this post was submitted on 29 Jun 2025
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Late Stage Capitalism

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[–] Hotzilla@sopuli.xyz 17 points 1 day ago* (last edited 1 day ago) (3 children)

I verified the number because it doesn't sound quite right. Walmart makes profit of roughly $20B yearly, per day that is $55M, the family owns around half.

So they make like $25M per day.

That is still insane amount of money, and probably also they do some tricks to lower the profit and hide the money through some loopholes, like all the millionaires/billionaires.

Nobody needs that kind of money, so they should be taxed like hell, but not in this world

[–] Snowies@lemmy.zip 1 points 16 hours ago

Most people on earth will never see $100,000 a year, and almost all Americans will never see $200,000 a year.

Even making $1,000,000 a year is fucking incredible and life-changing and lets you go anywhere and do almost anything you want.

Anything over that is just dick measuring money.

They are making $25,000,000 PER DAY.

A million dollars is chump change to them.

More money than we’ll ever see in our lives is chump change to them.

Currency is just quantified social power.

If someone has essentially infinite social power compared to everyone around them, there is no world in which their interests don’t directly and explicitly involve (at the very least) keeping that power.

[–] xavier_berthiaume@jlai.lu 7 points 1 day ago

but not in this world

That is until people take measures into their own hands