The people can do good things, but in an exploitative manner?. Earning billions off the labor of others and then giving back is still not moral in my eyes. And I think it's an exception to the rule any way that any in the capital class produce a net benefit to society.
I don't think profit necessarily implies exploitation. People could make billions while also helping the labor class, and then give back to society. Think of things that improve safety, efficiency, or extend human life -- fire extinguishers, farm implements, some medicines, etc. I'm sure people make money off of these, but I'm still thankful to them.
You may be right that most of the capital class is not a net benefit. Nonetheless, I think this kind of broad generalization just distracts us from the real goal of improving human lives.
I rather disagree and think this discourse is both beneficial and necessary. This comment really feels dubious and is the exact definition of the Noble Lie.
Elite is the same in any system. Be it feudal of the old or ruling class in socialismus-comunismus implementations. That’s just a part of any group of animals.