Mamdani, the presumptive Democratic nominee to be the next mayor of New York and a self-identified democratic socialist, said Sunday billionaires contribute to inequality.
I can imagine an argument for certain artists that are so beloved that their art sells globally or they entertain at a massive scale. Think Taylor Swift, or LeBron James. You can wrangle over the specifics of any individual, of course, but in theory that seems reasonable to me on the face of it. I can also imagine a persuasive argument for a business tycoon that builds up his workforce along with his own coffers and keeps them wanting for nothing. But the circumstances around that are pretty far fetched as far as the typical sociopathic billionaire tycoon goes.
AFAIK even seemingly successful musicians often don’t really make out with much cash. They incur a lot of costs even under the most “honest” industry contracts. Then there are cases of getting blatantly scammed like the Backstreet Boys or George Clinton.
I can imagine an argument for certain artists that are so beloved that their art sells globally or they entertain at a massive scale. Think Taylor Swift, or LeBron James. You can wrangle over the specifics of any individual, of course, but in theory that seems reasonable to me on the face of it. I can also imagine a persuasive argument for a business tycoon that builds up his workforce along with his own coffers and keeps them wanting for nothing. But the circumstances around that are pretty far fetched as far as the typical sociopathic billionaire tycoon goes.
AFAIK even seemingly successful musicians often don’t really make out with much cash. They incur a lot of costs even under the most “honest” industry contracts. Then there are cases of getting blatantly scammed like the Backstreet Boys or George Clinton.