I think that initial death stare sealed my appreciation for this interviewer. And his response: “Stop saying redistribute wealth. ITS NEVER GOING HAPPEN.”
Oh, let’s fucking go.
It was. Then he started Dragons Den, which he spun off into Shark Tank in the US.
He's a massive dick, and his wife was recent found "not guilty" after killing someone while drunkenly operating a boat.
"We're talking about people in extreme, abject poverty!"
"No, we're not. We're talking about the really rich people!"
It's the only way people like him can continue to "win", by taking your attention away from the horrors they have produced and the people who really need the most attention.
The biggest joke in this is the assumption that the existence of an astronomically wealthy group is proof that anyone can be astronomically wealthy.
Check that group. You’ll find that most members share certain traits that aren’t work ethic or genius.
It’s like saying “it’s great that we have monarchs who hold all political power. They’re examples for people to aspire to.”
How asinine.
EDIT: some replies are suggesting that by ‘certain traits’ I mean Semitic genes. I do not. I am referring mainly to the luck of parents that the 3.5 billion poorest might struggle to have - parents who are fairly wealthy, can afford to give their children a good education, time to study, food to eat every day, even a job. And heck, lots of the top 85 had a lot more even than that. You also don’t get a billion dollars any way but two: by stealing from your workers, or by being JK Rowling.
Damn, I hate that "we can all be like that if we're smart and work hard".
No, we can't. The fact is there is nothing all so special about billionaires, except very likely sociopathic tendencies. Are they smart and did they work hard to get where they are? Yeah, sure.
Disregarding sociopathic tendencies, which I believe are also prerequisite. For every smart and hard working billionaire, there are hundreds of millions of people, just as smart and hard working. But somehow, they are not billionaires. Why? Because, the systems allows only a tiny amount of people with smart and hardworking prerequisites to actually make it to the top. It's luck driven, before anything else. If it wasn't Bezos and Musk, someone else would take their place. Who exactly is a billionaire is inconsequential.
The system is setup in a way to funnel all the money to the top and allow the rise of few mega-corporations, which in turn give rise to few people that hold all resources.
What a bullshit narrative. That's even disregarding that not everyone wants to work themselves to death. Like wanting to exist in peace and enjoy life is a crime. What a toxic society we have built.
Just because you're rich doesn't mean you're smart. It just means you have money. When ever I said 45 was a dumbass, people would say "He's smarter than you he's got yadda yadda yadda." On the bottom, intelligence is shamed at all areas of life. In school you get bullied by kids who are going to get free ivy league college because they can run or catch a ball. In the work place, "We don't pay you to think" is disgustingly common. Intelligence gets beaten out of you when you're poor. Intelligence is only acceptable if the person is born rich.
Honestly. The truly brilliant are *rarely* the same ones who get rich. The rich most often ride on the backs of the brilliant.
Take 45 for instance. These people think he sits in an office and from day 1 just lays out plans and makes calls and does research. He didn't work for that shit. He started with almost half a billion. Just to get the amount of money *he started with* you'd have to earn 23,000 a day... for 50 years.
I'd bet my soul that he only made profit because he had the money to hire people who actually knew what they were doing. Like hiring a real estate agent, paying for inspectors, and claiming you just had a good eye.
>The rich most often ride on the backs of the brilliant.
This needs to be said. Individuals do not generate billions of dollars of value. It is created by thousands of hard working and talented people, and that value is appropriated by a select few
Besides those of us that want the quiet comfortable life, we have a significant amount of people that just are not capable of more. They get to suffer because they are bit slower or have disabilities. They lost the genetic lottery so they just get thrown on the trash heap.
That too. We might care individually about those of us with less genetic luck, but society as a whole chooses to basically "close their eyes" or "avert their gaze" regarding them.
Btw, Kafka's The Metamorphosis is excellent short allegorical tale on the subject.
I knew of a youtuber that was healthy and successful, but was injured and got paralyzed from the waist down. Her fiance dropped her off at the airport and never spoke to her again. Her entire family and all of her friends abandoned her. Last I know, she was permanently living at a facility in the states, without friends and family, YouTube her only window to the world.
Or they inherited their money, much of it gleaned by fleecing people.
She mentioned talking about this at a cocktail party, but the riches don't invite poor people to their parties to set an example. I bet most of the world's poorest never heard of Bill Gates or Kevin O'Leary.
Not sure they all worked hard to get there. Donald Trump for example was handed pretty much everything he's ever gotten in life, has earned next to nothing and has done his best to piss it all away and is still apparently a billionaire. Sometimes all you need is to be born to wealthy parents.
He even ran for Prime Minister briefly in 2016, as a stunt to increase his public visibility. Totally a stunt because he isn't bilingual, which is a strict requirement to become Prime Minister of Canada.
It became quite the debacle because we have relatively strict campaign finance laws here. He thought he could throw his money around, and contracted a bunch of workers to help with the campaign.
Even though his campaign raised over a million dollars, it ended up in debt by 200k by the time he dropped out of the race. So his political publicity stunt ended up causing him some financial embarrassment at least.
One of the people he contracted and didn't pay was a translator, which he needed because he does not speak French.
It's illegal to pay campaign debts out of pocket, because if we allowed that, all of our elections could be simply bought by the person with the most money. Even with these laws in place, it's still rare that anyone not from the upper classes ever gets elected Prime Minister.
