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Hey tech billionaires, if you want to talk about radical change, let’s abolish venture capitalism (www.theguardian.com)

submitted 8 months ago by JRepin@lemmy.ml to c/technology@lemmy.world

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Do you support sustainability, social responsibility, tech ethics, or trust and safety? Congratulations, you’re an enemy of progress. That’s according to the venture capitalist Marc Andreessen.

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[–] akwd169@lemmy.sdf.org 86 points 8 months ago (1 children)

They can be both. Let's step away from the disease terminology and put it plainly.

When there is this much suffering and inequality, billionaires shouldn't be allowed to happen.

No one deserves that much power nor that much wealth when around 75% of all human beings are facing such a disproportionate amount of struggle that its difficult to even describe the comparison.

Billionaires live in a utopic paradise while the majority of humans are trapped in an existence that ranges from intolerable to abhorrent, abject poverty to barely surviving, all the while spending the majority of their time working, which contributes to the billionaires wealth...

[+] iopq@lemmy.world -20 points 8 months ago (3 children)

People in extreme poverty world-wide are less than 10% and lessening over time. The majority of people don't have an intolerable or abhorrent life.

Neither do majority of people work more than 80 hours a week

[–] SmoothIsFast@citizensgaming.com 10 points 8 months ago (2 children)

People in extreme poverty world-wide are less than 10% and lessening over time. The majority of people don't have an intolerable or abhorrent life.

Ah yes when you state the world extreme poverty level at $2.85 a fucking day. What fucking fantasy world do you live in??

Neither do majority of people work more than 80 hours a week

Are you just retarded? The majority working over 80hrs a week are low skilled laborers working multiple jobs to make ends meet, tell me all about there amazing life when 2/3rds of the work week is just straight work which doesnt yeild enough time for a proper 8hrs of sleep when accounting for getting ready, eating, commuting or taking care of family?

[–] iopq@lemmy.world 1 points 8 months ago

That's not the majority of the people, majority of people work less now than in the 19th century

https://ourworldindata.org/working-hours

[–] letsgocrazy@lemm.ee 0 points 8 months ago

The amount it people leaving poverty is happening so quickly it's amazing.

Compare abject poverty rates of now to 60 years ago and 100 years ago.

What's the point of being progressiv if you never accept that progress actually happens?

[–] Aleric@lemmy.world 3 points 8 months ago (1 children)

I see you subscribe to the Journal of Rectally Sourced Statistics.

[–] iopq@lemmy.world -2 points 8 months ago

https://www.worldbank.org/en/topic/poverty/overview

9.3%