https://www.marketwatch.com/story/britains-richest-man-joins-coronavirus-fight-as-ineos-plans-to-build-hand-sanitizer-factory-in-10-days-2020-03-24
I honestly don't know if they've contributed or how much they've contributed. Tbf that's not to say they haven't, they just maybe haven't publicised it.
Are they under any legal obligation to do so? No. Morally, should they? You have to feel that the answer to that is a firm yes.
Billionaires money is a drop in the ocean, and ineffective.
BAE systems
Cobham plc
QuinetiQ
GKN
Eurofighter GmbH
Marshall Aerospace and Defence Group
Rolls Royce plc
Accuracy International
ELEY
Supacat
Babcock
Are amongst the UK registered organisations in a trillion dollar/euro/pound global industry that utilises its resources to manufacture equipment that is, at best, never going to be used and/or, at worst, only going to be used to kill and destroy.
Current engineering technologies would easily facilitate a rapid transition to jigs, tooling, machinery and processing of ALL the necessary resources needed to best help us deal with just the kind of scenario we are currently in.
But there's no profit in it.
comment by IAmMe (U18491)
posted 1 minute ago
Billionaires money is a drop in the ocean, and ineffective.
BAE systems
Cobham plc
QuinetiQ
GKN
Eurofighter GmbH
Marshall Aerospace and Defence Group
Rolls Royce plc
Accuracy International
ELEY
Supacat
Babcock
Are amongst the UK registered organisations in a trillion dollar/euro/pound global industry that utilises its resources to manufacture equipment that is, at best, never going to be used and/or, at worst, only going to be used to kill and destroy.
Current engineering technologies would easily facilitate a rapid transition to jigs, tooling, machinery and processing of ALL the necessary resources needed to best help us deal with just the kind of scenario we are currently in.
But there's no profit in it.
----------------------------------------------------------------------
I guess that's why the race to produce a vaccination is kind of a paradox. Whoever does provide one first will want to make money from it, and that won't sit well with many people. But it's that carrot and that competitive environment that will hopefully speed up the process.
Likely some of the richest individuals in the world though you won't find them on any Forbes list:
https://en.wikipedia.org/wiki/Genealogy_of_the_Rothschild_family#Rothschild_banking_family_of_England
No matter how wealthy individual people are I don't think they have any moral obligation to contribute more than anyone else. Many of them may have worked hard to earn their fortune and have already payed more in taxes than I have ever earned.
comment by goadocwatson (U1016)
posted 4 minutes ago
No matter how wealthy individual people are I don't think they have any moral obligation to contribute more than anyone else. Many of them may have worked hard to earn their fortune and have already payed more in taxes than I have ever earned.
----------------------------------------------------------------------
They benefit most when things are going well. That's from the current system that will fail without people picking up a huge tab. It very much is their responsibility more than anyone else to dig far deeper than normal because they're in the incredibly fortunate position of being able to without it effecting their quality of life in the same way it would anyone else.
Also "working hard" is not exclusive to the wealthy, in fact it often goes the other way.
Comment deleted by Site Moderator
Comment deleted by Site Moderator
Comment deleted by Site Moderator
5* for use of the phrase “actual valid sharticle”
comment by ☼ Great_Red_Shark ☼ (U1711)
posted 6 hours, 32 minutes ago
https://www.marketwatch.com/story/britains-richest-man-joins-coronavirus-fight-as-ineos-plans-to-build-hand-sanitizer-factory-in-10-days-2020-03-24
----------------------------------------------------------------------
Well done Sir. Supplying FOC, I hope unlike Liverpool he hasn’t put staff needed for this on Furlough?
Comment deleted by Site Moderator
comment by goadocwatson (U1016)
posted 4 hours, 40 minutes ago
No matter how wealthy individual people are I don't think they have any moral obligation to contribute more than anyone else. Many of them may have worked hard to earn their fortune and have already payed more in taxes than I have ever earned.
----------------------------------------------------------------------
And many of them have inherited land and businesses and done sheet all half their lives.
I also love the concept of having worked hard for his billions”. I mean, just *how hard* is that. I know guys who’ve worked 50-60 hour weeks their entire lives, never taken holidays and aren’t remotely wealthy.
