We live in such a sci-fi age of modern comforts that we don't realize how lucky we are to have billionaires. Instead, we think it's cool to follow a Bronx bartender and a wild-haired commie in complaining about the rich.
If you've ever wondered why billionaires are actually a great thing for the human race, look at the current innovation happening in the space sector:
Jeff Bezos became the second billionaire in space on Tuesday, and the flight was exhilarating to watch.
Because he built that company from scratch, and because he's competing with others like Richard Branson and Elon Musk, you and I might have access to freaking space travel one day.
Contrary to the rhetoric of comrades Bernie and AOC, innovation does not mainly come through government programs [read: taxes]. There's a reason communist China is always trying to hack into our companies for ideas, after all.
Instead, innovation has come overwhelmingly through the efforts of private individuals that undertook insanely expensive and risky endeavors to pioneer a new product or field of research.
The price of their vision and genius is that they get lucratively rich.
The result, however, is that the rising tide raises all boats, giving the rest of humanity access to high-tech innovations that would never been developed otherwise.
GLOBAL poverty has more than HALVED in the last few decades because of such innovations.