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I disagree - I think this act was amazing and great but it only happened because of one person's personal decision. Plenty of billionaires chose to spend their
by munk-a 3y ago
I disagree - I think this act was amazing and great but it only happened because of one person's personal decision. Plenty of billionaires chose to spend their money in other ways and, while we could afford to freely educate everyone if we worked together, education is currently the source of a lot of financial stress.
There's the old Churchill quote "Democracy is the worst form of government, except all those other forms that have been tried from time to time." Autocracy is extremely effective in some circumstances and absolutely atrocious in most. The public should have some say in expenditures of this size - and if our current government has grown too corrupt to be trusted with that expenditure than that's a separate problem that we also need to solve.
There will always be inefficiency and corruption - but the more eyes and transparency we have the more we can combat that corruption.
- ryandrake 3y agoMy problem with relying on philanthropy is: What happens when the donor is not so wholesome, and instead donates their $1B to a terrible or deadly cause, like a group bent on hate, discrimination, erasing people's rights, ethnic cleansing or some other evil? Is that just as OK from the "let people do what they want with their money" point of view? What if a billionaire donated their fortune to a cause that would result in your suffering?