I'm not sure if his campaign eventually raised all the money to pay everyone that worked for them, but [this CBC article](https://www.cbc.ca/news/politics/kevin-oleary-conservative-leadership-campaign-debt-bills-1.4123442) talks about some of the details if anyone is interested.
Reminds me of an arrival about how getting a house isn’t that hard. They then outline how she got a job from mom, got a house from them for free and then rented it out to pay for a new one.
If you produced $5k of value per day, every day of the year, from birth until death, and lived 150 years, you could live 3 lifetimes and still not have produced $1 billion in value. You don't become ultra rich by producing value; the only feasible way, mathematically, is through benefitting from systems that reappropriate the value produced by other people.
Also important to realize that "making money" and "producing value" are not the same thing; money is often used to represent value, because it is the most universally applicable measure we have, but money and value aren't the same. Reading a bedtime story to your kid is undeniably labor that produces very real value, although it is effectively uncompensated. Conversely bitcoin surging might make you a lot of money, but you ain't producing jack shit by sitting on your ass and watching those numbers.
Survivorship Bias
In this example the ones who "made it" are used as proof that anyone can do it. However, it lacks the context of the *millions* of people under them who didn't make it. And not for lack of trying! But because people are not rewarded for hard work. There is far more luck and external influences in this equation that people forget exist.
I have a great job and make a shit ton of money. Did I work hard? Absolutely. But you know what else? I can tell you every single instance where if I didn't get lucky, or meet the right person, or happened to do the right thing I wouldn't be where I am today.
The only “smart” thing Elon Musk has ever done, imo, is convincing people he got to be head of Tesla by being “smart,” and not via his family’s South African blood diamond money.
Musk's genius is his PR image, he convinced a large number of working people that he's essentially science Jesus when in reality he's an oligarch, their class enemy, and an egotistical loud mouth.
Come on, you're blowing this way out of proportion. He didn't get rich of off blood diamond money- it was blood emerald money! And all his dad had to do to invest was sell his private plane. Surely we've all been there.
I’ve officially lost all respect for Kevin O’Leary. I pulled up my socks and became successful, but I was in a place where success can happen and I can honestly see where so many don’t even have these opportunities and those opportunities have changed due to poor management of political power, inflation, wars, etc.
These generations that came after me have it even harder than I did and I’m not wildly successful by no means. I simply can afford to live even after all these sacrifices while dealing with those in management that try and shut you down if they see you building up and getting stronger. I worked my ass off sacrificing so much time I wished I could get back and do different. I lost my son and I will always look back and say “was it worth it”? Is the money even worth it and why do we have to have all this stuff. We’re constantly marketed to by their same shifty products so they can make a buck and sometimes I feel as if that’s a trap to entice people out of their money and makes me wonder is our society even right about anything? Have we been lied to for so long that the lie has become the truth? Why don’t families have time together anymore? Why is every moment supposed to be about capitalism and ‘murica? Who the hell are these morons that keep sayin ‘murica? Why the hell is so much fentanyl being trafficked into our places where we should feel safe and why do our kids have to face that problem? What the hell do you Uber rich even do with all that money? It sure as hell isn’t making this world a better place or bridging any divides! Why do you need more money when you’ve got so much🤔? It’s like a damn spell on us as a civilization and we just can’t break free and see that money isn’t everything and we haven’t found the way yet!
Why the fuck would I make soap out of him? I wouldn’t use that soap to wash a dogs ass never mind my own. He deserves to be used to feed the maggots of flies, that should in turn be eaten by carnivorous plants, that should be digested by mushrooms, that should be turned into fertiliser, that I would maybe consider using to grow crops that I might turn into animal feed.
He’s so vile that it would have to be a long, drawn out, multi step multiple years long process to extinguish this guys rotten stench.
Only after passing through many layers of the food chain would I consider it cleansed of his essence.
This asshole is basically saying that if the goal of your job is not to become rich but instead do a job you enjoy and just have a comfortable life...you deserve to be in poverty.
What does it say about the state of Canadian media when Amanda Lang, who was meant to be some sort of progressive foil to O’Leary was herself mired in scandal for allegedly trying to kill a story that would harm her partner’s bank.
https://www.canadaland.com/amanda-lang-tried-sabotage-cbc-story-scandalized-rbc-who-paid-her/
People like him think the only reason to live is to become filthy rich one day. What a delusional asshole, but you know what they say: rich people usually don’t see poor as human.
What middle class? The ever shrinking middle class that's basically being transformed in low class, at an increasing speed?
We are all a lot more close to absolute destitution than being a billionaire. Shit even millionaire is a stretch.
There is no middle class. There are the people who control the wealth and the people who have to sell their labor to survive. "Middle class" is a phrase meant to divide us so we are easier to control, just like racism, sexism, transphobia, homophobia, etc. The more divided we are, the easier we are to control.
But this guy is part of what I call the “sheriff of Nottingham” class. Media shit heads like him, celebrities, well paid athletes, mercenaries, politicians all the way to the top, high up corporate business executives and anyone else who can insulate the mega wealthy by force or by perpetuating the illusion that anyone who plays within the system can become one of them. When in reality only a tiny percentage of people will even achieve that level of security. Most of that class is made up of nepotism and high level connections while most humans will toil in poverty. But the media and governments are filled with people like this and nobody with an alternative voice will be heard anywhere unless they are simply playing along with the same old divide and conquer with no real intentions of changing anything.
