Billionaires Build
This essay uses a weak straw-man: <i>the only way to become a billionaire is by exploiting people</i><p>I think the "principle of charity" or "steel-man" criticism of billionaires isn't that every single billionaire is directly exploiting people. It would be closer to something like this:<p>The problem is that our society has feedback loops that make it hard to escape poverty, and feedback loops that let the wealthy amass more wealth and power. It doesn't have to be this way, it's a product of our laws and can be changed.<p>Warren Buffet doesn't directly exploit anyone. However he does pay less taxes than his secretary. To the extent that Uber drivers and Amazon warehouse workers are exploited, it's because our society has millions of desperate people struggling to get by. What's the point of being the wealthiest nation ever on paper, if there's terrible schools, high infant mortality, and lead in the drinking pipes?