4 ms·
Meh.. what is this "wealth"? At a certain point, (unless you're just stupid), you don't buy "stuff" with your money. When you have > $100 million, I prefer to
by Xcelerate 14y ago
Meh.. what is this "wealth"?
At a certain point, (unless you're just stupid), you don't buy "stuff" with your money. When you have > $100 million, I prefer to think that you instead have the capability to direct the flow of cash in the economy. Yes, some people buy yachts and other nonsense, but really, what are you going to do with that much money?
There's a chart somewhere out there on the internet detailing exactly what Bill Gate's money is going into. And it's interesting, because a lot of it is going into things that help people. Now consider, what if Microsoft never existed; where would this money be? It would mean the average person would have a little more probably. But Gates is directing it toward people that have the least of all (among some university donations, etc.)
I've always told myself that if I somehow ever came across a lot of wealth, I wouldn't live any differently. I wouldn't own a car > $30,000. I wouldn't buy an extravagant house or a nice piano, because personally, I would feel guilty about having luxury items like this when other people have so little. I'm not judging people that do; I'm just saying that for me personally, it wouldn't work. So I would put my wealth into 1) disease research 2) education 3) 3rd world support. Maybe some other things; I'd have to think more about it.
And I'd hate someone to say "Oh, look at how rich that person is. It's not fair."
EDIT: Nothing's worse on HN than writing a long response and having the article jump from the 1st page to the 3rd. I may as well be writing to nobody.
- pyalot2 14y agoI was gonna write a lengthy response to your comment, but then, I don't need to, a rich person already held a TED talk exactly why gross inequality is problematic: http://www.youtube.com/watch?v=iIhOXCgSunc http://www.youtube.com/watch?v=iIhOXCgSunc