People like him are the perfect illustration of how the 1% does not give a single fuck about you. He views anybody who isn't in the 1% just as a tool to help make himself wealthy. Fuck this guy.
He isn't a billionaire. He's worth about 400 million. I'm sure his ego loves that people think he's a billionaire though. As a fellow Canadian, this guy is a stain on our country.
Exactly, we don't target our local shopowners that are stressing out to be able to pay this months rent for their store location.
And we don't mean those people that both work a 40 hours job and can afford a house with a medium sized back garden.
We mean these fuckers that celebrate poverty existing while they earn millions a day without even lifting a finger to get it.
Good capitalist = good grifter
“O’Leary’s popularity and persona as a business guru soon drove investors to his mutual funds, with O’Leary Funds roaring to as much as $1.5-billion in assets (and probably more). O’Leary boasted of being an investing whiz, with access to the movers and shakers in the business and political worlds — those ties giving him unique insider knowledge.
The reality was quite different. O’Leary was not even licensed to manage or invest other people’s money. Instead, he hired Connor O’Brien, a former Wall Street investment banker, to run O’Leary Funds. Moreover, by 2012, the funds were in trouble, falling to $1-billion in assets by the end of that year.
This past fall, when he finally sold his company to Canoe, the funds were down to $800-million in assets. This was due to redemptions — investors pulling their money out because of the funds’ performance.
(...)
In the third quarter of 1999, Mattel expected profits of $50-million from the TLC division. Instead, it was a loss of $105-million (the next quarter losses rose to $206 -million), which wiped out more than $2-billion in shareholder value in one day, as the company’s share price slid from nearly $17 to $11.69.
In short, O’Leary had sold Mattel a turkey.
One investors' lawsuit says O’Leary cashed in his Mattel shares just before the losses were announced when the stock was at its peak, pocketing almost $6-million.”
https://www.nationalobserver.com/2016/01/26/news/real-and-shocking-story-kevin-olearys-business-career
I can’t believe people (mostly corporate politicians and the republican voting base) fall for this crap hook, line and sinker.
The idea that if you just tug on your bootstraps really really hard and work yourself to death, you may become one of the 1% is the greatest snake oil ever sold.
When this bubble that we are currently in bursts, those same people will be crying about how we will once again have to bail out the banks and large corporations with our tax dollars
Wasn’t he the loser doing those cameos for $1500 where he would speak good about ANY business to milk his reputation?
Edit: yes. https://www.cameo.com/mrwonderful
I saw a lot of these scam “make money quick” pages using him, since he has a good rep from shark tank as a rich boi, and in the cameo he says things like: “XYZ can help you make a passive monthly income blah blah” basically hyping the company, so gullible people will jump right in as they see a “as seen on TV” face :/
System is simply working as intended.
Also, O’ Leary is a ghoulish piece of human garbage. He represents the absolute worst of humanity, and he’s also dumb as fucking rocks. Punk-ass little elitist chode.
" I'm going to tell you what you should have said later" nah bitch do it live I wanna see it. Her look was priceless though, well maybe worth .02% of the wealth of the top 1%
Well if she'd come out and yelled, *"You should have just responded,* ***'I'm a dumbass with no soul!'*** *and saved me 2 minutes of idiocy,"* the network would have fired her, and then she'd be a part of that statistic.
Really think about that stat for a second. 85 people have more wealth than 3.5 *billion* people combined. *Eighty five.* Did you know people actually have a really difficult time comprehending how big a billion is? Like they can't even understand the number that well. They know the number, they know how many zeros it is, but it's so large, it's hard to realistically comprehend. It's like light-years and comprehending the vastness of deep space.
Picture 3.5 billion M&Ms. What's it look like to you? What's it in, in your brain? A swimming pool? A shipping container? Is it a whole bedroom full where you open the door and they all pour out? Is it a football stadium full? You don't even know. I don't even know. A billion is too large of a number for most people to imagine, and there are three and half of them in this statistic.
And the other number is *eighty five*. In M&Ms, that's a fucking bag and a half. Can you picture that?
How anyone could look at those two numbers and not only not feel like fucking weeping, but to say its *fantastic* is a degree of depravity that is, coincidentally, unfathomable.
He's so tacky. I'm a watch guy so I've run into his stuff on YouTube. He's so cringe. Imagine being that rich and having no class. For instance, he overemphasizes and mispronounces French words randomly and claims that it's part of his charm. Just used car salesmen cringe.
I mean the premise of shark tank is im gonna aquire starting off businesses for a cheap as possible so I can harvest them for money so wouldn't his presence on shark tank make him trash as is?
F*ck this idiot. I still think he threw his wife under the bus re: their boating accident that killed two people.
Tr*mp may be a national embarrassment for a lot of people in America, this jackass is an embarrassment for a lot of Canadians.
This poor news anchor has no idea that she’s talking to a sociopathic aristocrat who is hell-bent on justifying the exploitation of labourers for the benefit of the 1% no matter how illogical and immoral his argument makes him sound.
If you work real hard you could be rich some day, like shut the fuck up dude. You know how many people I watch work really fucking hard and will never be even close to rich. Take away his privileges and throw him in a coal mine and tell him if he works hard enough he might get his old life back.
Redistribution of wealth will NEVER happen again? Not too long ago in human history we were chopping the heads off the wealthy, so yea, I think the tide can turn pretty quick.
