abobtosis t1_j9eswtk wrote on February 21, 2023 at 12:03 PM

Reply to comment by T-Rex_Woodhaven in World to face wars over food and water without climate action, EU green deal chief says by YoanB

Those corporations need their workers to eat too or they won't be able to keep making money. And those billionaires require their corporate stock prices for most of their net worth.

T-Rex_Woodhaven t1_j9hk70i wrote on February 22, 2023 at 12:46 AM

I'm not sure if you're missing the point here or for unknown reasons protecting billionaires. These companies make billions in profits. Profits are after all employees, bills, and taxes are paid. Many corporations don't pay their employees enough to eat or be housed and then make even MORE in profits. I don't really care if the CEO's net worth is based on nonsense stock prices, they still have WAY too much and don't pay nearly enough in taxes.

The point was people with a ridiculous amount of money are not worried about the effects of climate change because they think they have the wealth to protect themselves from resource insecurity.

abobtosis t1_j9hse84 wrote on February 22, 2023 at 1:46 AM

I'm not protecting anyone. I'm saying they'll be just as fucked as the rest of us.

If every employee they have can't eat and society collapses, they're not gonna have very much left. Most of their net worth is locked in stocks which aren't liquid, and if their company collapses they'd probably become a lot less wealthy.