• Fredselfish@lemmy.world
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    13 hours ago

    Seize their fucking money. She isn’t trying hard enough. Give it to me I make it all gone in a week. Fuck anyone trying to apologize for her our make excuses. We have children straving and homeless that she could end in a day. Fuck that cunt no better then her ex.

    • NoneOfUrBusiness@fedia.io
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      5 hours ago

      I mean this money isn’t literal money; it’s assets and shit. As shown by Elon Musk’s Twitter fiasco, that kind of “money” can’t be converted into liquidity on a moment’s notice. The assumption that giving away all one’s wealth immediately leads to maximum good is also not true, because the whole point of capital is that it grows. In Mackenzie’s example she could donate six billion right now and end up right where she started (ignoring inflation, which we probably shouldn’t). That means that, hypothetically, she could donate 36 billion dollars every seven years, or about 5 billion dollars per year, forever. That’s 50 billion per decade, and there are many decades in a human lifetime. You count how many homeless children that is. Capitalism is an unethical system, but there’s merit to participating in an unethical system where one is given power if they can do more good with their presence than with their absence. It’s basically the same logic as a regional bureaucrat with a conscience in a dictatorship. For fun I tried to calculate how much money adjusted for inflation you could give out starting from 36 billion dollars over a human lifetime, assuming all remainder gets given away on death and that the giver is going to die exactly forty years later. Here’s the result: https://www.desmos.com/calculator/ysyzv7ur1m (x axis in years, y axis in billions of dollars). Here you have four donation schemes, in order from the top, with growth rate 11% and inflation 4.5%:

      1. Give away 5.14 billion (approx. 36/6) at the end of each year, give away remaining principal after 40 years.
      2. Give away all 36 billion immediately.
      3. Give away exactly what one gains, adjusted for inflation, without touching the principal (in this case 2.25 billion in 2026 dollars), give away principal after 40 years.
      4. Let principal grow, give away all at once after 40 years (you’ll have to zoom out for this one).

      Of course saving a starving kid now is better than saving a starving kid now so these numbers shouldn’t be taken at face value, but you get the idea. Money is power, and there are better things to do with power than immediately give it away.