So I just read Bill Gates’ 1976 Open Letter To Hobbyists, in which he whines about not making more money from his software. You know, instead of being proud of making software that people wanted to use. And then the bastard went on and made proprietary licences for software the industry standard, holding back innovation and freedom for decades. What a douche canoe.
That’s why one should not trust billionaires who make noises about changing the world for the better. It is merely to stoke their egos. I’m not even religious anymore but I still remember being taught that it is better to share the success without bragging about it. There are genuinely good rich folks, but they don’t brag about how nice they are. Chuck Feeney, the billionaire founder of Duty Free, quietly donated the majority of his wealth by the time he died. He was left with $2 million after the donations and was renting an apartment in New York. There is also a millionaire who built houses for the homeless. But I would say that the “good ones” are far and few.
However, the darker side of trying to “be rich and be quiet about it” are some billionaires donating to regressive causes. I think I don’t need to mention the Koch brothers and Murdochs. Being the “power behind the throne” is more effective way to actually wield power. That’s why I don’t think ridding Trump will solve anything unless there is a more robust system to prevent money in politics being put ever again.
The “doing good” thing is just a cover to avoid paying taxes. All the money Gates has donated just went to charities he set up and his heirs own/control…
Precisely. And to belabour the point, if they really want to “do good”, just shut up and do it. No need to announce on the megaphone that they are good for wanting to donate most of their wealth, but are still billionaires and getting richer. If they are serious about helping, their net worth would have decreased by now and would not be billionaires anymore.