actual harm, so it's entirely expected that this would be the case.

Re: Meta’s Mark Zuckerberg Says He Is Accountable as Company Preps for Mass Layoffs

#37

Post by yamtaddle »

piva00 wrote: post #34
jstx1 wrote: post #30

Earlier quoted context omitted.

Yes, he’s a billionaire and he’ll be fine anyway. Does accountability mean something only if his life is ruined or he loses everything? I don’t get that line of thinking at all.

Not ruin but at least something more tangible to lose than just paying your way out of it. Like losing control of the business, decision making powers, could be anything else that he doesn't have vast resources to plug the hole immediately. Pure financial consequences are meaningless to the ultra-rich.

This is a good call. Losing, or giving up, something that you can't trivially get back in short order purely by throwing money at it and telling a lackey to go fix it, is an actual consequence. Needing to add together slightly fewer poor countries' GDPs to equal his net worth is meaningless.

Re: Meta’s Mark Zuckerberg Says He Is Accountable as Company Preps for Mass Layoffs

#38

Post by ripvanwinkle »

justapassenger wrote: post #25
polishdude20 wrote: post #3

Him saying he's accountable and not actually being held accountable is not really being "accountable".

What would you consider being held accountable? Sure, resigning is an atomic option, for a CEO, founder, board member and person having controlling amount of votes. Is there anything else that you'd consider as true to that statement?

Well he do something meaningful - say pay a full years wages for everyone laid off from his personal funds
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