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Re:David Rockefeller has died by kolanos on Monday March 20, 2017 @12:38PM (#13915547)
"Some even believe we [Rockefeller family] are part of a secret cabal working against the best interests of the United States, characterizing my family and me as 'internationalists' and of conspiring with others around the world to build a more integrated global political and economic structure -- One World, if you will. If that's the charge, I stand guilty, and I am proud of it."

- David Rockefeller, Memoirs, page 405

Re:David Rockefeller has died by teslabox on Monday March 20, 2017 @01:11PM (#13915838)
From the article:

> Rockefeller upheld the family’s philanthropic tradition, giving away more than $900 million during his lifetime. In 1940, he joined the board of the Rockefeller Institute for Medical Research, established in 1901 by his grandfather, and a decade later succeeded his father as board chairman, serving for 25 years.

Rich people don't give money away no-strings-attached, they channel it for their purposes. This "institute for medical research" - now Rockefeller University - was their way of guiding the development of medicine into a profitable industry for "investors".

"The first director of laboratories was Simon Flexner" [1] [1] https://en.wikipedia.org/wiki/Rockefeller_University

Simon Flexner's younger brother was Abraham Flexner, who helped the medical guild reduce the number of medical schools [2], thereby making sure that there's always been a shortage of doctors.

[2] https://en.wikipedia.org/wiki/Flexner_Report

The Osteopathic profession was the only group that was organized enough to survive the Medical Guild's purge of non-Rockefeller-approved approaches to medicine. Today D.O.s are more likely to take up Primary Care, where doctors take time to get to know their patients and figure out what's actually causing their complaints. See The Heroism of Incremental Care, [3] for example.

[3] http://www.newyorker.com/magazine/2017/01/23/the-heroism-of-...

Re:David Rockefeller has died by reckoner2 on Monday March 20, 2017 @02:04PM (#13916288)
I finished "Titan: The Life of John D. Rockefeller" a few nights ago. It's a mammoth of a book and I believe the undisputed most accurate and comprehensive look at his life.

I think that what you've written here is incredibly misleading when talking about John D. Rockefeller's philanthropy in particular. It is wrong to imply the Rockefeller's secretly controlled strings in order to make profits from their donations. Time and time again he gave away vast sums of money and did everything in his power to separate himself completely from the donation. His largest fear about donating was that the public would label his donation as tainted money. He wanted no influence over, and never visited with most of the receivers of his donations. His only concern was that institutions should not be wholly dependent on his philanthropy, and work to raise money from other sources as well.

The Rockefeller institute for Medical Research is one of the most successful examples of philanthropy ever. And Rockefeller may only be eclipsed by Bill Gates as the greatest philanthropist ever.

You can absolutely (and should) criticize his business practices, but Rockefeller literally created the model of what a successful philanthropist should do.

Re:David Rockefeller has died by curun1r on Monday March 20, 2017 @06:27PM (#13918201)
> And Rockefeller may only be eclipsed by Bill Gates as the greatest philanthropist ever.

This statement reeks of hero worship and seems myopic to me. For one, both of these billionaires became rich through what most view as morally dubious monopolistic practices that had a high degree of collateral damage. The amount that both men are giving back/gave is/was a percentage of what they took. And when that percentage is under 100%, they're taking more than they're giving. That is assuming a zero-sum game, which isn't always true. When someone creates new value, either by invention or work, they can take wealth out of the system and still leave the rest of the system in a net positive state. But I'm strongly of the opinion that both Gates and Rockefeller left the system in a significantly net-negative state, even with all their philanthropy. There's a reason the cohort that Rockefeller was a part of wasn't termed "Donor Barons" despite the legacy of significant charitable contributions from that massive wealth. I don't think it's out of line to include Gates in that group since the tactics he used to achieve his wealth are very similar.

This, to me, puts both of them significantly behind average people who create more value than they take and donate small sums to charity. The man who gives his one and only dollar to charity is far more philanthropic than the man who gives $99b of his $100b. The people who devote their lives to helping others are the ones we should respect, not the people giving billions while still holding billions in reserve for themselves.

Re:David Rockefeller has died by xd360 on Monday March 20, 2017 @11:59PM (#13919777)
You really need to learn about Bill Gates before you judge him and publicly express your misguided views. Bill Gates has committed to give all of his wealth to philanthropy over his lifetime, leaving only $10 million for each of his 3 children after his demise. That means $30 million of his (current) $80 billion networth is all that will be left for his family whereas the rest goes to charity. That's philanthropy of over 99.999% personal wealth donation. I think by this he satisfies your 100% donation criteria.

