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Eh? My city has many beautiful parks that were private estates. They were simply given to the city by their wealthy owners. Rich people can do this now if they
by masfuerte 3y ago
Eh? My city has many beautiful parks that were private estates. They were simply given to the city by their wealthy owners. Rich people can do this now if they want to.
- washadjeffmad 3y agohttps://faculty.mercer.edu/davis_da/fys102/baconsfield.html https://faculty.mercer.edu/davis_da/fys102/baconsfield.html Many properties are not "given", but managed in trust. As in the above example, while Baconsfield Park lasted for over half a century, control was reverted (wrongly) to the heirs, and the land was sold off.
- masfuerte 3y agoThat's the point. Rich people are free to make generous benefactions but they'd rather retain control and when that's impossible they whinge that society is limiting their generosity.
- keiferski 3y agoThat is just charity, not investment. Renaissance artworks weren't funded as a charity.
- masfuerte 3y agoNor as an investment.