Live data from Hacker News

Why a $154B CEO just endorsed stripping most Americans of voting rights

fortune.com

51–60 of 378 posts

Re: Why a $154B CEO just endorsed stripping most Americans of voting rights

#51

Fascinating to see how many tech people, as soon as they get rich, turn to extreme. Name them all - they mostly all are very active on X, and each new tweet pushes the limits of what was previously deemed unacceptable. I'm rich, so my opinion must be more important, right?

This has been a studied phenomenon for a bit now:

Higher social class predicts increased unethical behavior

https://www.pnas.org/doi/abs/10.1073/pnas.1118373109

Re: Why a $154B CEO just endorsed stripping most Americans of voting rights

#52

[flagged]

Most "normal" people would hit $5-30 million, realize they have enough money for themselves and their descendants to be comfortable in perpetuity with some decent wealth management, and either retire or change careers to a passion project. Going to 100s, 1,000s, or 100,000s of millions inherently filters for people who have either absurd greediness (seeing wealth as a scoreboard) or a desire for power.

Re: Why a $154B CEO just endorsed stripping most Americans of voting rights

#53

Fascinating to see how many tech people, as soon as they get rich, turn to extreme. Name them all - they mostly all are very active on X, and each new tweet pushes the limits of what was previously deemed unacceptable. I'm rich, so my opinion must be more important, right?

Accumulation of wealth and power becomes an addiction unto itself if left unchecked. At some point, we all have to look in the mirror and ask ourselves if we have enough and start to place importance in other parts of our lives.

But many of the wealthiest people I have known were also the least happy, driven by an insatiable urge to be great, and despite achieving vast success, were never able to feel or accept that they had already achieved it. It was never enough.

Re: Why a $154B CEO just endorsed stripping most Americans of voting rights

#55
I don't understand why we humor this stuff. Our society has lost the ability to simply say "no" to something. We have to argue everything into the weeds, constantly hand wringing about biases and hearing all voices.

You can be biased. I, for one, am biased towards democracy and am comfortable telling people to fuck off when they question it. I don't need to debate it. Just fuck right off.

Re: Why a $154B CEO just endorsed stripping most Americans of voting rights

#56
Tax the rich.

And by that I mean people who "earn" their wealth through mechanisms that aren't direct income. Heck, give an exception to the tax on the first million of non-income based wealth. But something has to change because their money is their power and they deserve less of it.

Re: Why a $154B CEO just endorsed stripping most Americans of voting rights

#57

Fascinating to see how many tech people, as soon as they get rich, turn to extreme. Name them all - they mostly all are very active on X, and each new tweet pushes the limits of what was previously deemed unacceptable. I'm rich, so my opinion must be more important, right?

Who is going to say what is and isn't acceptable? You?

Re: Why a $154B CEO just endorsed stripping most Americans of voting rights

#59
Just to play with this a bit, this proposal instantly and completely ends Republican power. Low-taxed rural poor and retiree votes are gone, entirely. Higher earning coastal white collar and professional workers get 3-5 votes, offset to some degree but far from entirely by the business-owning rich blue collar class. The middle classes get 1. It's fairly obvious what that would mean for representation in the USA.

Second fun point is that he and his oligarch colleagues would find themselves with no votes: I guarantee I pay more income tax than this guy and anyone else in the multiple airplane owning class. Marvelous.

It is of course a fairly revolting idea but one which has some interesting unintended consequences, not least that we might suddenly find the rentier class figuring out how to declare income of $500,001 instead of a loss every year.

Re: Why a $154B CEO just endorsed stripping most Americans of voting rights

#60

Fascinating to see how many tech people, as soon as they get rich, turn to extreme. Name them all - they mostly all are very active on X, and each new tweet pushes the limits of what was previously deemed unacceptable. I'm rich, so my opinion must be more important, right?

Honestly just my experience, but I've found it ironic that finance bros in my circle have gone the other way i.e. the effective altruism, philosophizing, podcasting route. While tech bros are now turning openly elitist, and in some cases, racist. And before anyone claims it's selection bias from within my left-leaning circle, I was well involved within the Tory circus until recently (a couple of years back).

This supports my belief that when being a finance bro was the only way to Croesus-level wealth, sociopaths tended to go into finance, so they could transcend societal norms with their wealth. Then, tech came along, making finance bro-level wealth seem quaint. Where did all the sociopaths go...well, you saw for yourself.
Post reply on HN