Why There's No Such Thing as a Good Billionaire
Adam Conover1 HN recommender · recommended in 1 month, 2022–2023
commentary · general · 2022–2023 on HN
Adam Conover argues that billionaire philanthropy is harmful, using examples like Patagonia's Yvon Chouinard. He says we should stop accepting the myths about benevolent billionaires.
HN uses it in threads about wealth and charity, either as support for the view that no billionaire is benevolent or as a contested counterpoint.
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4 comments from Hacker News
There are no such things as benevolent billionaires. There’s a problem with a society that enables billionaires to exist at all. It shouldn’t even be possible but we’re here for a lot of reasons. ▶ this video
Adam Connover has a video that pretty directly contradicts this assertion. I'm sure the truth is somewhere in-between. ▶ this video
> why the ultra rich, once they've cashed out, create foundations that hand out grants? Not qualified to say whether this is exactly the case here, but I think this video about charities/funds as power-wielding vehicles bears some relevance: ▶ this video Disclaimer: not a big fan of the delivery style in the video.
I didn't read they article but I don't have to... ▶ this video It's all about avoiding taxes. It's an 120 years old story.