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It is pretty clear that the growth in living standards over the last 100 years has a lot more to owe to the accumulation of capital goods than the working of ch
by jacoblyles 16y ago
It is pretty clear that the growth in living standards over the last 100 years has a lot more to owe to the accumulation of capital goods than the working of charity. It's true that charity can alleviate short-term suffering, but Mr. Slim's assertion has a lot of historical support to it.
But charity probably does a lot more for the giver. I imagine giving $10 billion makes you feel about as good as making the $10 billion in the first place. Society will certainly admire you more.
- duck 16y agoI imagine giving $10 billion makes you feel about as good as making the $10 billion in the first place. I would hope it would make most people feel better... a lot better.
- JeffL 16y agoWhy? Anyone who has or inherits $10 billion can give it away. It takes nearly no skill. Only a very, very few people in the history of history can make $10 billion.
- duck 16y agoWell, I pretty sure that after a certain amount you become somewhat numb by gaining anymore. With giving you would get a sense of doing good for those you might need it more than you. My comment wasn't really about the actual amount, but rather just in general the happiest people are the ones that give more than receive.