Kevin O'Leary says 3.5 billion people living in poverty is 'fantastic news' - General

[media]http://www.youtube.com/watch?v=AuqemytQ5QA[/media] Her reaction is gold. :v:

Every try to get dealt into a game of Monopoly with your $1500 starting cash and no properties after the game's been going for an hour? Yeah, it doesn't work. It doesn't matter how careful you roll the dice or who you look up to

Poor argument he put up although it almost seemed like he was joking. A better argument is these rich investors, large business owners, etc. bring poor out of poverty (ex: China, India) by their outsourcing of labour.

Holy shit. [editline]21st January 2014[/editline] So by that logic, would it be even better if 1 person had 99% of the wealth?

It's like he's deluded himself into thinking everyone started on a level playing field. I'd feel sorry for him if he didn't own like seven cars or whatever.

[QUOTE=SamPerson123;43625906]Holy shit. [editline]21st January 2014[/editline] So by that logic, would it be even better if 1 person had 99% of the wealth?[/QUOTE] It would be global "king of the hill" at that point.

Only rich people argue like this.

no

"if i work really hard one day, i will become filthy rich." hahahahahaha \ahah ha a a IRONY

When he read "it's fantastic", I assumed there was a fuckup with the teleprompter and he was about to go white-faced and correct himself. But jesus, that's something entirely different.

Even my parents who are super republican conservatives believe the wealth distribution is crazy messed up right now, so people who think like this are just crazy

No you guys, there is nothing wrong with concentrating wealth in few individuals. That doesn't do anything negative to their personal philosophies at all! These people are better for it, and we should aspire to greatness like them!

This man is a complete dumbass and a greedy pig. Whose face is very punchable. Being 'properly' rewarded for hard work is a myth. Most of it is luck, connections, and smarts, and you can argue that the last two are heavily based on luck as well. But both this myth and the myth of "trickle down" are part of what's keeping the wealth distribution so fucked up. I have an idea: cap how much wealth you can earn as a business owner to a specific multiple of your average / lowest worker's pay. You can still make more money (so you can't pull up that 'incentive' argument), but you're forced to share your gains with your workers as well. No one can argue that that isn't fair. Unless if they're this asshole.

He showed up at my school and invested into one of the students business projects for some competition. Pretty interesting guy, especially as a character on Dragons Den. Its almost like he's a male Ayn Rand without an underwater city, assuming that all incredibly rich people earned their money and that the poor are just being lazy or are just weaker people.

[QUOTE]Immediately after college, O'Leary and two friends launched Special Event Television (SET), a television production company that met limited success . . . O'Leary then moved on to his second business venture, a software company in the basement of a small Toronto home along with partners John Freeman and Gary Babcock. His mother provided the seed investment capital of $10,000 . . .[/QUOTE] The hypocrisy. [editline]21st January 2014[/editline] It's always some lunatic guy with daddy issues who made his first million on a generous startup

Yes, I too feel that shaving costs as much as possible by outsourcing to other countries and using low minimum wages will be a good motivator for people to get to where the rich are. :rolleyes:

This is taking "positive thinking" to a whole new level.

[img]http://puu.sh/6tQnJ.jpg[/img] [b]is this nigga fo real[/b]

This guy can't be real.

[IMG]http://i.imgur.com/0gZvHBP.png[/IMG] [I]The poor do not have bread? That's fantastic![/I]

Well all those african farmers could be just as rich as him if they stopped being so lazy and got real jobs. Its easy when you think about it.

Getting rich is more luck then skill, there have been a few companies who were build on skills(things like Microsoft) in a developing industry but it takes luck and money to start in the first place unless you get VERY VERY lucky. Working very hard alone won't make you rich at all, just ask the people in Dubai who work their shit out against bad wages or child labourers.

The easy rebuttal to his argument is that under capitalism, no matter how hard you work you're paid a shitty wage that's not equivalent to your actual productivity. Therefore, working harder makes no difference. The only way to get wealthy is to be a capitalist and exploit other people's labor and work. By this view, it is the capitalist who isn't working because he earns his wealth by alienating others' from the fruit of their work.

[QUOTE=Last or First;43627080] I have an idea: cap how much wealth you can earn as a business owner to a specific multiple of your average / lowest worker's pay. You can still make more money (so you can't pull up that 'incentive' argument), but you're forced to share your gains with your workers as well. No one can argue that that isn't fair. Unless if they're this asshole.[/QUOTE] has anyone actually done this yet because that would truly be fantastic

[QUOTE=MajorWX;43629893][IMG]http://i.imgur.com/0gZvHBP.png[/IMG] [I]The poor do not have bread? That's fantastic![/I][/QUOTE] [img_thumb]http://static2.wikia.nocookie.net/__cb20100702150415/simpsons/images/6/6a/Mr_Burns_evil.gif[/img_thumb]

Kudos to Amanda for taking a realistic objectified view to his statement.

Blood boiling material right here folks. And also one good explanation why the rich get richer : nobody can touch them.

I like how he just randomly throws in "I celebrate Capitalism!"

Does nobody even question these reports? For 85 PEOPLE to be equal to that much wealth, they would all have to be trillionaires. Not one single person on earth is a trillionaire. Only governments have that much wealth.

[QUOTE=>VLN<;43636681]Does nobody even question these reports? For 85 PEOPLE to be equal to that much wealth, they would all have to be trillionaires. Not one single person on earth is a trillionaire. Only governments have that much wealth.[/QUOTE] [url]http://www.oxfam.org/sites/www.oxfam.org/files/bp-working-for-few-political-capture-economic-inequality-200114-en.pdf[/url]