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by minikites
1772 days ago
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It's not a cheap reaction to them "doing something cool", people this wealthy have not earned the right to be celebrated, because wealth is not a virtue. Multibillionaires actively make the world a worse place and their wealth comes at the expense of thousands below them. One individual should not have that much economic sway, they're like unelected nobility, unaccountable to anyone. They represent a staggering policy failure to build a humane society and their donations to charity, if any, are not a good substitute for what they have taken from society. Andrew Carnegie gave back substantially (76 billion, adjusted to GDP) to the society from which he derived his wealth. Billionaires these days are far less charitable. https://www.msn.com/en-us/money/other/ceo-says-billionaires-... >Based on these figures, MarketWatch reported Bezos donated just .5 percent of his net worth last year - a quarter of the 2 percent the average American donates each year. https://www.theguardian.com/commentisfree/2020/apr/12/americ... >And why should we believe that Gates or any other billionaire’s “boldness” necessarily reflects society’s values and needs? Oligarchies aren’t the same as democracies. |
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