These billionaires must be putting in 1,000,000 hour working weeks, at least
Comment deleted by Site Moderator
comment by goadocwatson (U1016)
posted 5 hours, 37 minutes ago
No matter how wealthy individual people are I don't think they have any moral obligation to contribute more than anyone else. Many of them may have worked hard to earn their fortune and have already payed more in taxes than I have ever earned.
----------------------------------------------------------------------
My feeling is that if people truly understood how much money £1bn was, they'd feel quite differently.
This 60 second video is a really brilliant, simple and digestible visualisation of the sheer obscenity of the existence of billionaires:
https://www.youtube.com/watch?v=W56g5KdqZoo
Comment deleted by Site Moderator
Comment deleted by Site Moderator
comment by United we win (U19958)
posted 1 minute ago
also love the concept of having worked hard for his billions”. I mean, just *how hard* is that. I know guys who’ve worked 50-60 hour weeks their entire lives, never taken holidays and aren’t remotely wealthy.
No offence but then are they not wasting their own time? Seems to me they are living to work, rather than working to live. If you are not getting a rest or breaks from work and are making next to nothing. It’s time to change your job? No?
----------------------------------------------------------------------
It might be time to change your job, and people do indeed make bad choices, but it's rather revealing that you'd first choose to pin the blame on a worker for not being in a job that earns him enough, rather than asking why that particular job isn't paying enough to live in the first place.
And it's really, really bizarre to be making the point you're making right now, all of times. We're literally existing in a moment in time whereby the country is being kept going by people who earn very little: shop staff, delivery drivers, hospital staff, cleaners, bin men, postal workers and so on...
It's very easy to say "get a new job then!", as if the prospects of significantly higher paid work are vast. They aren't. Have a look at the short video I posted and then try to make the same point again with a straight face.
comment by United we win (U19958)
posted 5 minutes ago
Personally am not an envious person. So to all the millionaires and billionaires, enjoy your money. They don’t have responsibility to do anything. They can give money to charity and many do. They don’t have to give half their wealth away to make some happy. I think they rather set their future family up first and ensure they are wealthy too as that’s natural instinct.
----------------------------------------------------------------------
This wealth is often procured off the back of employing people on low wages and, increasingly in the last few years, with ever more levels of work instability and insecurity via gig economy style employment.
Again, if you truly understood how much £1bn really was, you wouldn't be saying what you're saying.
comment by Just Shoot (U10408)
posted 1 hour, 58 minutes ago
comment by Scruttocks (U19684)
posted 3 hours, 49 minutes ago
comment by goadocwatson (U1016)
posted 4 minutes ago
No matter how wealthy individual people are I don't think they have any moral obligation to contribute more than anyone else. Many of them may have worked hard to earn their fortune and have already payed more in taxes than I have ever earned.
----------------------------------------------------------------------
They benefit most when things are going well. That's from the current system that will fail without people picking up a huge tab. It very much is their responsibility more than anyone else to dig far deeper than normal because they're in the incredibly fortunate position of being able to without it effecting their quality of life in the same way it would anyone else.
Also "working hard" is not exclusive to the wealthy, in fact it often goes the other way.
----------------------------------------------------------------------
Bring out the pitch forks, I say.
Second home, OK. Third, nah, sell it in 6months or you lose it.
Companies that sell an 'image' like Louis Vuitton, shut them down.
No personal wealth over 50 million.
----------------------------------------------------------------------
Random hate on Louis Vitton made me laugh
comment by Cal Neva (U11544)
posted 48 minutes ago
I don't have much of an issue with people being super rich . What I would like to see is a guaranteed minimum income that people can live on .
----------------------------------------------------------------------
Should that be a minimum wage for London, Cornwall, midlands so on. Once size will not fit all in that due to varying costs of living. Maybe city based rent control?
How do you ensure it is equal and fair for all?
Wealth is wealth, sometimes people work consistently over time taking opportunities as the fall and sometimes it falls in their laps.
It is what it is.
yes some people will labour all their lives like a beast turning a water wheel and never get anywhere. No opportunities fall or they are not in a position to ever see an opportunity or they just ignore the chances when the come.
Its not all luck but there is luck in it, its not all hard work but there is hard work in it.
