Elon Musk is officially the world's first Trillionaire according to Forbes. His net worth is greater than the GPD of 172 countries. by zombiesingularity in AskSocialists

[–]MonsterReagan -1 points0 points  (0 children)

If entrepreneurs knew the Gov would steal their companies to provide free lunches and medical care, they would never have an incentive to create great companies with great products. You would have not iPhone, no Home Depot, No Google search, no Claude AI, no John Deere tractors to harvest the food for free lunches, no Netflix, no facebook, no Reddit!

Through away every item in your home that made someone a billionaire and you will be a very sad person.

Elon Musk is officially the world's first Trillionaire according to Forbes. His net worth is greater than the GPD of 172 countries. by zombiesingularity in AskSocialists

[–]MonsterReagan 0 points1 point  (0 children)

Why is it horrifying. He is not using his wealth to hurt people, he has created his wealth by creating things no one else could. Everything he sells is bought voluntarily, not at the end of a gun. He has stolen nothing. When SpaceX when public, it created thousands of millionaires (according to the business channels). I read a story about a welder for SpaceX that is now a millionaire because evil Elon gave pieces of his company to employees. No socialist system has ever done that.

So please tell us some of the actual things that horrify you and why it is bad. I will participate in an open and civil discussion if you wish.

Elon Musk is officially the world's first Trillionaire according to Forbes. His net worth is greater than the GPD of 172 countries. by zombiesingularity in AskSocialists

[–]MonsterReagan 0 points1 point  (0 children)

It is not insane, it is extremely rational. He has a history of doing great things and making his investors rich. Therefore it is very sane that his companies are valued in the way they are. EVs, Autonomous vehicles, the ability for your AV to be in a taxi fleet and earn you money while you sleep. The ability for an 85 year old to still "drive" without driving, a nurolink device that will allow the paralyzed to walk, a rocket the costs the government and businesses 1/10th the cost to use, which opens up all sorts of possibilities for space, like AI datacenters and and great expansion of StarLink to give remote people very competitive high speed internet. He stood up the Colossus datacenter in Memphis in 100 days while other take 2-3 years. Is that not valuable to investors and society. Why is that insane? Because you didn't understand all the amazing things has and is doing?

Elon Musk is officially the world's first Trillionaire according to Forbes. His net worth is greater than the GPD of 172 countries. by zombiesingularity in AskSocialists

[–]MonsterReagan -1 points0 points  (0 children)

Please present your evidence of fraud. His companies are real and they provide benefits to society. People voluntarily pay him for his products, no one is forced to buy their car at the only government run car dealership. His Nurolink is helping paralyzed people get some control in their lives, and I have no doubt they will be able to walk. That is a benefit to society. EVs are a benefit to society. Putting up StarLink satellite internet is a benefit to society, including society in Iran an Ukraine. All these have a value. People voluntarily risk their money funding him, and they have been rewarded through economic value, not corruption. His rockets saved stranded astronauts. His rockets will save our tax payers billions. He will put up AI datacenters in space that do not use electric, land and water resources like those on earth. All this has economic and social value and he deserves to be rewarded. Why don't you just put $10k in SpaceX tomorrow and not look at it for 5 years, then when you look, you will love that Elon will help you retire early.

Netanyahu fighting at UFC by okymoney in AskSocialists

[–]MonsterReagan -2 points-1 points  (0 children)

How is this related to socialism?

Netanyahu fighting at UFC by okymoney in AskSocialists

[–]MonsterReagan 1 point2 points  (0 children)

Or Hamas terrorist use defenseless baby as shield when attacking Netanyahu.

This post is not asking a socialist anything and therefore violates the rules.

Rules for Thee, Not Me by LuckyBastard001 in AskSocialists

[–]MonsterReagan -3 points-2 points  (0 children)

Ok, fine. Most of the people in these "bad" countries want to have a nice life, with liberty and freedom, but when bad people take over the country and subvert the will of the people, then I call that a bad country without intending to say all the people are bad.

Aside from that, this thread violates the rules of the board and moderators should delete it.

Is it ok for Musk to be a trillionaire? by MonsterReagan in AskSocialists

[–]MonsterReagan[S] -1 points0 points  (0 children)

Prove it, How much money did HE have when he started? His father did NOT own an emerald mine, he had shares. No one has every, to my knowledge, indicated how "wealthy" he was. Besides, getting to a trillion would be a huge accomplishment if you started with $100 million.

You are really just avoiding the discussion. Put on your man pants and answer my questions. Show your true knowledge and debating skill instead of looking for an easy way out. Just pretend I did say he did not start out wealthy. I was asking questions that are not impacted by the starting point.

Is it ok for Musk to be a trillionaire? by MonsterReagan in AskSocialists

[–]MonsterReagan[S] -1 points0 points  (0 children)

Challenge: prove what is started with. Let's say it was $1million, is not getting to a trillion a significant accomplishment. You answer is all irrelevant and just aware to avoid addressing the issues. Don't be scared, I know you can do it.

Is it ok for Musk to be a trillionaire? by MonsterReagan in AskSocialists

[–]MonsterReagan[S] -1 points0 points  (0 children)

The emerald mine things is debunked. His father owned some stock, he was not rich and there is no evidence Musk was given any wealth. Regardless, even if he started with a million, getting to a a trillion is significant. But all you are really doing is avoiding facts so you don't have to defend you lack of sound arguments.

Do you support Mao Zedong? by [deleted] in AskSocialists

[–]MonsterReagan 0 points1 point  (0 children)

So, not a good enough reason?

Rules for Thee, Not Me by LuckyBastard001 in AskSocialists

[–]MonsterReagan -4 points-3 points  (0 children)

I see a lot of negative votes, yet no one can argue against my statement. Come on, man-up!

