Building a super yacht means that dozens or hundreds of people work for the benefit of one person. As craftsmen, they could have improved the lives of tens of thousands in their community instead. As engineers, they could have built products serving millions.
Not to mention the natural resources used for one person’s benefit.
There’s nothing positive about super yachts (and mansions, private jets,…) being built. Don’t let the flow of money confuse you.
And here’s another aspect: all those craftsmen are taxed at a higher rate to cover for the losses incurred by tax cuts on the wealthy who hire them…literally working to pay someone else’s taxes.
Rush Limbaugh kept selling this as “job creation”: if the rich get tax cuts “they’ll buy a private jet and someone has to wash it!” So the jet washer gets no security in a gig economy and has to pay his clients’ taxes.
the problem is actually how the rich keep buying the houses and making the prices increase for inorganic reason making people who really needs house cant afford it while at the same time the rich keep the house they bought empty
Nah, directly helping other ppl would be the person who bought the yacht instead spends their money on things that enrich their community/society/their workers.
No, like building public third spaces (that aren’t built around consumerism), building free housing, paying off people’s houses, paying for medical facilities, improvements to schools, public transit (or something like free mechanic services), paying off medical debt, taking care of homeless, etc.
Billionaires are the ones with the power to change the status quo and fix so many issues with society.
Look at what can be accomplished with just a portion of a single billionaires wealth in a single area (Mark Cuban with CostPlus). Billionaires have an ethical obligation to use their wealth for the food of humankind.
Building a super yacht means that dozens or hundreds of people work for the benefit of one person. As craftsmen, they could have improved the lives of tens of thousands in their community instead. As engineers, they could have built products serving millions.
Not to mention the natural resources used for one person’s benefit.
There’s nothing positive about super yachts (and mansions, private jets,…) being built. Don’t let the flow of money confuse you.
And here’s another aspect: all those craftsmen are taxed at a higher rate to cover for the losses incurred by tax cuts on the wealthy who hire them…literally working to pay someone else’s taxes. Rush Limbaugh kept selling this as “job creation”: if the rich get tax cuts “they’ll buy a private jet and someone has to wash it!” So the jet washer gets no security in a gig economy and has to pay his clients’ taxes.
the problem is actually how the rich keep buying the houses and making the prices increase for inorganic reason making people who really needs house cant afford it while at the same time the rich keep the house they bought empty
To be clear my comment was intended purely as satire. I definitely don’t view the construction of yachts as positive in any way.
And then they take the money they earn and they buy shit, directly helping other people
Nah, directly helping other ppl would be the person who bought the yacht instead spends their money on things that enrich their community/society/their workers.
Like paying yacht staff?
No, like building public third spaces (that aren’t built around consumerism), building free housing, paying off people’s houses, paying for medical facilities, improvements to schools, public transit (or something like free mechanic services), paying off medical debt, taking care of homeless, etc.
Billionaires are the ones with the power to change the status quo and fix so many issues with society.
Look at what can be accomplished with just a portion of a single billionaires wealth in a single area (Mark Cuban with CostPlus). Billionaires have an ethical obligation to use their wealth for the food of humankind.