However on responsibility. Everyone has responsibility in society. This is the crucial part of the discussion. If people feel no responsibility to society in general and want a libertarian existence then we are headed for no hospitals or schools etc.
the question should be if we have NO responsibility why do we have benefits accruing either?
The billionaire has a responsibility that goes further than the guy on minimum wage. one can only stay home or perhaps volunteer time to NHS. the other can get into action and deliver sanitiser, face masks, gloves.
Its not extra "effort" par se to be valued over the guy on the street. The billionaire has more resources to apply so should make a bigger impact over all for the same effort but 1000 little guys doing things is then far far more impactful.
Comment deleted by Site Moderator
comment by moreinjuredthanowen (U9641)
posted 2 minutes ago
Wealth is wealth, sometimes people work consistently over time taking opportunities as the fall and sometimes it falls in their laps.
It is what it is.
yes some people will labour all their lives like a beast turning a water wheel and never get anywhere. No opportunities fall or they are not in a position to ever see an opportunity or they just ignore the chances when the come.
Its not all luck but there is luck in it, its not all hard work but there is hard work in it.
However on responsibility. Everyone has responsibility in society. This is the crucial part of the discussion. If people feel no responsibility to society in general and want a libertarian existence then we are headed for no hospitals or schools etc.
the question should be if we have NO responsibility why do we have benefits accruing either?
The billionaire has a responsibility that goes further than the guy on minimum wage. one can only stay home or perhaps volunteer time to NHS. the other can get into action and deliver sanitiser, face masks, gloves.
Its not extra "effort" par se to be valued over the guy on the street. The billionaire has more resources to apply so should make a bigger impact over all for the same effort but 1000 little guys doing things is then far far more impactful.
----------------------------------------------------------------------
Sign in if you want to comment
Top 10 UK billionaires Vs Covid-19
Page 1 of 3
posted on 6/4/20
https://www.marketwatch.com/story/britains-richest-man-joins-coronavirus-fight-as-ineos-plans-to-build-hand-sanitizer-factory-in-10-days-2020-03-24
posted on 6/4/20
I honestly don't know if they've contributed or how much they've contributed. Tbf that's not to say they haven't, they just maybe haven't publicised it.
Are they under any legal obligation to do so? No. Morally, should they? You have to feel that the answer to that is a firm yes.
posted on 6/4/20
Billionaires money is a drop in the ocean, and ineffective.
BAE systems
Cobham plc
QuinetiQ
GKN
Eurofighter GmbH
Marshall Aerospace and Defence Group
Rolls Royce plc
Accuracy International
ELEY
Supacat
Babcock
Are amongst the UK registered organisations in a trillion dollar/euro/pound global industry that utilises its resources to manufacture equipment that is, at best, never going to be used and/or, at worst, only going to be used to kill and destroy.
Current engineering technologies would easily facilitate a rapid transition to jigs, tooling, machinery and processing of ALL the necessary resources needed to best help us deal with just the kind of scenario we are currently in.
But there's no profit in it.
posted on 6/4/20
comment by IAmMe (U18491)
posted 1 minute ago
Billionaires money is a drop in the ocean, and ineffective.
BAE systems
Cobham plc
QuinetiQ
GKN
Eurofighter GmbH
Marshall Aerospace and Defence Group
Rolls Royce plc
Accuracy International
ELEY
Supacat
Babcock
Are amongst the UK registered organisations in a trillion dollar/euro/pound global industry that utilises its resources to manufacture equipment that is, at best, never going to be used and/or, at worst, only going to be used to kill and destroy.
Current engineering technologies would easily facilitate a rapid transition to jigs, tooling, machinery and processing of ALL the necessary resources needed to best help us deal with just the kind of scenario we are currently in.
But there's no profit in it.
----------------------------------------------------------------------
I guess that's why the race to produce a vaccination is kind of a paradox. Whoever does provide one first will want to make money from it, and that won't sit well with many people. But it's that carrot and that competitive environment that will hopefully speed up the process.
posted on 6/4/20
Likely some of the richest individuals in the world though you won't find them on any Forbes list:
https://en.wikipedia.org/wiki/Genealogy_of_the_Rothschild_family#Rothschild_banking_family_of_England
posted on 6/4/20
No matter how wealthy individual people are I don't think they have any moral obligation to contribute more than anyone else. Many of them may have worked hard to earn their fortune and have already payed more in taxes than I have ever earned.
posted on 6/4/20
comment by goadocwatson (U1016)
posted 4 minutes ago
No matter how wealthy individual people are I don't think they have any moral obligation to contribute more than anyone else. Many of them may have worked hard to earn their fortune and have already payed more in taxes than I have ever earned.