You say that a person who gives 100% of his wealth to charity is bigger than one who gives 99%. The amount matters, not percentage. If Bill Gates had your mentality, then at which point do you think he should've given away 100% of his wealth? When he made $100 million or when he made $1 billion? Be reminded, if he had given up 100% of his wealth at those figures, he would never have had any significant money left to increase his wealth, so all those charities and research efforts of his that have received $30 billion+ of his wealth so far wouldn't have existed (the figure was $28 billion in 2013, don't know what it is now).

Bill Gates knows the value of creating value. He knows its better to teach fishing than to give fish. He invests money in research instead of just giving it away blindly because he knows that the outcome of that research will save/improve more lives than giving that money away directly. Again, he also knows that giving away all the money now isn't a better idea since as science progresses, better research will come along that'll need his funding, so he's keeping enough wealth to support those venture if and when they come along. If they don't come along during his lifetime, all of his wealth will anyway go to charity after his death (except $30 million for his children).

His business practices were cutthroat, but that was back when he was younger and not an active philanthropist. As a philanthropist, I think he's the greatest person of all time. Numbers matter, his billions have done more for mankind than misinformed people like you will ever care to admit. So go do some research before you bad mouth him ever again.

Re:David Rockefeller has died by curun1r on Tuesday March 21, 2017 @02:04AM (#13920184)
> You really need to learn about Bill Gates before you judge him and publicly express your misguided views

I don't care about any of his philanthropic deeds. As far as I'm concerned, they're all "fruit of the poisoned tree." Without his misdeeds, he'd never be in position to be the philanthropist he's become. If you want to talk misguided, you seem to think that he can atone for his past misdeeds. You're wrong. He set back computing at least a decade, killed off several competitors that were genuinely making the computing landscape better and cost businesses billions that they didn't need to spend. As far as I'm concerned, every bit of good that he's doing now could have been done by the others who would have have the money that's now his. It's the broken window fallacy to assume otherwise.

Perhaps you should learn more about his bad behavior before you accuse others of being misguided.

Re:David Rockefeller has died by piva00 on Tuesday March 21, 2017 @06:12AM (#13920935)
Your kind of world view is too black or white, you are lacking the continuum spectrum of gray that permeates all of human existence.

I'm not the one to defend Bill Gates, I think his business practices were atrocious for a lot of industries and we are going to feel the wake of it for a while. With that said, I still think you have too much of a romanticized view of how the world "should be", the world isn't that and it has already happened, that ship has sailed and now Bill Gates tries to pay back to society with the value he created (or siphoned if that's your view), it is what it is.

It's impossible to tell whatever would happen if there was no Bill Gates business practices in the world, you can't say "every bit of good that he's doing could have been done by others", that's an impossible statement to assert.

Re:David Rockefeller has died by Chris2048 on Tuesday March 21, 2017 @01:19PM (#13924223)
Isn't is inconsistent to say a

> world view is too black or white

yet also say:

> that ship has sailed

It is impossible to tell whatever would happen if there was no Bill Gates business practices in the world; Maybe if I burn down your house you'd find hidden gold coins in the ashes? You should still oppose me burning down your house.

Re:David Rockefeller has died by reckoner2 on Monday March 20, 2017 @10:59PM (#13919510)
He's be no means a hero to me, but you do raise interesting points.

I'm really not sure if Rockefeller gave more than he took. That's a tough question to answer. Is a world without Standard Oil, but also without his incredibly vast and important array of philanthropic works a better one? I don't think I can make this argument. Many aspects of modern medicine, public sanitation, public health, and public education are all in debt to his charitable work. Did those not improve the world more than his anti-competitive business practices hurt it?

Re:David Rockefeller has died by ravitation on Monday March 20, 2017 @02:19PM (#13916394)
A question out of pure ignorance: the parent comment was speaking on David Rockefeller, did he (David Rockefeller) treat philanthropy in the same way (not just superficially) as his grandfather?
Re:David Rockefeller has died by reckoner2 on Monday March 20, 2017 @02:32PM (#13916499)
I'm ignorant about David Rockefeller as well. And it may be right to criticize David. But the parent comment was actually talking about events related to John D. Rockefeller's philanthropy, not David's. John D. Rockefeller did not pass on his wealth to his Son, let alone his grandson until after the events mentioned.

edit: for example: David was not even born when the Flexner report was released.

