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Most billionaires make their fortune exploiting people. Taylor has employees, song writers, producers, PR, etc, but I doubt any of those people feel exploited.
You could stretch it to say she's making money off the predatory scalper economy run by Ticketmaster, but unless she's buying and reselling the tickets herself, that's a bit of a stretch.
All billionaires make their fortune exploiting people.
I think you're right for the vast majority of billionaires, but I don't see how Taylor Swift exploiting people.
Taylor Swift makes 2,300 times the salary of the average person in the music industry. Her team generates vast amounts of money and she gets nearly all of it.
By sucking so much wealth out of the economy. By owning so much while there are people working three jobs to make rent. You don't have to actively club baby seals to profit from a predatory system.
I am a big fan of hers. But the way she exploits people is that she sells 3-5 copies of basically the same album but there are differences in art and Color or maybe one extra song that compels some fans to actually buy all of them. And sell honestly terrible merch through her store at a premium that they will also pay gladly for. It’s market manipulation and she is winning that game. She’s very good at capitalism but she seems to treat her staff well. Well enough in proportion to her? No probably not, but in proportion to the rest of the billionaire club’s employees, yeah.
I'm afraid you're pissing into the wind with this one, this crowd just wants to rage about billionaires, and nothing will get in their way.
All cops are bastards, all rich people are bad, and nuance is dead.
Not really, many people believe that wealth generated by workers should be distributed amongst those workers proportionally to their contributions. Especially in the music industry workers get very little pay for the amount of money they generate for the companies they work for. Taylor Swift also profits from this inherently exploitative construction.
Taylor swift is the star of the show, the entire reason the whole event exists. Of course she's the one making the most money.
You guys are cooked.
Ok? How does that contradict my statement?
For me it's not how she got it, it's how she's using it. So far, we have yet to really see her use a meaningful chunk of her money. We've seen her do some basic sums to local food pantries and charitable stuff here and there, but I want to see her spend an actual percentage of her fortune towards something good.
Things like helping stop climate change (after she has used that private jet so much and her tour releases a ton of emissions), donating more to LGBTQ+, or the biggest one, using her money to invest/start up her own label/rival to Ticketmaster.
The label one is important, as labels are seeing what she has done to recover her masters and are trying to stop other artists from doing the same. She could start her own label redefining the rules for musicians, and not only would it help but it would also make her even more in the long run.
One swiftie's opinion