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by schwartzworld
2183 days ago
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> this was super pro-communist oh please. is it really that controversial to think that hoarding all that wealth and donating just enough to make yourself look good is immoral? when someone hoards shampoo bottles we put them on reality TV, but when it's money, baby boomers make excuses. |
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This premise is false, American billionaires do not hoard wealth, rather they invest it in companies.
Bill Gates sells Microsoft shares every year to fund his charitable foundation. He is effectively allocating capital away from Microsoft and towards world health. It is a misconception that these billionaires are like scrooge mcduck hoarding money in their vaults.