LeBron is worth $1 billion lol. Yeah that’s a lot of money, but still the lower strata of billionaires. How is this remarkable in any way?

  • Beaver [he/him]@hexbear.net
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    7 months ago

    You absolutely don’t have to hand it to Colby Covington, because of course it’s coming from the point of view of “look at the opportunity this great country gave you to exploit people”. But even the chuds can kind of see the obvious exploitation that’s going on in the shoe making industry. LeBron James willfully engages in that - about 2/3rds of his wealth has come from endorsement deals, investments and other capitalist behavior. That has real consequences - a lot of people were exploited to generate that $900 million worth of wealth.

    Of course, because there’s Zero class consciousness among Americans, no thought will be given to the other 1/3rd of Lebron’s wealth, about $450 million made from 20 years of labor playing basketball. That’s a lot of money, but it was subject to the same theft of surplus that every other wage laborer is subject to - his labor made a fuckton more than that for the owners of the Lakers, Heat and Cavs.