----------------------------------------------------------------------
They benefit most when things are going well. That's from the current system that will fail without people picking up a huge tab. It very much is their responsibility more than anyone else to dig far deeper than normal because they're in the incredibly fortunate position of being able to without it effecting their quality of life in the same way it would anyone else.
Also "working hard" is not exclusive to the wealthy, in fact it often goes the other way.
posted on 6/4/20
Comment deleted by Site Moderator
posted on 6/4/20
Comment deleted by Site Moderator
posted on 6/4/20
Comment deleted by Site Moderator
posted on 6/4/20
5* for use of the phrase “actual valid sharticle”
posted on 6/4/20
comment by ☼ Great_Red_Shark ☼ (U1711)
posted 6 hours, 32 minutes ago
https://www.marketwatch.com/story/britains-richest-man-joins-coronavirus-fight-as-ineos-plans-to-build-hand-sanitizer-factory-in-10-days-2020-03-24
----------------------------------------------------------------------
Well done Sir. Supplying FOC, I hope unlike Liverpool he hasn’t put staff needed for this on Furlough?
posted on 6/4/20
Comment deleted by Site Moderator
posted on 6/4/20
comment by goadocwatson (U1016)
posted 4 hours, 40 minutes ago
No matter how wealthy individual people are I don't think they have any moral obligation to contribute more than anyone else. Many of them may have worked hard to earn their fortune and have already payed more in taxes than I have ever earned.
----------------------------------------------------------------------
And many of them have inherited land and businesses and done sheet all half their lives.
I also love the concept of having worked hard for his billions”. I mean, just *how hard* is that. I know guys who’ve worked 50-60 hour weeks their entire lives, never taken holidays and aren’t remotely wealthy.
These billionaires must be putting in 1,000,000 hour working weeks, at least
posted on 6/4/20
Comment deleted by Site Moderator
posted on 6/4/20
comment by goadocwatson (U1016)
posted 5 hours, 37 minutes ago
No matter how wealthy individual people are I don't think they have any moral obligation to contribute more than anyone else. Many of them may have worked hard to earn their fortune and have already payed more in taxes than I have ever earned.
----------------------------------------------------------------------
My feeling is that if people truly understood how much money £1bn was, they'd feel quite differently.
This 60 second video is a really brilliant, simple and digestible visualisation of the sheer obscenity of the existence of billionaires:
https://www.youtube.com/watch?v=W56g5KdqZoo
posted on 6/4/20
Comment deleted by Site Moderator
posted on 6/4/20
Comment deleted by Site Moderator
posted on 6/4/20
comment by United we win (U19958)
posted 1 minute ago
also love the concept of having worked hard for his billions”. I mean, just *how hard* is that. I know guys who’ve worked 50-60 hour weeks their entire lives, never taken holidays and aren’t remotely wealthy.
No offence but then are they not wasting their own time? Seems to me they are living to work, rather than working to live. If you are not getting a rest or breaks from work and are making next to nothing. It’s time to change your job? No?
----------------------------------------------------------------------
It might be time to change your job, and people do indeed make bad choices, but it's rather revealing that you'd first choose to pin the blame on a worker for not being in a job that earns him enough, rather than asking why that particular job isn't paying enough to live in the first place.
And it's really, really bizarre to be making the point you're making right now, all of times. We're literally existing in a moment in time whereby the country is being kept going by people who earn very little: shop staff, delivery drivers, hospital staff, cleaners, bin men, postal workers and so on...
It's very easy to say "get a new job then!", as if the prospects of significantly higher paid work are vast. They aren't. Have a look at the short video I posted and then try to make the same point again with a straight face.
posted on 6/4/20
comment by United we win (U19958)
posted 5 minutes ago
Personally am not an envious person. So to all the millionaires and billionaires, enjoy your money. They don’t have responsibility to do anything. They can give money to charity and many do. They don’t have to give half their wealth away to make some happy. I think they rather set their future family up first and ensure they are wealthy too as that’s natural instinct.