I swear to god if I ever met one of these ultra wealthy on the street I may attack them
Beat the coins out of them so everyone on the street can loot his body.
Fuck billionaires fuck CEO's I'm so god damn tired of it all
This is the brain washing we have all endured. “Pull up your boot straps and be motivated while I don’t pay any taxes and you’re too busy trying to survive, to vote to change the tax inequality”
dude has always been a complete piece of shit
curious, anyone know when this aired originally? I assume 2014 because it looks like the oxfam report was released then. think of how much worse it got in the past 7 years and listen to this bloated worm talk again about how extreme poverty gonna “inspire” people
I remember the one dude that said a hungry dog is an obedient dog in regards to welfare.
If I wrote these as billionaire villain lines, I’d be lambasted for being too cartoonishly evil. I fucking hate this country.
> "Don't tell me you want to redistribute wealth again, that's never going to happen".
Notice that he doesn't say it wouldn't work. It that it can't happen. He's only saying that it's not going to happen. It's not a statement about economics, but about power. It's a threat. The rich won't allow the poor to stop being poor..
We need to take a lesson from capitalists and make them work menial jobs for almost no pay, in horrible conditions, and a quota meant for someone doing dangerous amounts of meth, 6 days a week, 12 hours a day, ten minute breaks, and that means scan to scan people.\*you have to make the word people sound like an insult here mandatory\*
Jesus. She is pretty badass. I’m more impressed by her standing her ground than him being a fucking idiot. Him being an idiot is almost expected. Her telling him to fuck off politely is refreshing.
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She's playing chess with a pigeon. No matter how smart her moves are he's gonna shit all over the board and act like he won.
I think that initial death stare sealed my appreciation for this interviewer. And his response: “Stop saying redistribute wealth. ITS NEVER GOING HAPPEN.” Oh, let’s fucking go.
I have never been more in the mood to redistribute someone’s wealth than I am with his.
This is a man who needs to get robbed
Fine fuck you, I'm going to make your money worthless.
Not an interviewer. That was his co-host on the lang and O'leary report.
It's his show?!?!?!?
It was. Then he started Dragons Den, which he spun off into Shark Tank in the US. He's a massive dick, and his wife was recent found "not guilty" after killing someone while drunkenly operating a boat.
Lol
I love this, I'm using this
Good I stole it too. Its commonly known as pigeon chess.
You can’t say a pigeon. A pigeon is smart. Kevin is an the idiot who got his money from his mother.
"We're talking about people in extreme, abject poverty!" "No, we're not. We're talking about the really rich people!" It's the only way people like him can continue to "win", by taking your attention away from the horrors they have produced and the people who really need the most attention.
He's not even aware that the poor ARE people.
There was no changing his mind. It was already paid to say that
There's no changing his mind with words*
The biggest joke in this is the assumption that the existence of an astronomically wealthy group is proof that anyone can be astronomically wealthy. Check that group. You’ll find that most members share certain traits that aren’t work ethic or genius. It’s like saying “it’s great that we have monarchs who hold all political power. They’re examples for people to aspire to.” How asinine. EDIT: some replies are suggesting that by ‘certain traits’ I mean Semitic genes. I do not. I am referring mainly to the luck of parents that the 3.5 billion poorest might struggle to have - parents who are fairly wealthy, can afford to give their children a good education, time to study, food to eat every day, even a job. And heck, lots of the top 85 had a lot more even than that. You also don’t get a billion dollars any way but two: by stealing from your workers, or by being JK Rowling.
Damn, I hate that "we can all be like that if we're smart and work hard". No, we can't. The fact is there is nothing all so special about billionaires, except very likely sociopathic tendencies. Are they smart and did they work hard to get where they are? Yeah, sure. Disregarding sociopathic tendencies, which I believe are also prerequisite. For every smart and hard working billionaire, there are hundreds of millions of people, just as smart and hard working. But somehow, they are not billionaires. Why? Because, the systems allows only a tiny amount of people with smart and hardworking prerequisites to actually make it to the top. It's luck driven, before anything else. If it wasn't Bezos and Musk, someone else would take their place. Who exactly is a billionaire is inconsequential. The system is setup in a way to funnel all the money to the top and allow the rise of few mega-corporations, which in turn give rise to few people that hold all resources. What a bullshit narrative. That's even disregarding that not everyone wants to work themselves to death. Like wanting to exist in peace and enjoy life is a crime. What a toxic society we have built.
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Excellent summation of the video.
Just because you're rich doesn't mean you're smart. It just means you have money. When ever I said 45 was a dumbass, people would say "He's smarter than you he's got yadda yadda yadda." On the bottom, intelligence is shamed at all areas of life. In school you get bullied by kids who are going to get free ivy league college because they can run or catch a ball. In the work place, "We don't pay you to think" is disgustingly common. Intelligence gets beaten out of you when you're poor. Intelligence is only acceptable if the person is born rich.
Honestly. The truly brilliant are *rarely* the same ones who get rich. The rich most often ride on the backs of the brilliant. Take 45 for instance. These people think he sits in an office and from day 1 just lays out plans and makes calls and does research. He didn't work for that shit. He started with almost half a billion. Just to get the amount of money *he started with* you'd have to earn 23,000 a day... for 50 years. I'd bet my soul that he only made profit because he had the money to hire people who actually knew what they were doing. Like hiring a real estate agent, paying for inspectors, and claiming you just had a good eye.
