georgephillip
Diamond Member
- Thread starter
- #161
Your knowledge of history is less impressive than your insights into economics. Bill Gates came from a rich family that provided him with 10,000 hours of computer programming experience before he left for Harvard.Also, some of those "elites" didn't start out that way. Bill gates came from a middle class family, dropped out of college and started Microsoft in the garage of his parents home. Capitalism makes such possible. Socialism doesn't.
Gates fortune is the result of politically constructed laws and institutions that socialize cost and privatize profit (How much would Microsoft be worth absent the Internet?)
Socialism would distribute Microsoft's revenue in proportion to the amount of productive labor that produces the wealth:
Why Bill Gates' net worth is so high 20 years since stepping down as Microsoft CEO
"Microsoft Corporation is a major international technology company, with around 96,000 full-time employees in the United States in fiscal year 2020. Another 67,000 of Microsoft's full-time employees are located outside the company's home market bringing the total number of full-time employees worldwide to around 163,000."
Microsoft employees by location 2020 | Statista.
One parasite worth 96 billion dollars/163,000 employees.
Even innumerate billionaire butt-wipes (like you) should be able to manage that math.