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Capital pays you for being rich in proportion to how rich you are. Elon can't hide behind my 401k, he doesn't fit. Also: most Americans and most people are far poorer than you and I and get paid even less for being rich than you and I.
That's helpful if you're privileged enough to amass enough to invest before labor's share of output collapses.
Can you estimate what percentage of the population has a meaningful amount of money in funds like this?
wow, pennies on the dollar and yet there’s a trillionaire
Capital pays you for being rich in proportion to how rich you are. Elon can't hide behind my 401k, he doesn't fit. Also: most Americans and most people are far poorer than you and I and get paid even less for being rich than you and I.