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> shark foundations Characterizing the Gates foundation as sharks? Interesting. > when it’s been a long time since we’ve known it has really bad effects and i

• coldtea 7y ago
  >Characterizing the Gates foundation as sharks? Interesting. Don't know for the parent, but as a European, where we have seen all kinds of things in the political and economic sphere, we tend to be less gullible and more cynical. Many charitable funds are basically ways to take huge tax breaks and still have control of your money. Others are based on you giving an insignificant amount of your fortune (which can still be huge percentage wise, but it's insignificant in its consequences to you: if you have 100 billions, even giving away 99 of them leaves you with enough money to sustain a lavish lifestyle for several generations) and trade it for a say in global politics and power. In other words, you use your funds to 'play god' and help manage the world the way you like it... >What? source for that claim please. It's far from an obvious or widespread idea that making access to small amounts of capital easier leads to more problems for poor people. https://www.businessinsider.com/hundreds-of-suicides-in-india-linked-to-microfinance-organizations-2012-2 https://www.businessinsider.com/hundreds-of-suicides-in-indi...