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Microsoft brazenly, fiercely ignored antitrust law. There's endless evidence in court on their attempts to illegally block the adoption of Java and Netscape Nav
by ESchmidtSeesYou 16y ago
Microsoft brazenly, fiercely ignored antitrust law. There's endless evidence in court on their attempts to illegally block the adoption of Java and Netscape Navigator. They were found guilty in U.S. v. Microsoft. And every web developer knows how much damage IE6 did to the progress of the internet. Gates' fortune is unquestionably tainted.
That said, the majority of economists would probably more or less agree with Slim. Buffett, Gates, and Slim could amass wealth faster than pretty much anyone else on earth. Just leaving the money invested in the global economy is not a priori worse than giving it all to charity. Compound growth is obviously self-sustaining growth. The HOPE is that charity can do the same.
Giving away tens of billions of dollars is an ENORMOUS informational problem. Good luck allocating it all even the least bit efficiently. The real answer is that no one can possibly know what the best use of all that money is.
What would I do with the money? Probably put it all in a Vanguard Total Market fund, or the closest fund imitating the true world economy.