Billionaires’ fortunes are built not only on the back of workers through surplus value extraction and wage theft but also on the back of the state through mind-blowing amounts of tax break loopholes, special benefits and downright money handouts.

So what do they contribute? They don’t innovate, they pay someone else to innovate which usually means incorporating publicly funded tech.

And to no one’s surprise, most of them come up with stupid half-cooked ideas that don’t contribute to society at all. Almost like if you directly gave the funding to those with the technological knowledge to develop the products the company is making, you would end up with much better products with less enshittification and profit-driven planned obsolescence that plagues us today. Almost like the CEO is just a parasite.

Neoliberalism is all for public support/money, but against supporting the public.