They could work to remove the destitution and desperation of working people. But if their workers weren’t in such dire straits, then they wouldn’t have so much power over them. Workers with good pay and a healthy work-life balance also have more time to pursue unionization and other political activities. Even if improving the lives of the people would objectively increase the wealth of the ultra-rich, it would still decrease their power. And ultimately, the only reason people ever obtain that level of wealth is because they desire power more than anything else. People who aren’t power-hungry monsters cash out and retire early long before they reach billionaire status.
Better to rule in Hell than serve in Heaven.
They could work to remove the destitution and desperation of working people. But if their workers weren’t in such dire straits, then they wouldn’t have so much power over them. Workers with good pay and a healthy work-life balance also have more time to pursue unionization and other political activities. Even if improving the lives of the people would objectively increase the wealth of the ultra-rich, it would still decrease their power. And ultimately, the only reason people ever obtain that level of wealth is because they desire power more than anything else. People who aren’t power-hungry monsters cash out and retire early long before they reach billionaire status.
Workers with good pay and a healthy work-life balance are unlikely to pursue unions. That’s the stuff unions are trying to achieve.