In this on-going
philanthropic stage in his life, Bill Gates’ endeavor (along his beloved wife,
Melinda) seeks to claim victory in the most difficult fights against the
enemies of humanity.
Think what you like
about economic theory and defend whichever standpoint you’ve chosen to defend
but, regardless of left or right, libertarian or statist, the world cannot
afford to build the sustainability o its economic systems and economic
development based on the altruism and donations of the likes of Bill Gates. In the essay
titled: “Here’s my
plan to change the world”, Bill addresses some of the aching problems of
our world that are killing millions of human lives and hopes… and the way he
plans to solve them, something that only a person in his position can devote
time to plan realistically with a shot to success. But, he also makes a
case for philanthropy and tries to teach the whole world a lesson:
I have been sharing my idea of catalytic philanthropy for a while now. It works a lot like the private markets: You invest for big returns. But there’s a big difference. In philanthropy, the investor doesn’t need to get any of the benefit. We take a double-pronged approach: (1) Narrow the gap so that advances for the rich world reach the poor world faster, and (2) turn more of the world’s IQ toward devising solutions to problems that only people in the poor world face. Of course, this comes with its own challenges. You’re working in a global economy worth tens of trillions of dollars, so any philanthropic effort is relatively small. If you want to have a big impact, you need a leverage point—a way to put in a dollar of funding or an hour of effort and benefit society by a hundred or a thousand times as much.
We love you, Bill
and Melinda Gates. The whole world is grateful for having you, the many lives
you’ve saved and enhanced, the abundant knowledge you have shared and divulged;
each and every one of the people that have strived and triumphed thanks to your
charity and are now active in changing the world for the better. But even your
philanthropy has a cost and that just might be people, companies and governments
bailing out of charity and investment in education and social responsibility
because that is “for the rich to give back to the communities of the world” and
“Bill is already on his way”.
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