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by Gibbon 5757 days ago
Indeed, Gates has likely helped create more billionaires and millionaires than anyone currently living.

Think of the ecosystem surrounding Microsoft: all of the hardware companies, peripherals, software, training, education and jobs that would not exist were it not for "a pc on every desktop." Not to mention the millions of people using Windows to run their businesses.

I might add also that Gates billions are not sitting in a vault. It gets invested and that capital is used by others to create their own empires.

Wealth is fractal. A major success can generate an explosion of wealth further down the chain.

Wether you agree with Billy Boy's tactics or not, it's petty to call him "evil".. he's had made an immeasurable impact on the world and done so in a way that directly or indirectly changed the lives of millions of people.

To fault him for giving away his fortune? Well that's just a whole other level of absurdity. He's under no obligation to give it away, and yet he is. One might argue over the efficacy of his plans, but surely humanity will benefit in the end.

The real questions are: Is it better to give away your wealth incrementally or in one lump sum at the end? Is more taxation better or less? Is a monopoly more effective at wealth creation or is a more diverse market better? It's impossible to answer.

1 comments

Gates was just the person in the right place at the right time. It was the computer industry that's made all those billionaires and millionaires. You think we'd have stayed at a standstill for the last 20 years if Gates hadn't stepped up? Come on.