Foundation for Economic Education | Billionaires SHOULD Exist #shorts @FEEonline | Uploaded October 2022 | Updated October 2024, 4 hours ago.
Should billionaires exist? According to the new AppleTV series “Loot,” no.
However, the show is missing a key point when it comes to the situation.
Entrepreneurs have to provide value to their customers, strive to innovate and keep their customers happy.
And in a free market, they have to continuously produce value for consumers or risk losing it all.
As long as their wealth is accumulated by serving customers, billionaires should be celebrated not condemned.
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CREDITS:
Written by Abby Richardson & Sean W. Malone
Narrated by Matt Tabor
Produced and Edited by Michael Ozias
Assistant Edited by Abby Richardson
——————————
LINKS:
decider.com/2022/08/11/maya-rudolph-billionaire-speech-exclusive-loot-finale-clip
news.yahoo.com/jeff-bezos-on-amazon-value-creation-for-customers-161003838.html
qualtrics.com/blog/amazon-customer-experience-leader
https://www.chicagobooth.edu/review/billionaires-self-made
fee.org/articles/protectionism-old-and-new
theguardian.com/sport/2022/oct/05/buffalo-bills-new-stadium
cnbc.com/2020/08/27/25percent-of-us-malls-are-set-to-shut-within-5-years-what-comes-next.html#:~:text=Giving%20them%20a%20new%20life%20won't%20be%20easy,-Published%20Thu%2C%20Aug&text=Coresight%20Research%20estimates%2025%25%20of,demise%20that%20was%20already%20underway.
washingtonpost.com/business/2022/01/03/rip-blackberry-phones-technology
Should billionaires exist? According to the new AppleTV series “Loot,” no.
However, the show is missing a key point when it comes to the situation.
Entrepreneurs have to provide value to their customers, strive to innovate and keep their customers happy.
And in a free market, they have to continuously produce value for consumers or risk losing it all.
As long as their wealth is accumulated by serving customers, billionaires should be celebrated not condemned.
——————————
CREDITS:
Written by Abby Richardson & Sean W. Malone
Narrated by Matt Tabor
Produced and Edited by Michael Ozias
Assistant Edited by Abby Richardson
——————————
LINKS:
decider.com/2022/08/11/maya-rudolph-billionaire-speech-exclusive-loot-finale-clip
news.yahoo.com/jeff-bezos-on-amazon-value-creation-for-customers-161003838.html
qualtrics.com/blog/amazon-customer-experience-leader
https://www.chicagobooth.edu/review/billionaires-self-made
fee.org/articles/protectionism-old-and-new
theguardian.com/sport/2022/oct/05/buffalo-bills-new-stadium
cnbc.com/2020/08/27/25percent-of-us-malls-are-set-to-shut-within-5-years-what-comes-next.html#:~:text=Giving%20them%20a%20new%20life%20won't%20be%20easy,-Published%20Thu%2C%20Aug&text=Coresight%20Research%20estimates%2025%25%20of,demise%20that%20was%20already%20underway.
washingtonpost.com/business/2022/01/03/rip-blackberry-phones-technology
