Democratic Primaries

brush

(61,033 posts)

68. "...the concept of a 'self-made' billionaire is ridiculous."

Fri Jan 24, 2020, 11:10 AM

Jan 2020

So what are you advocating, socialism, or regulated capitalism with a generous safety net, keeping in mind that there has never been a successful implementation of socialism in history as it's human nature to want to be rewarded for singular creativity and ground-breaking innovation?

And even with regulated capitalism, a billionaire can still arise, alhough not as quickly or often as in the system we have now.

If I were to vote in a presidential
primary today, I would vote for: Joe Biden

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I just found this out about Michael Bloomberg: He is a "self made billionare" [View all] Stuart G Jan 2020 OP

I'm liking Bloomberg more and more. I won't like him if he hurts Biden too much, but I love how highplainsdem Jan 2020 #1

I also love "how Bloomberg is going after Trump." (your words).. Stuart G Jan 2020 #5

Do recall Bloomberg Wellstone ruled Jan 2020 #2

OTOH, he has almost no known positions. thesquanderer Jan 2020 #3

He has plenty of know positions brooklynite Jan 2020 #8

So then the NYT was right and it was a pretext to avoid hard questions? thesquanderer Jan 2020 #12

I just learned some more about Mr. Bloomberg just now from your post. Stuart G Jan 2020 #11

Not sure about the interview squirecam Jan 2020 #17

He's an actual billionaire, unlike that... dubyadiprecession Jan 2020 #4

From Medford, Mass C_U_L8R Jan 2020 #6

My friends in CA see a lot of his ads ... left-of-center2012 Jan 2020 #7

just to be clear, there's no such thing as a "self-made" billionaire unblock Jan 2020 #9

Tell us all how J.K. Rowling failed to share her billions with others... brooklynite Jan 2020 #14

You might want to read up on the Labor History of the United States. Sloumeau Jan 2020 #15

We're not talking about labor history in general; we're talking about one candidate in particular brooklynite Jan 2020 #16

Good point squirecam Jan 2020 #19

unblock wrote the following: Sloumeau Jan 2020 #22

"anyone who is a billionaire found a way to direct a huge stream of money their way..." brooklynite Jan 2020 #24

I see things differently. Sloumeau Jan 2020 #26

"There's no such thing as a self-made billionaire" brooklynite Jan 2020 #28

You wrote: Sloumeau Jan 2020 #29

J.K. Rowling is "evil". got it. brooklynite Jan 2020 #31

Yes, it is evil when some people have a billion dollars while so many people starve. eom Sloumeau Jan 2020 #32

Did Biden announce a wealth redistribution policy which I missed? brooklynite Jan 2020 #34

Do you think that Biden is a billionaire? eom Sloumeau Jan 2020 #35

No, he's a multimillionaire ($9 M)... brooklynite Jan 2020 #37

I have never met a politician who supported all of my views. Sloumeau Jan 2020 #39

"Billionaires are basically evil" TwilightZone Jan 2020 #33

You wrote: Sloumeau Jan 2020 #36

And there are degrees of stupidity The Mouth Jan 2020 #73

Your last post may have violated the DU terms of service Sloumeau Jan 2020 #78

It is an idiotic idea The Mouth Jan 2020 #98

The modern Democratic Party was built from FDR's legacy. Sloumeau Jan 2020 #99

That is not at all what I was replying to The Mouth Jan 2020 #100

Who, exactly, are you quoting here?: Sloumeau Jan 2020 #103

Your post reminded me of a discussion I had with a friend's husband several years ago. He is very in2herbs Jan 2020 #79

in2herbs, that was a great post. Sloumeau Jan 2020 #89

Thank you. I forgot to add that supportive parents and teachers or mentors are also very necessary in2herbs Jan 2020 #93

He was not talking about labor history. The charge the poster made Blue_true Jan 2020 #51

Income resentment. Yeah whatever, lol. unblock Jan 2020 #43

As for j.k.rowlings, unblock Jan 2020 #44

I have a close family member who marybourg Jan 2020 #27

The finance industry pays rather well unblock Jan 2020 #42

No, she's IT. marybourg Jan 2020 #45

Whatever her role, if she's working at Bloomberg, unblock Jan 2020 #47

Being paid very well is generally thought of as being somewhat more than marybourg Jan 2020 #49

confusing a few concepts. unblock Jan 2020 #59

A business owner can share 80% of net profits with employees, Blue_true Jan 2020 #52

You responded to something in your head that was the exact opposite of his point. PETRUS Jan 2020 #53

