Video Games Hangouts
EtcetEra Hangouts
Trending

Is being a Billionaire / High Millionare Immoral

Is being a billionare immoral

  • Yes

    Votes: 912 47.5%

  • No

    Votes: 869 45.2%

  • Depends (Lol please just say no if you think this)

    Votes: 141 7.3%
  • Total voters
    1,922
Maneil99

Maneil99

Banned
Nov 2, 2017
5,252
I really can't see a defense for someone hoarding this much wealth. IDGAF if you donate millions to charity.
Not even getting deep into the discussion that profit is theft, those that are billionaires and multimillionaires not just have exploited their workers to drive abnormal wealth into their own pocket but continue to hoard it.

The argument for it to be immoral is that not just is there not moral way to become a billionaire / uber rich. There is no reason for one to stay at that wealth level without being greedy or inconsiderate of the poor.

A person that makes 60-100k a year isn't expected to donate to the poor or not save as much as they can because they are financially vulnerable to flucuations in their life and reasonable goals like home ownership. The same cannot be argued in good faith for someone that is a billionaire or upper end of the millionaire spectrum

Whoops on the spelling mistake my dudes.
 
Last edited:
Hollywood Duo

Hollywood Duo

Member
Oct 25, 2017
23,798
You can add a poll in, just edit your OP.

On topic, I would say not inherently no. Once you are that rich you basically stay rich off interest. You can do significant charity work with all that money. Most rich people don't obviously but a few do.
 
LanceX2

LanceX2

Member
Oct 25, 2017
4,826
...is this a serious post,
???

Its only immoral if they are immoral. I wish I paid less in taxes and they pay more too but come on.
 
Another Castle

Another Castle

Member
Apr 9, 2019
552
CLT
There is very little you can do in this world to amass that much wealth without hoarding from and exploiting others. Not to mention that per capita, billionaires use several times more resources than the average person.

I don't know that it's necessarily "immoral" as much as it is misguided, though there is a line that I do believe most people knowingly cross.
 
TerminusFox

TerminusFox

Banned
Oct 27, 2017
3,851
Income inequality is immoral.

Being rich is not.

You can solve the first without getting rid of the other.
 
MadLaughter

MadLaughter

Avenger
Oct 25, 2017
6,576
in an absolutely perfect world, every single human's necessities should be met before we start allowing for luxuries, so yes.
 
Jovo

Jovo

Member
Oct 25, 2017
531
This is a bad take, Bill Gates is a billoniare but I believe also donates billionaires? Correct me if wrong.
 
The Albatross

The Albatross

Member
Oct 25, 2017
22,682
Immoral? Nah. As the man says, love of money is the root of all evil.

Jovo said:
This is a bad take, Bill Gates is a billoniare but I believe also donates billionaires? Correct me if wrong.
Click to expand...
Click to shrink...
Correct, Gates donates several other billionaires a year, as part of his devious, but brilliant, scheme to accumulate their billions.
 
Artdayne

Artdayne

Member
Nov 7, 2017
4,220
The system which allows billionaires to exist while other people starve and are homeless is immoral. I'm not saying do away with Capitalism either, but heavier taxation in order to introduce greater income equality is important.
 
subpar spatula

subpar spatula

Member
Oct 26, 2017
15,328
it is. a million or 2 is fine in liquid excluding assets. once youre in the millions where shit dont matter anymore then you have a resonsibility to help out.
 
Platy

Platy

Member
Oct 25, 2017
21,900
Brazil
KHarvey16 said:
All of the billionaires in the world combined could not solve world hunger with every last penny they have.
Click to expand...
Click to shrink...
I don't believe in you.
That said, if what you said is true and they are not spending at least half of what they own to try to make the world a better place than they fucked something.

Like a million is a lot, but a billion is a ridiculous number. No single human being can use 1 billion moneys in their life even if they seriously tryed. And most billionaries are still working to increase their fortune EVEN MORE
 
Tygre

Tygre

Member
Oct 25, 2017
7,032
Chesire, UK
Yes. Absolutely.

That concentration of wealth is a literal crime against humanity, and should be prosecuted to the fullest at The Hague.
 