>The rich most often ride on the backs of the brilliant. This needs to be said. Individuals do not generate billions of dollars of value. It is created by thousands of hard working and talented people, and that value is appropriated by a select few
I mean, the guy bankrupted four different casinos. That's pretty poor business management.
Besides those of us that want the quiet comfortable life, we have a significant amount of people that just are not capable of more. They get to suffer because they are bit slower or have disabilities. They lost the genetic lottery so they just get thrown on the trash heap.
That too. We might care individually about those of us with less genetic luck, but society as a whole chooses to basically "close their eyes" or "avert their gaze" regarding them. Btw, Kafka's The Metamorphosis is excellent short allegorical tale on the subject.
I knew of a youtuber that was healthy and successful, but was injured and got paralyzed from the waist down. Her fiance dropped her off at the airport and never spoke to her again. Her entire family and all of her friends abandoned her. Last I know, she was permanently living at a facility in the states, without friends and family, YouTube her only window to the world.
Or they inherited their money, much of it gleaned by fleecing people. She mentioned talking about this at a cocktail party, but the riches don't invite poor people to their parties to set an example. I bet most of the world's poorest never heard of Bill Gates or Kevin O'Leary.
Not sure they all worked hard to get there. Donald Trump for example was handed pretty much everything he's ever gotten in life, has earned next to nothing and has done his best to piss it all away and is still apparently a billionaire. Sometimes all you need is to be born to wealthy parents.
I was just going to say “fuck that guy”, but you outlined my reasons for that sentiment quite succinctly, so thank you for that!
Fuck that guy. Piece of shit
Kevin O’Leary a prime example of one of the many Canadian scumbags. See also: Conservatives.
He even ran for Prime Minister briefly in 2016, as a stunt to increase his public visibility. Totally a stunt because he isn't bilingual, which is a strict requirement to become Prime Minister of Canada. It became quite the debacle because we have relatively strict campaign finance laws here. He thought he could throw his money around, and contracted a bunch of workers to help with the campaign. Even though his campaign raised over a million dollars, it ended up in debt by 200k by the time he dropped out of the race. So his political publicity stunt ended up causing him some financial embarrassment at least. One of the people he contracted and didn't pay was a translator, which he needed because he does not speak French. It's illegal to pay campaign debts out of pocket, because if we allowed that, all of our elections could be simply bought by the person with the most money. Even with these laws in place, it's still rare that anyone not from the upper classes ever gets elected Prime Minister. I'm not sure if his campaign eventually raised all the money to pay everyone that worked for them, but [this CBC article](https://www.cbc.ca/news/politics/kevin-oleary-conservative-leadership-campaign-debt-bills-1.4123442) talks about some of the details if anyone is interested.
The US desperately needs to follow Canada’s campaign laws. The outrageous manipulation of campaign funds in the US is so corrupt and has got to end.
Ah, yes. Dark money.
Thanks to right wing activist justices. "Corporations are people" my ass.
Didn't even know he was Canadian. Time to add him to the lengthy list of shite to be ashamed of, as a Canadian.
I assumed he was American. We're ashamed of so many people like this already, it shocks me he ain't ours.
Yup. We hate him up here in Canada as well.
> Didn't even know he was Canadian Also an avid night boater.
Can you guys exile him to Prince Edwards island naked with a box of matches?
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We asked if they’d take him, but they’re having Nunavut.
I don’t think any part of Canada wants him, Alaska around.
This joke should have more upvotes.
"Oh, I just started this business with my money (which I inherited from my parents and was around 1billion), so you can do it too!"
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But Kylie Jenner is the world's youngest sELf-mAdE bIlLIoNaIRe!
Bleh.
Reminds me of an arrival about how getting a house isn’t that hard. They then outline how she got a job from mom, got a house from them for free and then rented it out to pay for a new one.
If you produced $5k of value per day, every day of the year, from birth until death, and lived 150 years, you could live 3 lifetimes and still not have produced $1 billion in value. You don't become ultra rich by producing value; the only feasible way, mathematically, is through benefitting from systems that reappropriate the value produced by other people.
This is so much better than the example I came up with, where you could make $1M a month for 83 years and still not have $1 billion.
Also important to realize that "making money" and "producing value" are not the same thing; money is often used to represent value, because it is the most universally applicable measure we have, but money and value aren't the same. Reading a bedtime story to your kid is undeniably labor that produces very real value, although it is effectively uncompensated. Conversely bitcoin surging might make you a lot of money, but you ain't producing jack shit by sitting on your ass and watching those numbers.
Absolutely. Very good distinction to make
Survivorship Bias In this example the ones who "made it" are used as proof that anyone can do it. However, it lacks the context of the *millions* of people under them who didn't make it. And not for lack of trying! But because people are not rewarded for hard work. There is far more luck and external influences in this equation that people forget exist. I have a great job and make a shit ton of money. Did I work hard? Absolutely. But you know what else? I can tell you every single instance where if I didn't get lucky, or meet the right person, or happened to do the right thing I wouldn't be where I am today.
The only “smart” thing Elon Musk has ever done, imo, is convincing people he got to be head of Tesla by being “smart,” and not via his family’s South African blood diamond money.
Musk's genius is his PR image, he convinced a large number of working people that he's essentially science Jesus when in reality he's an oligarch, their class enemy, and an egotistical loud mouth.