No, I did not make an error. Business can be a sole owner, as well as many stockholders. Blue_true Jan 2020 #60

unblock knows what he or she (?) meant PETRUS Jan 2020 #83

you clearly didn't even read my post. unblock Jan 2020 #56

He is just as much a self-made billionaire as you are a self-made person. Blue_true Jan 2020 #61

not sure what your point is here. unblock Jan 2020 #65

I disagree with you that ideas are a dime a dozen. Blue_true Jan 2020 #71

there will always be people who will fund a good idea? unblock Jan 2020 #74

No person that have any business experience will argue with you that scale matters. Blue_true Jan 2020 #81

It is totally possible for him to pay his staff well, provide good benefits, Blue_true Jan 2020 #50

what on earth makes you think i'm making it out to be simple and plain to change things? unblock Jan 2020 #64

Some of your ideas are noble, but they totally fly in the face of lots of history. Blue_true Jan 2020 #77

my experience working with global businesses is that few are as hierarchical as in america unblock Jan 2020 #80

You pointed to European companies having a flatter structure than American Blue_true Jan 2020 #82

FDR, everyone's favorite Dem, was extremely wealthy too compared to the... brush Jan 2020 #66

I didn't say he was evil unblock Jan 2020 #67

"...the concept of a 'self-made' billionaire is ridiculous." brush Jan 2020 #68

none of what you're asking has anything to do with the term "self-made billionaire" unblock Jan 2020 #70

Bloomberg is worth over $50 billion dollars, after giving a lot of it away. Blue_true Jan 2020 #75

FDR was a scion of the then very wealthy (same as today's multi-billion dollar families) Blue_true Jan 2020 #72

Yet FDR himself was a progressive Democrat back then,... brush Jan 2020 #88

The Kennedys. Blue_true Jan 2020 #90

Aren't we talking about FDR and JFK and their progressivism,... brush Jan 2020 #91

The point that I unartfully tried to make is having money doesn't make a progressive Blue_true Jan 2020 #94

I agree with you. brush Jan 2020 #96

I wish he had a better marijuana policy, other than that I have dewsgirl Jan 2020 #10

I wont lie LeftTurn3623 Jan 2020 #13

I can't make him my first choice, but he's a credible option MH1 Jan 2020 #18

And how is that helpful for the average American voter? progressoid Jan 2020 #20

My question randr Jan 2020 #21

Just say no to billionaires Devil Child Jan 2020 #23

There is no such thing as a self-made billionaire melman Jan 2020 #25

...Ok here is an example of "self made"...Let's say you start a business.. Stuart G Jan 2020 #30

The idea that there should not be billionaires is a fantasy. Blue_true Jan 2020 #54

A tautology? PETRUS Jan 2020 #57

My point is that any person that comes up with a unique idea that a lot of other Blue_true Jan 2020 #62

You're assuming some things that can't be assumed. PETRUS Jan 2020 #84

"society's property institutions"? Sounds like an endorsement for socialism, which has never worked Blue_true Jan 2020 #87

You can stop anytime you want, of course. PETRUS Jan 2020 #95

You and the other poster have written several times about the power Blue_true Jan 2020 #97

I don't think you understand what I'm saying. PETRUS Jan 2020 #101

You keep reframing the landscape everytime that I destroy a central claim that you made. Blue_true Jan 2020 #102

Not so. PETRUS Jan 2020 #104

Who did J.K. Rowling screw over on her way to the 1%? brooklynite Jan 2020 #38

I think you're unclear on some things here. PETRUS Jan 2020 #46

On your last sentence. Blue_true Jan 2020 #63

Except there *is* exploitation, and there's no real controversy about that. PETRUS Jan 2020 #85

I can't remember which dues Bloomberg has paid for the USA. patricia92243 Jan 2020 #40

This thread is so much fun... TreasonousBastard Jan 2020 #41

He was born solidly, but middleclass in Massachusetts. nt Blue_true Jan 2020 #48

Did Bloomberg inherit big bucks from Daddy like Fat Nixon? SMC22307 Jan 2020 #55

I use a BBG terminal every day at work. Lucky Luciano Jan 2020 #58

Steyr is also self made. Two billionaires in the race. Both donate to Democrats but only one also Autumn Jan 2020 #69

wow!!! samnsara Jan 2020 #76

Yeah, Bloomberg is a self made billionaire. DemocratSinceBirth Jan 2020 #86

At this point, anyone is better than Trump. MicaelS Jan 2020 #92

There's one thing about Bloomberg that's a big positive. He could buy and sell Trump Vinca Jan 2020 #105

Bloomberg's financial success is impressive andym Jan 2020 #106