this post was submitted on 08 Dec 2024
526 points (99.8% liked)

World News

32496 readers
788 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Tyfud@lemmy.world 11 points 1 week ago* (last edited 1 week ago)

That's not how it works. They use it as Capital to influence politics and things like that, which buys them more influence, which they use to reduce workers pay, rights, and benefits even further, which they absolutely use to acquire more wealth.

Every billion they gain comes at the cost to worker rights.