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> It merely increases the wealth of those employees by a bit. What about fighting malaria? What about fighting climate change? Do you seriously expect all thos
by js8 7y ago
> It merely increases the wealth of those employees by a bit. What about fighting malaria? What about fighting climate change? Do you seriously expect all those recipients of $100k would all contribute as much proportionally?
Yes. In a sane democratic system, I would expect government to finance these projects. And it does.
Now you can somehow make an argument that people in democracy are less likely to support these projects than they are alone as wealthy people. I don't see how it would work. Self-selected billionaires are on average less selfish than ordinary people?
- TeMPOraL 7y agoThere are more important observations to make: - The budget of a democratic nation isn't under direct control of its constituents, so average selfishness of the citizens has nothing to do with it. - A democratic nation has lots of interests jockeying for the budget, and can easily swallow arbitrary amounts of money. - Almost all of that money is spent on improving the things for that nation, so a nation state is not the best organization to task with solving a global/international problem. Most importantly though, the more diffused the money, the less effective it is. Coordinating people costs a lot (think of how much charities spend on advertising!). With his fortune, Gates can just drop $60M on some promising anti-malaria activity; in the alternative reality d-d/you are proposing, it's unlikely that 600 of his employees would suddenly coordinate to drop their $100k on that operation; most likely, no money would be donated at all. So the argument essentially boils down to focus. Much like with distractions and personal productivity, both the market and a government budget can absorb arbitrary amounts of diffuse money with little of value to show for it; it takes focused, bulk money under control of a person to move the needle on some issue.
- mozey 7y ago> Coordinating people costs a lot Does it really? Even before social media and the internet, what put humans apart was our ability to co-ordinate efficiently
- TeMPOraL 7y agoYes. We coordinate efficiently in small groups. Less than Dunbar's number, generally. Beyond that, we use hierarchical governance, laws, money and markets as crutches.
- js8 7y agoI don't buy the focus argument. It looks to me as an argument against free market, towards some kind of central planning. Focus can be surprisingly inefficient. Isn't the whole point of free market that the money end up distributed to citizens (consumers), who then choose what to do with it, and what problems to tackle? I also think we have Bill Gates (very focusedly) fighting malaria on one side, and Koch brothers (also focusedly) fighting for coal on the other. I am not convinced that in the sum, the side of Bill Gates has won. If we perhaps diffuse the money, maybe we will actually find enough people to fight malaria, but there will be less people willing to spread lies about climate change. Because there are actually more ordinary people having trouble with malaria than ordinary people having trouble what to do with a coal mine once coal mining gets out of fashion.
- TeMPOraL 7y agoIt is an argument against free market - to the extent that some people think it's a panacea for all problems. It isn't. Free markets work best when needs are diverse and not easy to identify. The money flows along feedback loops and finds its way to where it serves best. At least for a while, until those with money use it to redirect more money towards them. But that's a topic for another day. Ultimately, both Gates and Koch brothers got their money in the free market. It's hard to have one without the other. I think it's best to encourage more rich people to be like Gates, because we'll always have plenty of Kochs.
- rubber_duck 7y ago>Yes. In a sane democratic system, I would expect government to finance these projects. And it does. Have you ever tried to get something funded by a government program ? I would bet 10/10 times that a competent leader (which Gates is beyond a doubt) is going to be more efficient at executing on a goal than a bureaucratic system passed down between governments, parties and agency interpretations. And that's assuming that money gets allocated towards the said goals, so much stuff gets funded that very few tax payers would support as a result of lobbying (which is always going to happen when you funnel that much money through politicians) and even if it gets allocated to the desired goals it then goes through contractors with connections that add a government markup + the overhead of keeping up with the bureaucracy. Just having someone as competent and connected as Gates tackling that problem is a huge value add, getting that calibre of a person through a government system is very unlikely.
- mrpopo 7y ago> a competent leader (which Gates is beyond a doubt) is going to be more efficient at executing on a goal ... Bill Gates was perhaps a competent businessman, exploiting his powerful network, intellectual property laws, destroying the competition, lobbying. He was ruthless. It doesn't make him competent at everything. Especially something like climate change that requires a global policy of reduction in energy use (anyone who tells you climate change will be solved by innovation, energy efficiency, solar panels and fusion alone is lying to you.) Bill Gates invested billions on nuclear energy innovation for a decade now. http://edition.cnn.com/2010/TECH/02/12/bill.gates.clean.energy/index.html http://edition.cnn.com/2010/TECH/02/12/bill.gates.clean.ener... What are the results? The world's energy use kept piling up, instead of being replaced by clean energy sources. Any decrease in GHG emissions in the developed world is a consequence of globalization and automation. It's just accounting. The GHG emissions have increased elsewhere. Climate change is a governmental problem that requires investing in energy use reduction, insulation, public transportation, and the like. The solutions are there and have been for decades, but won't be implemented because we keep listening to tech evangelists.
- TeMPOraL 7y ago> Climate change is a governmental problem that requires investing in energy use reduction, insulation, public transportation, and the like. It's not a governmental problem, it's an inter-governmental problem. Don't forget that governments are in competition with each other as much as your local grocery store is in competition with a Wallmart on the next street. There are two strategies to tackling global warming that I firmly believe are completely ineffective: hoping for individuals to suddenly reduce their consumption, and hoping for politicians to swiftly pass necessary regulations in their countries. Both are essentially the same: asking someone to make sacrifice and suffer immediate negative consequences, and paying them with hope that others will volunteer to do the same (instead of doing nothing and enjoying the relative increase in status/wealth/power). The reason to invest in research and new technology is because it gives a way out of the conundrum. Technology gives additional options to politicians. For instance, where no sane policymaker would mandate immediate restrictions on energy production in a nation powered by fossil fuels, dropping prices and increasing availability of solar PVs makes it easy to start funneling money into renewables, which a) makes the politician look progressive/pro-eco, b) allows to decarbonize energy production without reducing it and making the nation less competitive. So basically - yes, the governments are ones with the power and means to solve this problem. But they won't just go and do it, for the same reason companies on the market don't just agree to do something together. If you want to push them to change, you have to go along with the incentive structures that govern the nations.
- mozey 7y agoProgress implies moving in a direction or towards a specific destination. Maybe the reasoning is that with a couple of billionaire philanthropists there is a smaller number of directions or destinations so the odds of hitting them is more likely. With government deciding and ordinary people contributing taxes, there is a multitude of officials and citizens all pulling in different directions. So, basically the same argument you would make in favor of dictatorship.
- eru 7y agoDemocracy is good because people can govern themselves. The smaller the unit of decision is, the better. So in a big nation, you have perhaps 300 million people, so each vote only has 1/300 millionth of an influence but over 300 million people. In a small town, you have perhaps 500 people, so each vote has 1/500th of influence over 500 people. Well, when Bill Gates decides what to do with his money, it's 1/1th of influence over 1 person's wealth.