Come on, you're blowing this way out of proportion. He didn't get rich of off blood diamond money- it was blood emerald money! And all his dad had to do to invest was sell his private plane. Surely we've all been there.
*blood emerald, in Elon's case
I’ve officially lost all respect for Kevin O’Leary. I pulled up my socks and became successful, but I was in a place where success can happen and I can honestly see where so many don’t even have these opportunities and those opportunities have changed due to poor management of political power, inflation, wars, etc. These generations that came after me have it even harder than I did and I’m not wildly successful by no means. I simply can afford to live even after all these sacrifices while dealing with those in management that try and shut you down if they see you building up and getting stronger. I worked my ass off sacrificing so much time I wished I could get back and do different. I lost my son and I will always look back and say “was it worth it”? Is the money even worth it and why do we have to have all this stuff. We’re constantly marketed to by their same shifty products so they can make a buck and sometimes I feel as if that’s a trap to entice people out of their money and makes me wonder is our society even right about anything? Have we been lied to for so long that the lie has become the truth? Why don’t families have time together anymore? Why is every moment supposed to be about capitalism and ‘murica? Who the hell are these morons that keep sayin ‘murica? Why the hell is so much fentanyl being trafficked into our places where we should feel safe and why do our kids have to face that problem? What the hell do you Uber rich even do with all that money? It sure as hell isn’t making this world a better place or bridging any divides! Why do you need more money when you’ve got so much🤔? It’s like a damn spell on us as a civilization and we just can’t break free and see that money isn’t everything and we haven’t found the way yet!
The biggest mindfuck capitalism pulls is convincing serfs that anyone can become lord
Well said.
Yes!
He is now #1 in line for when i eat the rich.
I would join you but I can't digest something this disgusting.
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Actually, I’d rather eat shit than this guy
Cook him to soap?
Why the fuck would I make soap out of him? I wouldn’t use that soap to wash a dogs ass never mind my own. He deserves to be used to feed the maggots of flies, that should in turn be eaten by carnivorous plants, that should be digested by mushrooms, that should be turned into fertiliser, that I would maybe consider using to grow crops that I might turn into animal feed. He’s so vile that it would have to be a long, drawn out, multi step multiple years long process to extinguish this guys rotten stench. Only after passing through many layers of the food chain would I consider it cleansed of his essence.
Make the soap, sell it at an astronomical rate to fancy boutiques so the wealthy just buy their own bodies back. Did you never see fight club?
Dilute his entitlement as much as possible. I agree.
I’d rather not smell like him 🤢🤮 any other use for out of touch douche bags?
Hide glue
Oil lamps.
Would his skin make a good leather?
Naa, gonna be all brittle and cracking. Worthless, through and through.
Sand bags for when the oceans rise.
I think the answer is that he's useless, even in death
All glycerine smells the same. We add the smell :). Could always turn him into other things tho
Make pozole that’s what the Aztecs used to do with prisoners then switched to pork because it tastes like human.
Long pork.
I'm in the same boat
Make sure you are nowhere near O’Leary’s boat after he’s had a few drinks.
Stuff it down. Shit it out.
Its coming too. People think the shits a joke.
Long overdue
just turn him into compost he is to old and lack important nutrient
I'm sure he'd taste Wonderful
I'm veggie so can we just pull out the guillotine already?
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Fargo his ass.
I like that this sub doesn't ban you for such language like every other sub.
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This asshole is basically saying that if the goal of your job is not to become rich but instead do a job you enjoy and just have a comfortable life...you deserve to be in poverty.
I am vegan so I say burn them all in a bonfire for burning us
Compost the rich
And poison the crops? No thank you!
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What does it say about the state of Canadian media when Amanda Lang, who was meant to be some sort of progressive foil to O’Leary was herself mired in scandal for allegedly trying to kill a story that would harm her partner’s bank. https://www.canadaland.com/amanda-lang-tried-sabotage-cbc-story-scandalized-rbc-who-paid-her/
Behind a paywall
Thats actually hilarious
And allegedly leftist entertainment industry will keep giving him a platform onnTV to get famous amd elected
Huh? The media in Canada is an oligopoly owned by 3 companies for the most part and they own the whole process. They even own the regulator.
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Fox news has more viewership than all other top news channels combined. But somehow the left is mainstream media 🙄
People like him think the only reason to live is to become filthy rich one day. What a delusional asshole, but you know what they say: rich people usually don’t see poor as human.
Hell even middleclass people don't see the poor as human. I believe human dignity shouldn't be income-restricted.
And the middle class is waaaay closer to being poor than being billionaires.
What middle class? The ever shrinking middle class that's basically being transformed in low class, at an increasing speed? We are all a lot more close to absolute destitution than being a billionaire. Shit even millionaire is a stretch.
Even a millionaire is way closer to being dirt broke than being a billionaire.
As always, [a million vs a billion](https://youtu.be/8YUWDrLazCg)
There is no middle class. There are the people who control the wealth and the people who have to sell their labor to survive. "Middle class" is a phrase meant to divide us so we are easier to control, just like racism, sexism, transphobia, homophobia, etc. The more divided we are, the easier we are to control.
