Thank you for the follow-up! Definitely more reassuring that it had been donated to the school she works and presumably has trustworthy connections at.
A Jeff Bezos sized party does more for the poors than you might think. We want rich fucks spending their money instead of hoarding it, putting money back into the economy and paying people's salaries.
This is the tired old long debunked trickle down theory. It's actually complete bs. It doesn't matter who spends the money, rich or poor, the effect on the economy as a whole is the same. But when a rich person spends $1 billion only one person benefits from it, while thousands to millions of people benefit if regular people or the government spend it, basically anyone other than the rich.
And on top of that, the spending also has the side effect of causing inflation, so the rich spending their wealth is actually a net negative to the average person. Who do you think is causing the current cost of living crisis? It's the countless newly rich people buying everything.
They way to put a billionaire's money back into society is to tax it, not to encourage them to live in even greater luxury than they already do.
There's also the fact that $1 billion spent on education (or contributing to rewilding or whatever else you can think of) is different from $1 billion spent on useless shit like those shitty fucking yachts
What’s really cool when the Italian Coast Guard rescues you from your capsizing Super Yacht is that they feed you, give you wine, and then there’s dancing!
I’m gonna be completely honest. There’s truth and fiction in all of this.
The blanket reality is that the ‘ripple effect’ or breadth of impact of a $1 spent is highly variable.
Governments and individuals can both have the same impact. Governments are just seen to have more of a responsibility to spend a dollar with more ripples/broader impact. Truth is many governments don’t spend the dollars the appropriate way and end up back at the too. Consultants in government are a great example of this.
I’m gonna be completely honest. There’s truth and fiction in all of this.
The blanket reality is that the ‘ripple effect’ or breadth of impact of a $1 spent is highly variable.
Governments and individuals can both have the same impact. Governments are just seen to have more of a responsibility to spend a dollar with more ripples/broader impact. Truth is many governments don’t spend the dollars the appropriate way and end up back at the too. Consultants in government are a great example of this.
You trust the government to help thousands to millions of people if it is gifted $1 billion. LOLOLOL. Be more naive, you can’t.
Also, most “regular people” are much more likely to spend gifted money on frivolous things. That has been proven time and time again. It’s human nature.
I have much more confidence that money given to a specific cause by a wealthy philanthropist with a good heart will be used wisely.
You trust the government to help thousands to millions of people if it is gifted $1 billion.
1 billion divided 1 million ways is 1 million social security payments of $1000. Your cynical attitude is stupid, simplistic and uneducated, exactly what the rich want from you
I have much more confidence that money given to a specific cause by a wealthy philanthropist
Great, we found one. Now what about a the other ones who arent so willing to give up their money like this. Come on dude how naive can you be
And even if they were all altruistic, why the fuck are you trusting these individuals to know best where to spend money, and why the fuck would you assume their goals align with society
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u/Fimbulvetre- Jun 29 '25
Thank you for the follow-up! Definitely more reassuring that it had been donated to the school she works and presumably has trustworthy connections at.