Daily Archives: September 15, 2018


If Jeff Bezos wants to help low-income people why not just pay them better?

The Guardian has the opinion piece If Jeff Bezos wants to help low-income people why not just pay them better?

The rule you learn on Day One of being a billionaire philanthropist is that you don’t give money via pay packets to the poor people who literally already work for you. They’d only spend it poorly. However, if they want to humbly queue up and apply for it via some thinly disguised hardship grant that you take the applause for, that’s a different matter. Dignity is something you hand out, not something that others get to earn. I missed this bit in The Wealth of Nations; I guess there’s a sealed section.

If nothing else, this article should soothe the souls of frustrated Progressives. It surely does not mince words.

As for the philanthropy of people like Bill Gates and Warren Buffet, I have always wondered if the society would have been better off if they hadn’t fist sucked so much wealth from the rest of us and put it into their own pockets, and then given back a small piece of what they took (or even all of what they took).