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☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 5 months ago

Cartier's $7.5bn owner says fear of poor rising up 'keeps him awake at night'

www.independent.co.uk

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  • cross-posted to:
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Cartier's $7.5bn owner says fear of poor rising up 'keeps him awake at night'

www.independent.co.uk

☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 5 months ago
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  • cross-posted to:
  • [email protected]
Says he is concerned about robots creating 'structural unemployment'
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  • InstructionsNotClear@midwest.social
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    5 months ago

    Why is he worried, is he doing something bad?

    • TheWolfOfSouthEnd@lemmygrad.ml
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      5 months ago

      Just hoarding excessive amounts of wealth…

  • GorGor@startrek.website
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    5 months ago

    According to Bloomberg, Johann Rupert told the conference to bear in mind that when the poor rise up, the middle classes won’t want to buy luxury goods for fear of exposing their wealth.

    “How is society going to cope with structural unemployment and the envy, hatred and the social warfare?” he said. “We are destroying the middle classes at this stage and it will affect us. It’s unfair. So that’s what keeps me awake at night.”

    … its almost comical how he thinks of this. The first thought is his businesses wont be able to sell luxury to anyone but the ultra wealthy.

    • adarza@lemmy.ca
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      5 months ago

      the middle classes won’t want to buy luxury goods

      this is the part that keeps the asswipe awake at night. poor guy.

  • GreenPlasticSushiGrass@moist.catsweat.com
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    5 months ago

    As well it should.

  • davel@lemmy.ml
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    5 months ago
    We have no compassion and we ask no compassion from you. When our turn comes, we shall not make excuses for the terror. But the royal terrorists, the terrorists by the grace of God and the law, are in practice brutal, disdainful, and mean, in theory cowardly, secretive, and deceitful, and in both respects disreputable.
  • Ildsaye [they/them]@hexbear.net
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    5 months ago

    Gilded Age and Great Depression barons funded the building of libraries and public swimming pools hoping to create the impression they have a role in society beyond predation, these bozos ain’t even trying

  • AlecSadler@sh.itjust.works
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    5 months ago

    Please please please let this keep other billionaires up too.

    And then please let the fears come true.

  • glimmer_twin [he/him]@hexbear.net
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    5 months ago

    Watching the contradictions heighten like sicko-crowd

    • Ben Hur Horse Race@lemm.ee
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      5 months ago

      Removed by mod

  • geneva_convenience@lemmy.ml
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    5 months ago

    Has he tried giving the money away

  • granolabar@kbin.melroy.org
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    5 months ago

    A new threat actor entered the chat: the Adjuster

    Hopefully this parasite has been having nightmares.

  • تحريرها كلها ممكن@lemmy.ml
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    5 months ago

    Hoarding wealth is a grave sin.

World News@lemmy.ml

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