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by ajross
5484 days ago
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The Gates Foundation does great work. They are certainly one of if not the most effective anti-poverty charities out there. But positing a world "much worse off" is stretching things. Even huge charities are dwarfed by the sizes of governments. Almost all aid is delivered by governments. How much money has the Gates Foundation spent in total over its decade or so of work? What is the USA humanitarian aid budget for a single year? Again, my point isn't to diss Bill's charity work. But arguing that we should tolerate abusive monopolies in our tech industry because the owners might one day get rich and give the money to poor people is ... borderline insane, honestly. |
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US federal Humanitarian aid budget for 2009: $4.3bn
Gates Foundation total charitable distribution 2009: $3.65bn
Gates Foundation total grant commitments since inception: $24.81bn
So it seems you're either seriously over estimating The US Government spending or seriously underestimating the Gates foundation.