Im confused. Is the paper cup made out of China or just paper?
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deleted
· 6 years ago
This perfectly illustrates the problem with *some* of the crazy rich upper classes.
I'm not gonna say they should just give away the money they've earned, but there are people who would rather buy a $1k tin can or a $9k ball of yarn instead of donate that money to a soup kitchen or homeless shelter. Or even find a Kickstarter they like and drop ten grand there, make someone's day.
Crap like this is the rich feeding the rich. It's a grotesque show off wealth.
I said this on another post and I'll say it again, this is why trickle down economics (lowering taxes for the rich because "their spending will help the economy and the people") will never work. The rich are always going to pay their employees the lowest posible wage and spend the money on stupid crap like this, the price of which will again go to the CEO of the company who sold them the stupid crap, not the employees. I think the post I originally commented this on was about Gucci and his diamond encrusted sword with which he cut his wedding cake. Does his wealth go to his employees? Nope, he has his stuff made in sweatshops (allegedly)
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deleted
· 6 years ago
If you want some wholesome, check out what the owner of Chobani yogurt did last year. He gave 10% of the company stock to his employees, guaranteeing their wellbeing even if the company sells.
Also the Mondragón Corporation in Spain has a strict 1:6 policy, meaning the highest paid employee (including CEO) can't be paid more than 6 times what the lowest employee makes.
So if your top boss makes over 300k, you're still guaranteed 50k at the very least.
It's the Tiffany version of Pier 1 shit. It's not even weird...the only reason it's making news is that a place known for jewelry is now making housewares. You can probably find ridiculously priced versions of everyday objects from plenty of other places that you just never heard of because it's not Tiffany.
I'm not gonna say they should just give away the money they've earned, but there are people who would rather buy a $1k tin can or a $9k ball of yarn instead of donate that money to a soup kitchen or homeless shelter. Or even find a Kickstarter they like and drop ten grand there, make someone's day.
Crap like this is the rich feeding the rich. It's a grotesque show off wealth.
Also the Mondragón Corporation in Spain has a strict 1:6 policy, meaning the highest paid employee (including CEO) can't be paid more than 6 times what the lowest employee makes.
So if your top boss makes over 300k, you're still guaranteed 50k at the very least.