No we shouldn't be "glad that people can become billionaire".
We should be glad that people can get reasonable wealthy, say, $100M net worth would be more than plenty, and would ensure that: people who worked hard got a lot ($100M!!), but nobody alone or in very small numbers can try to destroy the fabric of society
Is that hard for you to understand?
The fact that at your age you're still mistaking "generating billions in value" (this doesn't mean anything) with "extracting money from the system and selfishly refusing to give some of it back in a meaningful way" means that you still have to learn about how the world really works
I'm not glad they can become billionaires for their sake. I'm glad they can become billionaires for your and my sake, under the ideal I proposed, which is that billionaires can become that way only by entering into transactions where all sides are better off for doing so.
Because you fail to understand how economy and the world works. No, they don't "only do so by entering into transactions where all sides are better off", that's just a convenient fiction for people like you who never thought about the economic realities
The truth is they are abusing a system and rigging the laws, in order to keep extracting as much as they can. If it was really a "better for everyone", why don't you think all Starbuck's barista would be "overjoyed" of going to work every day? Think for yourself one minute instead of repeating talking points from FoxNews that you never even considered for one minute
Oh I understand how it works. That's why I agreed many of them deserve to be at the Hague.
Remember, I said, ideal I proposed -- the ideal of the free market, where they can only become billionaires by entering voluntary transactions without externality to others. Under such ideal, if someone is a billionaire, it's because everyone is better off.
There have been varying shades of gray for how these play out in reality, the least shaded ones I'm generally grateful for and the most shaded ones are outright criminals that should have their fortune seized and put behind bars.
We should be glad that people can get reasonable wealthy, say, $100M net worth would be more than plenty, and would ensure that: people who worked hard got a lot ($100M!!), but nobody alone or in very small numbers can try to destroy the fabric of society
Is that hard for you to understand?
The fact that at your age you're still mistaking "generating billions in value" (this doesn't mean anything) with "extracting money from the system and selfishly refusing to give some of it back in a meaningful way" means that you still have to learn about how the world really works