The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

Friday, February 8, 2019

There’s Nothing Wrong With Billionaires. We Could Use a Few More. - The Bulwark

The point here is that billionaires make everyone richer. Does even the most progressive progressive imagine that the government could have created Amazon or Apple? Eliminating billionaires in the name of “social justice” would be a disaster for everyone, including the people who are supposedly being helped.  Reed Hastings, the co-founder and current CEO of Netflix is worth $3.7 billion. A Netflix subscription costs $8.99 a month and gives you access to tens of thousands of hours of on-demand programming. In a sense, that makes a working family struggling at the poverty line more wealthy, at least when it comes to entertainment, than the richest person on earth 15 years ago when such a thing didn’t exist. You would be hard-pressed to find any government poverty-reduction program more effective than that.


The problem is not Reed's company but his politics. Netflix has some OK offerings. Reed's political contributions, not so much. Therefore,He Must Ve Silenced!!! Oh, wait, I guess that's not the American way, is it? A lot of what he's pumping out is acid that is eating away at the foundations of the control tower of spaceship America. But some of his stuff is OK. The only choice, as I see it, is not to permit oneself or one's children to watch the bad stuff. How is that possible? What can be done? It's as if I have to make up my own mind what to watch and let my kids watch! Yes, that's a bad option, but it seems better than all the others.

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