Uplifting News

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356

Bill Gates vows to give away 99 per cent of his fortune by 2045 (www.watoday.com.au)

submitted 1 day ago by NotAnotherLemmyUser@lemmy.world to c/upliftingnews@lemmy.world

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[–] LaLuzDelSol@lemmy.world 3 points 3 hours ago (1 children)

Bank robber? Stolen funds? Huh?

[–] echolalia@lemmy.ml 1 points 34 minutes ago

I guess I will over-explain my snarky comment.

I'm making an analogy with robbing a bank, something that everyone would agree is a criminal activity because:

Bill Gates is a billionaire. Billionaires hoard wealth that they cannot possibly spend in their lifetimes and use that excess wealth to influence our political processes to get what they want. The existence of billionaires is violence, just not the sort of direct violence we all recognize.

If you don't find that point convincing:

The only reason Bill Gates is as wealthy as he is is due to Microsoft being so profitable. I think it's funny how quickly everyone has forgotten how anti-competitive and scummy Microsoft was during the 1990-2010s (and even today), and they definitely wouldn't be where they are today without those practices. If you believe in free markets, this should make you angry, because competition is good for the consumer. Anti-competitive practices could be seen as a type of theft here.

A great deal of his wealth is unearned and comes at a cost to society in the form of an unfair technology market. He is the benefactor of a system who rewards those who have the most already, a system that allows your neighbors be homeless, sick and/or without basic necessities.

Kind of like a bank robber has unearned wealth. A bank robber (who got away with it!) giving away their unearned wealth to their favored charities doesn't really belong in Uplifting News.