Democrats want us to believe that there is some cohort of “good billionaires” who can be relied upon to fight for political progress. But as the right-wing turn of tech billionaires like Mark Zuckerberg and Elon Musk suggests, this is nonsense.
There is no world issue that can be solved by just throwing money at it. Those issues have had MUCH more money thrown at them than all of the net worth of all billionaires on Earth combined, without being solved.
That seems obviously false, unless you’re proposing that all the charities in the world are scams and don’t actually do anything. I guess you could argue that as you throw money into saving lives, the low-hanging fruits get picked and the cost rises, so you can never saturate all the charities - but this is a very weak argument, since saving 99.99% of all the people in the world from hunger or poverty would be about as good as 100%. Just because there’s diminishing returns doesn’t mean it’s a doomed cause.
That seems obviously false, unless you’re proposing that all the charities in the world are scams and don’t actually do anything.
Charities do more than throw money at problems. This doesn’t contradict my point at all, which is that money alone is not the answer–if it was, all of these problems would have been solved by now.
As a small example, you can’t truly solve world hunger until you achieve world peace, and you can’t buy peace.
That seems obviously false, unless you’re proposing that all the charities in the world are scams and don’t actually do anything. I guess you could argue that as you throw money into saving lives, the low-hanging fruits get picked and the cost rises, so you can never saturate all the charities - but this is a very weak argument, since saving 99.99% of all the people in the world from hunger or poverty would be about as good as 100%. Just because there’s diminishing returns doesn’t mean it’s a doomed cause.
Charities do more than throw money at problems. This doesn’t contradict my point at all, which is that money alone is not the answer–if it was, all of these problems would have been solved by now.
As a small example, you can’t truly solve world hunger until you achieve world peace, and you can’t buy peace.