Why a German billionaire says that pledges like Mark Zuckerberg’s are really bad

Re:Why a German billionaire says that pledges like Mark Zuck... by mynameishere on Thursday December 03, 2015 @12:26PM (#10670922)

It depends on what you like. Many people are probably happy that organizations like the Ford Foundation will advocate globalist left-wing anti-Americanism forever. Bill and Warren and Mark's money will do the same as well, no matter their intentions. O'Sullivan's law.

There's no point in arguing about whether the state is better suited to handle the money. It would actually be better off cashed out, piled up, and burnt. Literally. A tiny deflationary event vs. eternal troublemaking.

[ Parent | on HN ]

Re:Why a German billionaire says that pledges like Mark Zuck... by kuschku on Thursday December 03, 2015 @12:42PM (#10671086)

I’ll just let you know that without the money spent by the German government you wouldn’t have mp3, or AAC.

You wouldn’t have most of modern technology, nor would you have Wendelstein 7-X.

You wouldn’t have DHL or T-Mobile.

Sure, they waste lots of money (BER, S21, Elbphilharmonie), but still they manage it better than the private sector ever could.

The top politicians earn less than the managers of any company at that size — Merkel earns 216'000€ a year. The CEO of even middle-sized companies end up making far more than that.

[ Parent | on HN ]

Re:Why a German billionaire says that pledges like Mark Zuck... by pyvpx on Thursday December 03, 2015 @12:55PM (#10671191)

uhh, DHL was started by three folks in California.

[ Parent | on HN ]

Re:Why a German billionaire says that pledges like Mark Zuck... by kuschku on Thursday December 03, 2015 @01:21PM (#10671461)

And is owned by Deutsche Post nowadays, a German governmental entity.

[ Parent | on HN ]