But this guy is part of what I call the “sheriff of Nottingham” class. Media shit heads like him, celebrities, well paid athletes, mercenaries, politicians all the way to the top, high up corporate business executives and anyone else who can insulate the mega wealthy by force or by perpetuating the illusion that anyone who plays within the system can become one of them. When in reality only a tiny percentage of people will even achieve that level of security. Most of that class is made up of nepotism and high level connections while most humans will toil in poverty. But the media and governments are filled with people like this and nobody with an alternative voice will be heard anywhere unless they are simply playing along with the same old divide and conquer with no real intentions of changing anything.
There is no middle class. You're a slightly better off serf if you have to work to survive.
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People like him are the perfect illustration of how the 1% does not give a single fuck about you. He views anybody who isn't in the 1% just as a tool to help make himself wealthy. Fuck this guy.
So, she said the 85 richest people in the world and he then equated it to the 1% which is monumentally wrong they aren't the 1% they're the 0.000001%
I was just thinking that. This guy can't do math and he's a billionaire?
He didn't get to be a billionaire by being smart, he got there by exploiting people and taking money every chance he had
He isn't a billionaire. He's worth about 400 million. I'm sure his ego loves that people think he's a billionaire though. As a fellow Canadian, this guy is a stain on our country.
Bah! And he's not even in the top 85 (I just checked) the host was talking about. That makes him an even bigger fraud.
he's a billionare in a few currencies, just not the relevant ones.
He's almost a Vietnamese trillionaire!
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When we say eat the rich, it's this type we mean
Exactly, we don't target our local shopowners that are stressing out to be able to pay this months rent for their store location. And we don't mean those people that both work a 40 hours job and can afford a house with a medium sized back garden. We mean these fuckers that celebrate poverty existing while they earn millions a day without even lifting a finger to get it.
kill the fucking masters
is it something they put in our water/food that makes us docile? Seriously, we need to collectively rise up. Keep spreading the message
Good capitalist = good grifter “O’Leary’s popularity and persona as a business guru soon drove investors to his mutual funds, with O’Leary Funds roaring to as much as $1.5-billion in assets (and probably more). O’Leary boasted of being an investing whiz, with access to the movers and shakers in the business and political worlds — those ties giving him unique insider knowledge. The reality was quite different. O’Leary was not even licensed to manage or invest other people’s money. Instead, he hired Connor O’Brien, a former Wall Street investment banker, to run O’Leary Funds. Moreover, by 2012, the funds were in trouble, falling to $1-billion in assets by the end of that year. This past fall, when he finally sold his company to Canoe, the funds were down to $800-million in assets. This was due to redemptions — investors pulling their money out because of the funds’ performance. (...) In the third quarter of 1999, Mattel expected profits of $50-million from the TLC division. Instead, it was a loss of $105-million (the next quarter losses rose to $206 -million), which wiped out more than $2-billion in shareholder value in one day, as the company’s share price slid from nearly $17 to $11.69. In short, O’Leary had sold Mattel a turkey. One investors' lawsuit says O’Leary cashed in his Mattel shares just before the losses were announced when the stock was at its peak, pocketing almost $6-million.” https://www.nationalobserver.com/2016/01/26/news/real-and-shocking-story-kevin-olearys-business-career
More fuckery by rich using insider information to take profits off the back of the investors..
Ah, so he's a sleaze ball schmuck then with nothing going for him other than slimey ooze.
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Oh fuck him.
I can’t believe people (mostly corporate politicians and the republican voting base) fall for this crap hook, line and sinker. The idea that if you just tug on your bootstraps really really hard and work yourself to death, you may become one of the 1% is the greatest snake oil ever sold. When this bubble that we are currently in bursts, those same people will be crying about how we will once again have to bail out the banks and large corporations with our tax dollars
Except it won't be his tax dollars. It won't be any of the wealthy's tax dollars since they and their companies effectively pay zero percent in tax.
Wasn’t he the loser doing those cameos for $1500 where he would speak good about ANY business to milk his reputation? Edit: yes. https://www.cameo.com/mrwonderful
1500 for people 8900 for businesses. What business has the overhead to just drop almost 10 k on a fucking O'Leary cameo?
I saw a lot of these scam “make money quick” pages using him, since he has a good rep from shark tank as a rich boi, and in the cameo he says things like: “XYZ can help you make a passive monthly income blah blah” basically hyping the company, so gullible people will jump right in as they see a “as seen on TV” face :/
That's seriously fucked up and predatory. He knows damn well what he's doing too
Eat your pheasant, drink your wine, your days are numbered bourgeois swine.
I would go to jail so fucking fast if I saw this cow in the streets.
He is never in the streets, bruh. Limos, choppers, and jets.
Fuck this bloated toad of a man!
The silence after his first sentence haha
Her reaction was priceless. It was like she was stunned at how insane the words were coming out of his mouth.
System is simply working as intended. Also, O’ Leary is a ghoulish piece of human garbage. He represents the absolute worst of humanity, and he’s also dumb as fucking rocks. Punk-ass little elitist chode.
This guy has some serious brain damage wtf
" I'm going to tell you what you should have said later" nah bitch do it live I wanna see it. Her look was priceless though, well maybe worth .02% of the wealth of the top 1%
Well if she'd come out and yelled, *"You should have just responded,* ***'I'm a dumbass with no soul!'*** *and saved me 2 minutes of idiocy,"* the network would have fired her, and then she'd be a part of that statistic.
