No one should be as rich as Elon Musk - The Mail & Guardian

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COMMENT: Extreme individual wealth is a manifestation of all that is wrong with our prevailing economic order.

An objection to this may be the notion that billionaires are often incredible innovators who deserve to reap the rewards of their genius. Seductive as this argument may be, it’s also a frequently peddled distortion. Since the early 20th century, many major scientific and technological breakthroughs were a

Those indispensable to producing the essential goods and services we need receive the least compensation for their labour in comparison to those who merely own the mechanisms for wealth to be produced. When working people demand better wages or benefits, the rich owners do not willingly comply, but often brutally resist.

The existence of billionaires is not isolated from the societies they inhabit. The movements of these titans reverberate around the world. Musk may be a very nice person, with sincere intentions to change the world for good, but the quality of his soul is irrelevant. What matters are the tangible consequences of his power and the economic system that enables it.Democracy is a project to distil power and enhance freedom. However, power has many faces and functions.

 

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30 million people live in abject poverty & service delivery is a privilege because government officials are deeply involved in looting & misappropriation of funds. What happened to the $4.3 billion (about R65.05B) Covid-19 relief loan from the IMF, is this also Musk's fault?

nice article.

What a silly article, so you would rather give full ownership of everything to the governments of the world, kill entrepreneurship by telling people there is a limit to the success they can achieve and telling them that they can't be rich because other people are still poor.

Or politicians or kings in sa

Enjoy your money. You studied hard. Worked hard. Now play hard. Fck those who drums white privilege. They are looser and freaks.

What a nonsense article this is classic Left wing jealousy

john_hendrichs The fact that this even needs to be said out loud ... What's wrong is that there is anyone on earth who actually needs to hear it ...

RobynPorteous he only became rich because his dad had lots of money and then he just used family connections and white privilege to get ahead and he wont give any back to help south africa because he doesn't care about poor black people. there i said it.

Kak i wanna be richer than him

The usual Communist drivel shows a clear lack of knowledge about basic financial aid economic principles

Ironically, I would agree, but you chose the one person who actually knows how to put that money to good use. He is not building gold-plated palaces .. he is single handedly trying to make a backup plan for the whole human civilization. Pick another example ..there any many ..

Do ell what exactly?

Thank you for your help Mr Chris, you always know how to make life brighter for everyone you know I'll always trade under your platform You thought me how to earn and am fully happy for that Message Mr Chris and start up trading earn weekly chris_grey2

Oh FFS. We live in a Capitalist society with a Free Market, get over your jealousy & work!

“authoritarian impulse in neoliberal capitalism” The writer should look at his paycheck at the end on the month, or maybe he gets paid in a socialist form!

You can’t elevate yourself by suppressing brilliance😡

We somehow start from the beginning, create equal and equitable rights for everyone, give people access to education and free health care, create affordable housing Outside markets. Make sure sectors a regulated properly. Would we still have rich and poor people? Yes.

Who write this shit ? Seriously !

Pathetic article.....from a very young age you are told to work hard....when working hard pays extremely well like what Mr Musk has achieved....it is now too much.....too much for who exactly.... ?

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