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Well, three things. First of all, I searched and couldn't find he's actually giving $10b. What I mean is that I don't know if the $10b accounts for any Amazon
by inerte 7y ago
Well, three things.
First of all, I searched and couldn't find he's actually giving $10b. What I mean is that I don't know if the $10b accounts for any Amazon investments / costs.
Second, it's not -$10b if he's getting a tax break for some of this. It's $7.6b as someone else mentioned. I know, still a lot of money! But he's not loosing $10b from his fortune.
Third, in this case you happen to think it's a win for society and the future of humanity. Other billionaires give money for causes they believe, like The Koch family for "advancing liberty and freedom", or Bloomberg advocating for a third term as mayor. The lack of accountability for the influence billionaires have in our society should be a concern. We praise when they give to causes we believe, but the system that allows them to do this has nefarious byproducts. It's like we're watching billionaires shape our society and our culture and think that's alright.
- BurningFrog 7y ago> The lack of accountability for the influence billionaires have in our society should be a concern The thing is, a lot of us like that what people do with their own money is not accountable to the government. I think it's essential that not all of society is under control by a single central power. EDIT: As someone said on Twitter - "Say what you want about billionaires, I doubt any of them would have decided to give farmers $10 billion to not grow crops."
- dantheman 7y agoIt's always interesting that often those who yell the loudest about private power / monopolies (even when they're not), are always advocating for more power in the monopoly of violence - the government.
- inerte 7y agoThis "single" central power is actually 250M potential voters, 130M actual voters, 20M workers, 90k, 50 states, and 20k cities / town / villages. On the other side, 600 billionaires. Which because they figured out how to earn and keep a lot of money somehow makes them capable of fixing women's issues, racial conflicts, climate change, mass incarceration, homelessness, education, hunger, and healthcare problems. Somehow, they will do all that without influencing public policy, in a sustainable, ethical, morally justifiable and rightful way, so as long as we let them keep getting richer.
- oh_sigh 7y agoYou can whittle those 130M actual voters down into 25M voters in important swing states.
- BurningFrog 7y agoThe US federal government is absolutely a single central power. That its leadership is selected democratically is good, but doesn't change that. I don't expect billionaires to be perfect, but so far none of them has invaded countries for mistaken reasons, killing hundreds of thousands of people, or locked up millions in a War on Drugs.
- inerte 7y agoI think we can quibble on what central really means, but the fact that they're democratically elected is the important part here. We make the government, and can direct its actions to what should benefit us the most. None gets a saying on what the Koch family or Bezos do with their money other than themselves. > I don't expect billionaires to be perfect, but so far none of them has invaded countries for mistaken reasons, killing hundreds of thousands of people, or locked up millions in a War on Drugs. I know a lot of people that would pin the gratuitous invasion of other countries on the industrial-military complex and control of oil and all the money that depends on it. The War on Drugs is a shame, and harder to blame on rich people, probably with the exception of private prisons, which is a relative recent development. Are there any billionaires trying to solve this problem? Spending money to change policies so drugs get treated as a public health problem? Fighting against police brutality and racism? Curbing sales of opioids? And inversely, are any billionaires fighting for the police state? Militarizing the police? Putting more and more opioids on the streets? Privatizing prisons? Selling junk food? Cigarettes? Animal factory farming? Massive student debt? Destroying elections? Fighting against unionization? Any of them against climate change? Is all that we have left the hope that Bezos has more money than someone who owns a coal mining company so we get the climate change efforts we want? Are we betting the future of the planet on a hope that the richest people alive will be on our side?
- BurningFrog 7y ago
- 0x1221 7y ago> Second, it's not -$10b if he's getting a tax break for some of this. It's $7.6b as someone else mentioned No. It's $10 billion. 10 billion that he won't pay tax on. But he gives $10 billion and the cause receives $10 billion. The $2.4 billion is money that the government won't get in taxes.