Re:David Rockefeller has died by ravitation on Monday March 20, 2017 @03:00PM (#13916732)
I'm not actually sure what the overall point of the parent comment actually is, since he start's with David's timeline and then cites the reduction in medical schools related to Simon and Abraham Flexner, but doesn't actually delve into why Osteopathic medicine survived the medical education reform, or into John D. Rockefeller's support for Osteopathic medicine in general.

So, while I see the implication, the parent never actually makes that implication explicit.

Either way, I think it's important to separate the actions of the grandson and grandfather.

Re:David Rockefeller has died by intended on Monday March 20, 2017 @01:22PM (#13915944)
>When Flexner researched his report, many American medical schools were "proprietary", namely small trade schools owned by one or more doctors, unaffiliated with a college or university, and run to make a profit. A degree was typically awarded after only two years of study. Laboratory work and dissection were not necessarily required. Many of the instructors were local doctors teaching part-time, whose own training left something to be desired. The regulation of the medical profession by state governments was minimal or nonexistent. American doctors varied enormously in their scientific understanding of human physiology, and the word "quack" flourished.

Interesting Wikipedia article.

And as I recall, the issue with medical colleges is more the residency, than the exams isn't it? I mean, that's why we trust doctors, because the bar is that high.

Re:David Rockefeller has died by rosser on Monday March 20, 2017 @01:54PM (#13916207)
> I mean, that's why we trust doctors, because the bar is that high.

Two thoughts:

1. The old joke, "What do you call the person who graduated from medical school at the bottom of their class?" "Doctor."

2. The ordeal of residency isn't about setting the bar "high", nearly so much as it's about, "well, I went through this shit, so you have to, too". (Source: I have several doctor friends. All of them think it's bullshit. All of them have been explicitly told that, in some form or fashion, by their colleagues, superiors, teachers, or otherwise.)

Re:David Rockefeller has died by kbenson on Monday March 20, 2017 @02:09PM (#13916321)
1. What do you call the the person who graduated from SEAL training at the bottom of their class? A SEAL. I get the joke, but part of the point is that top and bottom of the class are only relevant for those who actually graduate, and who is capable of graduating can be entirely different based on the goals of the institution. From "everyone can, with work" as in High School, to "only those who are good enough" as (hopefully) in medical school.

2. Humanity, where we've institutionalized pettiness, and not just once, but throughout history. :/

Re:David Rockefeller has died by rosser on Monday March 20, 2017 @02:42PM (#13916580)
There's a pretty staggering breadth of admissions requirements for the various accredited medical schools in the US, and plenty of offshore schools that effectively will take anyone — basically MD mills. The Dominican Republic, in particular, is well-known for this.

(Yes, many of the offshore medical schools are LCME-accredited and legit, and have trained some fantastic physicians, but broadly speaking, they're taking people who couldn't get into an on-shore school.)

Re:David Rockefeller has died by kbenson on Monday March 20, 2017 @02:55PM (#13916694)
Sure, I'm not really arguing that all medical schools have sterling reputations or high standards, just that the joke, as a way to illustrate the problem, unfortunately obscures the real problem. It's pithy and punchy, which makes it good joke and easy to repeat. It's sort of a peeve of mine when I see well intentioned but slightly misleading memes propagate. They're hard to fight for the same reason they are memes.
Re:David Rockefeller has died by gaius on Monday March 20, 2017 @02:50PM (#13916652)
I see you've read DH Xavier too
Re:David Rockefeller has died by Lordarminius on Monday March 20, 2017 @03:14PM (#13916850)
> Two thoughts...

"What do you call the person who graduated from medical school at the bottom of their class?"

What do you call an engineer who graduated from the bottom of their class?

The ordeal of residency isn't about setting the bar "high", nearly so much as it's about, "well, I went through this shit, so you have to, too". (Source: I have several doctor friends.

Medical doctors are trained to exhibit a level of competence. The 'bootcamp' approach is what we know at the present time to work best. Is it easy? No. Is it pretty? No. Do you have a better suggestion? ___

All of them think it's bullshit

All of them is still a small percentage of doctors.

(Frankly this argument is old and stale. Anyone who has a better plan for training doctors should speak up instead of rehashing it)

Re:David Rockefeller has died by rosser on Monday March 20, 2017 @05:52PM (#13917985)
> The 'bootcamp' approach is what we know at the present time to work best.

What other approaches have even been tried? I don't think, in the absence of meaningfully tried alternatives that have been shown to be lacking, that a proclamation of "best-ness" is particularly warranted. ("It's the best!" "Oh? What else have you tried?" "It's the best." cycles aren't responsive.)

