Let’s say that you have an opportunity to gain billions to fix the society from the top. Do you think that you would keep your integrity and use your money for the greater good, or that you would be corrupted by your power?
If so, would you still accept the offer knowing that you would just make the situation worse?
And if you believe in yourself, how would you try to convince an hypotetical entity to give you this wealth?
To avoid regrets let’s say that if you decline the offer your memory about the deal gets erased.
I think I would be fine. I already have limited wealth and I’m directing a significant portion of it to the betterment of the world around me. If my wealth/income increased tenfold (as an example) I don’t think I’d be able to find a use for more than, idk, 15-20% of the additional money? So I’d just heavily ramp up the funds going to charities and local causes.
Extending this out to the infinite wealth scenario, I’d be able to help more causes so I’d need to find out which charities are actually putting money to use for what they say they are, extend my mindset beyond local causes and to the whole globe. Almost certainly drop some fat stacks into buying out basically every fossil fuel corp and start the process of getting that shit phased out. Sure I make some terrible people rich(er) in the short term with the buyouts but fuck it, the environment needs to be prioritized.
How I’d convince this hypothetical entity? Idk, probably just explain all of the above and I guess show some hard data on my track record for this. If the entity is determined to put the money in the hands of someone who is going to do good, either I’ll be good enough or I won’t.
If its not infinite and “just” billions then I’m probably going to funnel about half of it into local (national) causes and the other half into affecting what positive change I can worldwide. Process for convincing the entity remains the same.
I would give it away by making college trust funds for poor kids in my area until I had the 4-5 million left that I would need to retire and never work again. Why anyone has more money than that is beyond me.
Lol if I had truly infinite money, this is a story of what I would do.
I would first have a “magical investment bank” that would promise 200% per annum with interest paid monthly, but only if paid in cash and at least 50 million to start. Have this scheme open for a few months with actual results and interest paid out. This is to get billionaires and megacorps to liquidate their assets into soon to be worthless monetary instruments. Then, everyone in the world but the top 0.1% would get 1 trillion. Everyone’s debt is virtually erased, and the old top 0.1% can go ahead, get their money back and feel bad about themselves. With all currency effectively rebased to a billion times than previously, now we can work on solving the world’s problems as shoulder-to-shoulder equals. Give the world food, give the world shelter, give the world healthcare, give the people of the world a purpose, give the people socioeconomic freedom, give them trains, give the world a chance at reversing disastrous effects of climate change.
If it didn’t work, then my money would be just as worthless any way (unless my infinite money powers could manifest in bottle caps or whatever the newest thing people found value in was).
I’d be good at first but then slowly get corrupted as I continue on feeling disconnected. The change will be so gradual thatI wouldn’t realize until it’s too late
I will hire people much smarter than me to fix those problems. Climate change? 100 billion to the scientist with the green coat. Poverty? 80 billion to the guy who gave away his only scrap of food. I will become the master delegator. Heck I’ll even have a guy who will do the delegating. Literally have the money do the work for you.
Let’s say that you have an opportunity to gain billions to fix the society from the top.
Society can not, and never will be, fixed from the top.
Nor is money the solution to our problems, if anything, it is a huge part of the cause (and why communism aspires to a moneyless society, among other things).
So even if I say I’d only accept the money if I could instantly redistribute it, as long as other billionaires, and the systems that create and uphold them, exist, my personal actions would probably make little difference in the long run, and any money I shared would end up right back in their pockets (by virtue of how capitalism works).
I’d get YouTube premium
Elon? That you? Start with overturning “citizens united”
Yeah, I’m awesome!
If I had infinite money, everyone would have infinite money.
Except Steve. Fuck you, Steve
If everyone has infinite money, it would suddenly become worthless and society would quickly fall into chaos. You must be an anarchist.
- Build lots of free housing everywhere
- Lowers rent significantly
- Create a new healthcare provider that everyone is automatically included in with fees of $0
- Healthcare providers will have to lower their fees to even try to compete
- Lobby government for fairness doctrine to he reinstated
- Right-wing media gets neutered
- Create plentiful public food gardens
- Retailers have to lower their prices
- Create a 500km tall gold statue of myself
- Satellites now have to clear larger orbits.
