• GoofSchmoofer@lemmy.world
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    3 days ago

    I’m not a billionaire and I don’t study that species or it’s habitat closely, but from my limited knowledge they don’t really make their money off the consumer anymore. It’s more that they invest in the stock market which seems to be mostly disconnected from the larger economy. They also seem to get a lot of money via the Governments of the world.

    So why would they care if most of the peons lose their job? Even if the unwashed masses revolt they have bunkers and the ability to move anywhere quickly. They don’t give a fuck. But I do think they need a few slaves workers to support them and their needs, but beyond that …

    • greenskye@lemmy.zip
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      3 days ago

      Yeah, they really just want to go back to the feudal era. They don’t actually care if most of the world collapses or even if most modern technology and infrastructure collapses. They all think that they’d be better off as some sort of post apocalyptic warlord ruling over a handful of mud huts or something.

    • AmyAye@nord.pub
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      2 days ago

      Their security people are just people too.

      If the world collapses, do you think a couple of meatheads with guns and poasibly families of their own are going to keepntaking orders and protecting these jokers? Especially when money becomes meaningless but a bunker of food and supplies isn’t?

      Those security groups, at best, will remain loyal to each other, as they take over the bunkers.

      Hopefully instead of outright ending their former bosses they throw the rest of us peons a bone and throw those ex billionaires out the airlock to the rest of us.

      I say ex billionaires becsuse when everything collapses and money is meaningless well, a billion dollars may as well be 10 dollars.

    • P1k1e@lemmy.world
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      3 days ago

      Fuk man, feels like we should just jump back to barter at this point. The moneys it’s own worst enemy

    • im_fine_sandy@nord.pub
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      3 days ago

      The stock market is not disconnected from the economy.

      If no one has any money to buy things then. Corporations that sell things don’t have any value.

      • kolmaskommentoija@sopuli.xyz
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        2 days ago

        Also nothing will not be produced, if nobody is paid to produce it. Consumers lose their jobs, and have no money to buy the Thing -> the company that makes the Thing collapses -> the companies that made and transportet the materials for the Thing collapse. And all the people in the chain will have lost their jobs, and no money, so the companies will fall like dominoes… and nobody makes the Thing anymore. If money stops flowing, the economy stops working, and if it collapses, billionaires are the ones who will lose what they have, if stock market is no more.

        Do these morons think, that millions of people would just sit quietly? Many countries might take some drastic measures before that total crash, confiscate companies and all that. Not every country is yet a fully fascist police state afterall, and all their rich ones will want to keep their power anyway. Running into a bunker will do jackshit, since the collapse is going to look very different from just some sudden apocalyptic scene from a movie.

      • MonkeMischief@lemmy.today
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        3 days ago

        You’re right fundamentally, but I also share OP’s frustration in this concept that, especially with tech, it all just seems based on vibes now.