Someone can certainly make a billion dollars. That’s not the same thing as earning.
Growing fast and disrupting markets also often means chasing and wielding market power, political influence, and scale.
Take Airbnb. They heavily lobby politicians against passing housing laws to protect working class residents because it’s bad for their business model.
Airbnb could not exist at its current scale and size without the housing market destabilizations, displacements, and exploits that are supercharging the evictions of working people everywhere from Puerto Rico to Jackson Hole.
Now, young people are planning for a future where they will never be able to afford to own a home — while others have twenty, and live off renting them at extortionate rates with zero protections.
Yes, a tiny amount of people can make billions of dollars doing that. And millions of everyday Americans are bearing the cost.
In solidarity,
Alexandria
Alexandria is determined to fight for economic justice for all of us — and against tax breaks for billionaires.
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