- Shining dong to inspire the masses
For the monument to your hubris, maybe make it a space elevator too? Also satellites can totally get around your enormous shining dong, it won’t successfully clear LEO like you hope.
Also satellites can totally get around your enormous shining dong, it won’t successfully clear LEO like you hope.
*narrows eyes*
what have you heard?
- Build lots of free housing everywhere
No, not because I’d necessarily be corrupted, but because I’m a dipshit who doesn’t know shit about fuck, I’d probably, crash the world economy completely on accident and then have an emotional breakdown about the fact that I’d ruined billions of lives without knowing how to fix it.
i think super rich people do fucked up shit because:
- that’s the only way you become mega-rich, and
- they want more
if i already have ‘infinite’ money, why would i want more, and since i’m getting this via magic or something, there’s no incentive to be evil in order to become or remain mega-rich. in short, yeah, i reckon i’d be alright, and we’d all be better off in the long run.
- that’s the only way you become mega-rich
People have become billionaires by literal lottery. They’re not evil geniuses; don’t flatter them by suggesting so.
according to this list, nobody has gotten a billion from a lottery, yet. but sure, i guess that is the way to get rich, without having to exploit others. i also feel like i ought to point out that i never accused anyone of being evil geniuses, just evil.
edit: fixed link
Birth lottery maybe
Ah, just $997.6m. My bad, I guess.
Yeah, but there’s plenty of nasty mean poor people, too. If you put that incomprehensible wealth on a lack of morals you’re basically painting them as a Lex Luthor figure who can just choose to outmaneuver everyone else. Meanwhile, there’s pretty strong statistical evidence the ones that didn’t win literal lotteries just won figurative ones.
It’s actually really hard to get a billion dollars directly from the lottery.
You pay like 60% (or more maybe?) taxes if you take it as a lump sum. And still lots of taxes if you annuitize it, and then it will take too long to be a billionaire unless you win it in your 20s maybe.
You also have to win a full billion in the first place, and someone else pointed out the highest winnings are actually juust short. So, technically I was wrong, although the point still stands.
There’s been several winning jackpots over a billion now. There was one a couple weeks ago.
Yeah, but apparently they’ve all been split a few ways.It’s a distinction without a difference, but there you go.
Are you saying the jackpot, or the one time cash out value which is always less than the annuity value? Because those are different things. And there’s several jackpot values that were single tickets above 1 bln
Ah shit, you’re right. I was reading the table wrong.
Okay, so the top one is actually a two billion jackpot that came out to just below a billion due to the way the cash is awarded.
Lottery winners don’t often stay wealthy forever though
True. Then again, you don’t hear a lot about the Carnegies anymore either. Social mobility just works in both directions, and about as often.
Social mobility just works in both directions, and about as often.
Yeah, no, that’s a massive streaming pile of self soothing bullshit that isn’t convincing anyone but you.
You want to have a look at the hard numbers? Give me a moment to gather sources. Basically, it’s a random walk, and the ever-worse inequality is induced by the upper end “spreading out”.
I’m below the poverty line myself, BTW. I am not one of the winners who would need to self-sooth.
You don’t become a billionaire by pure luck though, you need to seek out situations that could make you rich and then you need to get incredibly lucky (unless you are born into money of course).
Being the type of person that seeks out becoming that rich is going to have to do it at the expense of others.
It’s true, if you don’t play you can’t win. That being said, if you go through these people’s life stories they come across as very similar to the legions of entrepreneurs that didn’t strike it big.
Maybe what you’re saying is that everyone who’s tried to make big money is a bastard. I guess you could do that, but that’s not really the impression I’ve gotten of the startup dorks I’ve met.
that doesn’t typically end well for most of them either
Screw it. If I had limitless wealth time to see if ending homelessness is possible with every bit of it I can.
What I want for me is a stable living situation, fun times on a motorcycle, and time to do hobbies without killing myself at work and to travel. My secondaries are those things for the people I care about. Other than the killing myself at work, that sort of thing is obtainable without being a millionaire.
So after that, throwing billions into building affordable housing seems like the plan, combat these scalpers that overdo rent and see if I could beat the countries, then the worlds goal of “stable living situation”. After that… figure out what’s next.
i would become so evil so quickly
Yeah, no kidding. I would never be satisfied with infinite money, I’d need more!