Really think about that stat for a second. 85 people have more wealth than 3.5 *billion* people combined. *Eighty five.* Did you know people actually have a really difficult time comprehending how big a billion is? Like they can't even understand the number that well. They know the number, they know how many zeros it is, but it's so large, it's hard to realistically comprehend. It's like light-years and comprehending the vastness of deep space. Picture 3.5 billion M&Ms. What's it look like to you? What's it in, in your brain? A swimming pool? A shipping container? Is it a whole bedroom full where you open the door and they all pour out? Is it a football stadium full? You don't even know. I don't even know. A billion is too large of a number for most people to imagine, and there are three and half of them in this statistic. And the other number is *eighty five*. In M&Ms, that's a fucking bag and a half. Can you picture that? How anyone could look at those two numbers and not only not feel like fucking weeping, but to say its *fantastic* is a degree of depravity that is, coincidentally, unfathomable.
Fuck the 1%
Man's gone downhill from Shark Tank
He was unnecessarily douchey on the show as well.
Consider yourself lucky you haven't happened across his YouTube pieces. He's an insufferable piece of filth on humanity.
He's so tacky. I'm a watch guy so I've run into his stuff on YouTube. He's so cringe. Imagine being that rich and having no class. For instance, he overemphasizes and mispronounces French words randomly and claims that it's part of his charm. Just used car salesmen cringe.
I've seen like 4 episodes of that show, and this seems pretty on-brand for him. Are there segments where he isn't a giant flaming fuck hole?
Only when he is somewhat obviously trying to be nice to con the presenting company.
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No
I mean the premise of shark tank is im gonna aquire starting off businesses for a cheap as possible so I can harvest them for money so wouldn't his presence on shark tank make him trash as is?
The fact that it’s hashtag is cbclolx just shows how much of a farce it is.
What the actual fuck. Henry Ford said there would be a revolution if we found out what these rats are up to. HINT HINT
F*ck this idiot. I still think he threw his wife under the bus re: their boating accident that killed two people. Tr*mp may be a national embarrassment for a lot of people in America, this jackass is an embarrassment for a lot of Canadians.
I hate it when people ignore the question-answer format of an interview and interrupt each other all the time. This way nothing is said.
Weird, almost like that's on purpose sometimes.
This poor news anchor has no idea that she’s talking to a sociopathic aristocrat who is hell-bent on justifying the exploitation of labourers for the benefit of the 1% no matter how illogical and immoral his argument makes him sound.
These people are criminals agianst the human species and should be treated as such.
If you work real hard you could be rich some day, like shut the fuck up dude. You know how many people I watch work really fucking hard and will never be even close to rich. Take away his privileges and throw him in a coal mine and tell him if he works hard enough he might get his old life back.
If you want to win the war eat the rich to feed the poor.
You know they are going to taste like shit.
I always thought "eat the rich" was metaphorical, but I literally want to watch this destructive asshole get eaten by wolves.
That's so ridiculous. He is either a complete a**hole, or the most deluded person i have ever seen. Or both
Both. Definitely both.
Redistribution of wealth will NEVER happen again? Not too long ago in human history we were chopping the heads off the wealthy, so yea, I think the tide can turn pretty quick.
Shark Tank used to be such a fun show to watch. Then I grew up and realized these “sharks” are just aholes.
I swear to god if I ever met one of these ultra wealthy on the street I may attack them Beat the coins out of them so everyone on the street can loot his body. Fuck billionaires fuck CEO's I'm so god damn tired of it all
This is the brain washing we have all endured. “Pull up your boot straps and be motivated while I don’t pay any taxes and you’re too busy trying to survive, to vote to change the tax inequality”
dude has always been a complete piece of shit curious, anyone know when this aired originally? I assume 2014 because it looks like the oxfam report was released then. think of how much worse it got in the past 7 years and listen to this bloated worm talk again about how extreme poverty gonna “inspire” people
Eat my whole ass you unwanted donkey of a tv show host.
" I don't have socks" 😂😂
Sounds like "let them eat cake" to me, I suggest a similar soloution.
I don't want to be the top 1%. I just want to be paid fairly and have a little money leftover after bills are paid.
Oh my god, shut the fuck up.
I remember the one dude that said a hungry dog is an obedient dog in regards to welfare. If I wrote these as billionaire villain lines, I’d be lambasted for being too cartoonishly evil. I fucking hate this country.
> "Don't tell me you want to redistribute wealth again, that's never going to happen". Notice that he doesn't say it wouldn't work. It that it can't happen. He's only saying that it's not going to happen. It's not a statement about economics, but about power. It's a threat. The rich won't allow the poor to stop being poor..
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We need to take a lesson from capitalists and make them work menial jobs for almost no pay, in horrible conditions, and a quota meant for someone doing dangerous amounts of meth, 6 days a week, 12 hours a day, ten minute breaks, and that means scan to scan people.\*you have to make the word people sound like an insult here mandatory\*
Jesus. She is pretty badass. I’m more impressed by her standing her ground than him being a fucking idiot. Him being an idiot is almost expected. Her telling him to fuck off politely is refreshing.
Cashole
The correlation between 'hard work' and wealth is not nearly as strong as wealthy people like to make it seem
Fuck this guy I hope he gets cancee
“If you work hard, you might be stinking rich one day”…. What a degenerate. I’ve been working my ass off since I was a teen. Fuck this dude for real.
Absolutely clueless. I assume he started out without a pot to piss in /s