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The US has almost 1000 billionaires. Any one of them could decide to mobilize researchers for this purpose, but instead they have decided it's not worth doing t
by dqpb 4y ago
The US has almost 1000 billionaires. Any one of them could decide to mobilize researchers for this purpose, but instead they have decided it's not worth doing that. In fact they have decided it's not worth mobilizing anybody to do anything with that extra money. Why?
- SemanticStrengh 4y agoIgnorance and mediocrity have much more explanative power than malice
- dqpb 4y agoI don't think it's malice. I think wealthy people are predominantly focused on keeping their fortune in-tact, and growing. I don't think they feel a great responsibility to spend it. But, in my view, the whole point of capitalism is to allocate decision-making authority to those who make good decisions. If it gets allocated to people who choose to defer those decisions indefinitely (by not spending the money), then I think that's a major failure of the system. It may be that not spending the money is the best decision. But, as someone who see's opportunities for improvement literally everywhere, I fail to see how that's possible.