By Arun Gupta (July 20, 2018)
Jeff Bezo’s wealth has surpassed $150 billion.
There are at least 11,600 homeless people in King County, where Amazon is located.
Amazon recently strong-armed the Seattle City Council to repeal a small $275 annual head tax on large corporations to address the soaring homelessness in the wealthiest city in the Western Hemisphere.
Bezos sees no use to spending his fortune on planet Earth. His explicit plan is to sell $1 billion of stock a year to colonize space.
“I get increasing conviction with every passing year, that Blue Origin, the space company, is the most important work that I’m doing. Blue Origin is expensive enough to be able to use that fortune.”
A grumpy old German bro described all of this nearly two centuries ago:
“Accumulation of wealth at one pole is, therefore, at the same time accumulation of misery, agony of toil slavery, ignorance, brutality, mental degradation, at the opposite pole.”
If you’re not a Marxist, you’re not paying attention.