This bears repeating.
America’s greatest genius, the man who figured out that America loves to shop and loves convenience, and designed and built the vast empire that makes this American dream come true, makes almost $9,000,000,000 AN HOUR.
Per hour, Jeff Bezos makes $8,961,187 — roughly 315 times Amazon’s $28,466 median annual worker pay. An Amazon worker earning the $15 minimum wage would need to work about 597,412 hours, or 24 hours a day for about 68 years, just to earn what Bezos makes in one hour.
Working more than half a million hours to make what your boss makes in one HOUR? Fair is fair, we live in the land of unlimited freedom, but… something about the grotesqueness of this disparity seems… I don’t know…
Accumulating a billion non-hereditary dollars means the person is a very successful genius, smarter and harder working than the average bear. Here we call such persons philanthropists, when they choose to give some of their money back in the form of charity. We often call the billionaires in other countries by less flattering names, like oligarch and kleptocrat. In America there is no connection between any sinister motive, or simple greed, and the accumulation of a few billion dollars. That’s why we are the land of the free, baby.
But 597,412 hours to make what your visionary boss makes in ONE HOUR? I don’t know, something seems rotten about that arrangement. Doesn’t smell fair, somehow, though I can’t quite put my finger on it.