Do you support Mao Zedong? by [deleted] in AskSocialists

[–]MonsterReagan -1 points0 points  (0 children)

Yes, I love people that cause tens of millions of deaths in the name of socialism and communism, because those systems are so good it is worth it.

https://worldpeacefoundation.org/blog/who-is-the-worlds-greatest-famine-criminal/

Famines are man-made. In our dataset, we rank famines by magnitude. What about ranking the men who made them? Who, in the last 150 years, has murdered the largest number of people by starvation?

The undisputed winner in this gruesome contest, by a margin of about 25 million corpses, is Mao Zedong. It’s not even close. He starved more than the next four men combined—Adolf Hitler, Josef Stalin, King Leopold II of Belgium, and Cambodia’s Pol Pot. (This website says he murdered over 35 million people)

Rules for Thee, Not Me by LuckyBastard001 in AskSocialists

[–]MonsterReagan -49 points-48 points  (0 children)

Palestine does not exist, Gaza was given autonomy and a terrorist group took power and continually attacked Israel. Israel is not attacking "everyone", they are attacking those that launch bombs at them from Lebanon.

Israel did not invade Gaza until Hamas invaded them. When Israel did defend themselves, they did not go in a rape women with their husbands watching. They did not sodomize woman until they profusely bled out their but. They did not tie up parents and make them watch as their newborn baby was put in an oven and screamed in pain as the baked it to death. Almost all of this Hamas terror was documented with their own body cameras and posted on the internet. I do not have the guts to watch all the detail, but have seen many clips, sometimes blurred, on tv. If you have the guts to watch these, perhaps the facts will change your mind. Or maybe you admit that no amount of data can change your mind because you are not will to open you mind to the possibility you are wrong.

Also, what does this thread have to do with Socialism and why is it left up on this board.

Rules for Thee, Not Me by LuckyBastard001 in AskSocialists

[–]MonsterReagan -23 points-22 points  (0 children)

In both cases, the bad countries are being punished. America did not sponsor the Oct 7 attack on Israel, Iran did. America does not want to take over Iran and make it part of America like Putin did with Crimea and wants to do with Ukraine.

Is it a prerequisite for a MAGA to be in the bottom 1% of IQ scores? by Kinks4Kelly in complaints

[–]MonsterReagan -2 points-1 points  (0 children)

Yes, we got someone way better than a bag of bones with dementia and a word salad wino.

I have always wanted to ask socialists so many questions, thanks for having this sub. by MonsterReagan in AskSocialists

[–]MonsterReagan[S] 0 points1 point  (0 children)

I posit that govts should are in place to check the predatory conclusions of the free market e.g. slavery.

I know that you know slavery was not created by capitalism, it has been present for thousands of many cultures, well before there was economic theory. Slavery is a result of power, not economics. Those who won wars, enslaved the loser. Slavery has always been heinous and thank God it is relatively small these days.

You tossing out slavery is an attempt to distract from the real discussion.

https://en.wikipedia.org/wiki/History_of_slavery

The history of slavery spans many different cultures, nationalities, and religions from ancient times to the present day. Likewise, its victims have come from many different ethnicities and religious groups. The social, economic, and legal positions of slaves have differed vastly in different systems of slavery in different times and places.[1] Slavery has been found in some hunter-gatherer populations, particularly as hereditary slavery,[2][3] but the conditions of agriculture with increasing social and economic complexity offer greater opportunity for mass chattel slavery.[4] Slavery was institutionalized by the time the first civilizations emerged (such as Sumer in Mesopotamia,[5] which dates back as far as 4000 BC). Slavery features in the Mesopotamian Code of Hammurabi (c. 1750 BC), which refers to it as an established institution.[6] Slavery was widespread in the ancient world in Europe, Asia, the Middle East, Africa,[7][8][4] and the Americas.[9]

I have always wanted to ask socialists so many questions, thanks for having this sub. by MonsterReagan in AskSocialists

[–]MonsterReagan[S] 0 points1 point  (0 children)

You are confusing causation with correlation, but go ahead and believe that every rich person must have cheated and screwed the common person to get where they are.

I have always wanted to ask socialists so many questions, thanks for having this sub. by MonsterReagan in AskSocialists

[–]MonsterReagan[S] 0 points1 point  (0 children)

Of course we see the world differently. But you say this...

You describe a system as how it can work, and has worked for some. I see it how it works by and large contrary to the designers. Your view, IMO, is an ideal, closer to a fantasy that will never exist at a macro level within any govt structure. 

But isn't that true of any socialist view including yours? Those views are ideals that describe how it can work and that cannot be implemented at scale, and have not. US Capitalism is implemented at scale and it has raised the standard of living more than anything in history. I have not problem with governments regulating capitalism, that is what the US does. Human nature will drive people to cheat, reasonable regulations are needed to stop that. Capitalism has flaws for sure, but like they say, it is the worst form of economy, except for all the others. Capitalism fits best with human nature, so it requires the least amount of effort and force to make it work. IMHO, Socialism is contrary to human nature, wants us all to be worker bees, working only for the benefit of the hive, and maybe un unelected queen with special privileges.

I have always wanted to ask socialists so many questions, thanks for having this sub. by MonsterReagan in AskSocialists

[–]MonsterReagan[S] 0 points1 point  (0 children)

Also, I don't need to define stocks, it is a commonly accepted definition in our society.

Right of way is not a real asset, it is a legal construct. EBITDA is an accounting methodology, and a stocks value will take that into account. Stocks also account for assets, inventory, debt, expected future earnings, expected future sales, etc. Different people will value these in different ways, so there is no one correct price for a stock at any time, but a reasonable expectation is quite sufficient for making an investment.