----------------------------------------------------------------------
This wealth is often procured off the back of employing people on low wages and, increasingly in the last few years, with ever more levels of work instability and insecurity via gig economy style employment.
Again, if you truly understood how much £1bn really was, you wouldn't be saying what you're saying.
posted on 6/4/20
comment by Just Shoot (U10408)
posted 1 hour, 58 minutes ago
comment by Scruttocks (U19684)
posted 3 hours, 49 minutes ago
comment by goadocwatson (U1016)
posted 4 minutes ago
No matter how wealthy individual people are I don't think they have any moral obligation to contribute more than anyone else. Many of them may have worked hard to earn their fortune and have already payed more in taxes than I have ever earned.
----------------------------------------------------------------------
They benefit most when things are going well. That's from the current system that will fail without people picking up a huge tab. It very much is their responsibility more than anyone else to dig far deeper than normal because they're in the incredibly fortunate position of being able to without it effecting their quality of life in the same way it would anyone else.
Also "working hard" is not exclusive to the wealthy, in fact it often goes the other way.
----------------------------------------------------------------------
Bring out the pitch forks, I say.
Second home, OK. Third, nah, sell it in 6months or you lose it.
Companies that sell an 'image' like Louis Vuitton, shut them down.
No personal wealth over 50 million.
----------------------------------------------------------------------
Random hate on Louis Vitton made me laugh
posted on 6/4/20
comment by Cal Neva (U11544)
posted 48 minutes ago
I don't have much of an issue with people being super rich . What I would like to see is a guaranteed minimum income that people can live on .
----------------------------------------------------------------------
Should that be a minimum wage for London, Cornwall, midlands so on. Once size will not fit all in that due to varying costs of living. Maybe city based rent control?
How do you ensure it is equal and fair for all?
posted on 6/4/20
Wealth is wealth, sometimes people work consistently over time taking opportunities as the fall and sometimes it falls in their laps.
It is what it is.
yes some people will labour all their lives like a beast turning a water wheel and never get anywhere. No opportunities fall or they are not in a position to ever see an opportunity or they just ignore the chances when the come.
Its not all luck but there is luck in it, its not all hard work but there is hard work in it.
However on responsibility. Everyone has responsibility in society. This is the crucial part of the discussion. If people feel no responsibility to society in general and want a libertarian existence then we are headed for no hospitals or schools etc.
the question should be if we have NO responsibility why do we have benefits accruing either?
The billionaire has a responsibility that goes further than the guy on minimum wage. one can only stay home or perhaps volunteer time to NHS. the other can get into action and deliver sanitiser, face masks, gloves.
Its not extra "effort" par se to be valued over the guy on the street. The billionaire has more resources to apply so should make a bigger impact over all for the same effort but 1000 little guys doing things is then far far more impactful.
posted on 6/4/20
Comment deleted by Site Moderator
posted on 6/4/20
comment by moreinjuredthanowen (U9641)
posted 2 minutes ago
Wealth is wealth, sometimes people work consistently over time taking opportunities as the fall and sometimes it falls in their laps.
It is what it is.
yes some people will labour all their lives like a beast turning a water wheel and never get anywhere. No opportunities fall or they are not in a position to ever see an opportunity or they just ignore the chances when the come.
Its not all luck but there is luck in it, its not all hard work but there is hard work in it.
However on responsibility. Everyone has responsibility in society. This is the crucial part of the discussion. If people feel no responsibility to society in general and want a libertarian existence then we are headed for no hospitals or schools etc.
the question should be if we have NO responsibility why do we have benefits accruing either?
The billionaire has a responsibility that goes further than the guy on minimum wage. one can only stay home or perhaps volunteer time to NHS. the other can get into action and deliver sanitiser, face masks, gloves.
Its not extra "effort" par se to be valued over the guy on the street. The billionaire has more resources to apply so should make a bigger impact over all for the same effort but 1000 little guys doing things is then far far more impactful.
----------------------------------------------------------------------
Page 1 of 3