• Nik282000@lemmy.ca
    link
    fedilink
    arrow-up
    7
    arrow-down
    6
    ·
    1 day ago

    There are no innocent millionaires. The threshold of wealth that requires some seriously unethical behaviour is pretty low.

    • ChexMax@lemmy.world
      link
      fedilink
      arrow-up
      7
      ·
      1 day ago

      What do you count as innocent? Like doesn’t use products made in factories with human rights violations? I’m never gonna hit a million, but economists are saying we all need to have a Mil or three in order to retire? I know a couple million airs who seem like normal people, they’re just business owners?

      • Nik282000@lemmy.ca
        link
        fedilink
        arrow-up
        3
        arrow-down
        2
        ·
        22 hours ago

        I mean there is no way to goss a million a year without directly and knowingly exploiting people on a daily basis.

        • xthexder@l.sw0.com
          link
          fedilink
          arrow-up
          3
          ·
          edit-2
          17 hours ago

          Millionaire refers to total wealth or cash on hand, not annual salary. Someone making $1M a year is probably worth $100M+ if they own stocks and may be well on their way to billionaire.

    • Backlog3231@reddthat.com
      link
      fedilink
      English
      arrow-up
      5
      arrow-down
      2
      ·
      edit-2
      23 hours ago

      That’s not true you can earn a few million from hard work. Its rare these days, but doable. Still pennies compared to Elon et. al. I think the cutoff should be between 50-100 million. After that we name a park after you and you get a trophy for winning at capitalism. Congrats or whatever, but we’re taking the rest.

      Whatever the threshold, it needs to be indexed to inflation and COL in the local area.

      • Nik282000@lemmy.ca
        link
        fedilink
        arrow-up
        3
        arrow-down
        2
        ·
        22 hours ago

        You definitely can not become a millionaire on YOUR hard work. It takes the hard work of other people working for you. And unless you over charging for their work or under paying them for their work, you aren’t going to be making millions.

        • xthexder@l.sw0.com
          link
          fedilink
          arrow-up
          2
          ·
          edit-2
          17 hours ago

          I disagree, since the Internet allows indie studios for things like music and games to reach a massive audience. Selling your indie game that you made with your friends for $20 to 300k people makes you a millionaire without exploiting anyone. As long as you can avoid publishers leeching most of that away… Plenty of people also have become millionaires just by selling their house and moving somewhere cheaper.

          • qaz@lemmy.world
            link
            fedilink
            English
            arrow-up
            2
            arrow-down
            1
            ·
            19 hours ago

            You could say others who bought in later than you, but regardless I wouldn’t really classify that as “hard work”.