Rockefeller’s charitable giving began with his first job as a clerk at age 16, when he gave six percent of his earnings to charity, as recorded in his personal ledger. By the time he was twenty, his charity exceeded ten percent of his income.
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Elon Musk and the Musk Foundation have disbursed over $1.1 billion since 2010. However, the vast majority of his recent philanthropy—including a record $474 million in 2024—primarily funded his own personal entities, specifically schools and donor-advised funds closely linked to his business and personal interests
Your average citizen pays more than 10% of their food budget in taxes. This nazi’s wealth is bigger than the yearly production of most countries. 10% is nothing.
I’m not saying Rockefeller is the benchmark, but being a historically rich man (600bn in today’s money) he is a benchmark. One which Musk is not meeting.
Sure. But that doesn’t mean you can’t compare musk to Rockefeller or use him as a benchmark.
Using someone as a known benchmark doesn’t mean they were good or bad, just that they’re an established quantity. Rockefeller was wealthy beyond normal levels of wealth. It makes sense to use him as a comparison.
Totally agree. But that’s the corporate sponsored capitalism that the US has voted for.
Karl Marx predicted that free-market competition would inevitably result in monopolies and the concentration of massive productive forces under a single capitalist.
Let’s compare two of the richest men in history
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Rockefeller recorded it in his own personal ledger?
I’m sure it was all on the up and up. Just like I paid taxes on all of my tips when I was getting paid cash for waiting tables.
(A joke, I realize Rockefeller did contribute quite a bit to the common good, at least once he was mind bendingly wealthy.)
what is your point? should elon musk just donate 10% of his wealth and all is well?
99% of his wealth should be taxed
We’re would the money come from to do this?
His taxes
No, i mean where does he get the money to pay the taxes.
He had to liquidate his stocks
So our 401ks are paying the tax, and in return we get 350p/e speculative stocks that don’t turn a profit?
No the fucking system resets its all fake anyway. Fuck elon and these scammers
He needs to be put to death.
10% is the VAT of food in my country.
Your average citizen pays more than 10% of their food budget in taxes. This nazi’s wealth is bigger than the yearly production of most countries. 10% is nothing.
EDIT: he’s a nazi, not a dude.
I’m not saying Rockefeller is the benchmark, but being a historically rich man (600bn in today’s money) he is a benchmark. One which Musk is not meeting.
a benchmark in what way? you should just not be able to be that rich. he isn’t a benchmark, he didn’t work for his own money.
I’ve just compared Musk to Rockefeller. He’s a benchmark whether you like it or not.
That’s a problem for society. Nothing to do with benchmarking.
No capitalist does. Even people earning interest on their 401k.
This much wealth concentrated into one person is very wrong. Wealth leads to power and no one person should have that much power.
Sure. But that doesn’t mean you can’t compare musk to Rockefeller or use him as a benchmark.
Using someone as a known benchmark doesn’t mean they were good or bad, just that they’re an established quantity. Rockefeller was wealthy beyond normal levels of wealth. It makes sense to use him as a comparison.
Yeah totally. I was referring to the wealth in general which applies to both of them.
Totally agree. But that’s the corporate sponsored capitalism that the US has voted for.
Karl Marx predicted that free-market competition would inevitably result in monopolies and the concentration of massive productive forces under a single capitalist.
Maybe not perfectly well, but it would be better
it would technically be better, but still not achieve or solve anything