TrueSloth

TrueSloth

Member
Oct 27, 2017
5,282
Depends on how you get your money. Is it through the exploitation of your workers or through honest work? Investments are a little different, I don't think banking off the market is necessarily immoral, but there are ethical investments you can make, they just aren't as lucrative.
If you dodge taxes, that's pretty immoral.
 
Kindekuma

Kindekuma

Avenger
Oct 25, 2017
2,960
Not necessarily, no. There are plenty of millionaires and billionaires that donate huge portions of their wealth to many causes world wide. Whether it’s for medicinal, education, ecological, (etc.) reasons.

There are obviously some that just sit and grow wealth without doing anything productive or positive with said wealth that I raise issue with. While it’s their choice because it’s their own money, it does make their wealth seem pointless.
 
KHarvey16

KHarvey16

Banned
Oct 27, 2017
9,241
Platy said:
I don't believe in you.
That said, if what you said is true and they are not spending at least half of what they own to try to make the world a better place than they fucked something.

Like a million is a lot, but a billion is a ridiculous number. No single human being can use 1 billion moneys in their life even if they seriously tryed. And most billionaries are still working to increase their fortune EVEN MORE
Click to expand...
Click to shrink...
You severely, severely underestimate the problems facing the world if you think billionaires could just fix them.
 
Metal B

Metal B

Banned
Oct 27, 2017
1,396
The money has to come from somewhere and it always comes from going around or changing laws, so that the society, which is the reason people got rich, don't have enough money to help the community in large. You don't become this rich by playing nice and ignoring the roads, which are build by greed.
 
Tygre

Tygre

Member
Oct 25, 2017
7,032
Chesire, UK
Alcotholic said:
Depends on how you get your money. Is it through the exploitation of your workers or through honest work? Investments are a little different, I don't think banking off the market is necessarily immoral, but there are ethical investments you can make, they just aren't as lucrative.
If you dodge taxes, that's pretty immoral.
Click to expand...
Click to shrink...
Nobody becomes a billionaire without exploiting people. The very existence of a billionaire requires the exploitation of millions.
 
Rag

Rag

Member
Oct 30, 2017
2,760
It's immoral if you aren't using that money to do good in the world... so Bill Gates gets a pass, and that's about it.
 
KHarvey16

KHarvey16

Banned
Oct 27, 2017
9,241
MadLaughter said:
Replace Ramen with (a healthy diet) and yes. Though I'm not necessarily targeting the people, I'm targeting the system.
Click to expand...
Click to shrink...
That’s fine as long as you and others that believe this kind of thing understand that no one will ever take you seriously and your own privilege enables you to comfortably never contribute anything valuable to addressing real problems.
 
Xiaomi

Xiaomi

Member
Oct 25, 2017
6,987
Needing 2 million+ in assets is simply a reality for retiring and being able to survive at a modest standard of living during retirement these days. But outside of necessary savings for retirement, you're probably not doing the world any favors racking up a huge vault of cash. And of course the whole exploiting workers thing.
 
loquaciousJenny

loquaciousJenny

The Fallen
Oct 25, 2017
2,457
The fuck are they supposed to do with it that ensures the money is used effectively and not to just feed the pockets of some other schemer
 
astro

astro

Member
Oct 25, 2017
35,892
No... but also yes.

No, as long as you're using your wealth for good.

I don't understand people who horde, I guess they're looking for power? If I had billions the first thing I would think of is what good can I do with it, and pretty much all of my friends are the same.

It seems obscene to me that so much money exists in the pockets of so few.
 
OP
OP
Maneil99

Maneil99

Banned
Nov 2, 2017
5,252
Xiaomi said:
Needing 2 million+ in assets is simply a reality for retiring and being able to survive at a modest standard of living during retirement these days. But outside of necessary savings for retirement, you're probably not doing the world any favors racking up a huge vault of cash.
Click to expand...
Click to shrink...
Thats why I am not just reffering to millionaires as a group. Many that own a home in majority cities are technically millionaires. This is for the rich rich.
 
Metal B

Metal B

Banned
Oct 27, 2017
1,396
Rag said:
It's immoral if you aren't using that money to do good in the world... so Bill Gates gets a pass, and that's about it.
Click to expand...
Click to shrink...
Did you ever thing about, that maybe Bill Gates uses his donation as a marketing tool, so that people give him the pass. He would do much more good by just paying his taxes ...
 
You must log in or register to reply here.