I note you're a physician, as well. How much of your perspective on the matter is a result of your having been through a similar process?

I'm not. But I take the word of my physician friends — one of whom, a perinatologist, recently accepted a position at a prestigious teaching university — very seriously. They aren't just speaking from their experience. They're, if their explicit statements are to be believed, relating the experience of nearly every other physician they know.

Sure, that's still a vanishingly small fraction of the total physician population. At what point, then, does this chorus of, "This is not the best way to do this" become worth listening to, and not merely writing off as griping by the uninformed, or a minority of slackers with sour grapes?

Re:David Rockefeller has died by theseatoms on Monday March 20, 2017 @02:23PM (#13916423)
Regarding the second point, this is room for improvement for reducing healthcare costs by increasing the supply of doctors.
Re:David Rockefeller has died by nojvek on Monday March 20, 2017 @01:34PM (#13916036)
Is the bar really high though? I find doctors in US for common procedures use outdated methods and charge astronomical fees.

My experience of going to Australian hospitals was 10x better.

In US it feels like doctors want to get as much money as they can from you while proving the lowest level of service possible. A very capitalist view to human life.

Re:David Rockefeller has died by kbenson on Monday March 20, 2017 @01:48PM (#13916149)
You might be interested in a Freakonomics episode[1] that covers this to some degree. There's a wide range in care based on many factors, but unless you have quite a bit of experience in the healthcare industry in both countries, for similar ailments, I'm not sure what you experienced falls outside the normal variation for the field.

The TL;DL is that the medical field changes quite a bit in the years since Docters graduate, and depending on the types of work they are doing, it seems to be fairly easy for them to get behind with the latest consensus unless they make a concerted effort. To that effect, relatively new doctors often have better patient health outcomes than doctors that have been out of school for longer. This is, to some degree, obvious after stated, as any field that sees rapid change will have some percentage of practitioners that are out of date.

1: http://freakonomics.com/podcast/bad-medicine-part-3-death-di...

Re:David Rockefeller has died by Chris2048 on Tuesday March 21, 2017 @01:18PM (#13924218)
I feel there is also a big difference in motivation: reducing harm versus reducing personal blame.

No doctor can be sued for a patient who doesn't see them, so raising prices high, and using it for insurance has the benefit of insuring patients who see you, while those who can't pay aren't your patients, so if they come to harm because they can't afford to see you, not your problem.

Re:David Rockefeller has died by hkmurakami on Monday March 20, 2017 @01:38PM (#13916072)
In charitable work, we often say that you either give your time or your money. The younger tend to give their time; the older tend to give their money.

Similarly, people have visions for how the world should be. The young and of-less-means tend to give their time, engaging in grassroots efforts or marches. The old and rich tend to give their money. Both use their resources to shape the world towards what they believe in.

Whether one believes this is morally right is one thing (whether the rich should have a louder voice though their resources), but I do think the intent of the rich is less sinister than we often frame it.

Re:David Rockefeller has died by reckoner2 on Monday March 20, 2017 @03:39PM (#13917031)
In addition to this, there really is an almost fetish-like following behind the ideas that the Rockefeller's in particular secretly 'rule' or 'ruin' the world.

John D. Rockefeller Sr. stated many times that he believed that it was God's plan for him to: (paraphrasing)

1) Acquire as mush wealth as he could through business. 2) Donate this money to help humanity in the best ways possible.

And he did exactly that. And he did better than anyone else ever has. He didn't do much else. The Rockefeller's are fascinating people, but I think most of us would be surprised as to how little of the 'world-dominating' stuff is true.

It's been mentioned elsewhere in this thread, but "Titan: The Life Of John D. Rockefeller" goes into incredible detail on the family. You may not leave with a nice picture of the family, but definitely a different one than some of the comments in this thread. A lot of the private journals and business documents have actually been released to the public and it makes for a fascinating read.

Re:David Rockefeller has died by kingmanaz on Monday March 20, 2017 @06:02PM (#13918041)
>Whether one believes this is morally right is one thing (whether the rich should have a louder voice though their resources), but I do think the intent of the rich is less sinister than we often frame it.

People by default seem to put their faith in a works-based salvation, and this may explain why so many religions also tend in that direction (Judaism, Catholicism, many-Protestant bodies, ad infinitum). The end-product of this mindset, especially in cases of magnificently wealthy benefactors or societies, is more often than not a meddling--and ultimately misanthropic--Pharisaism tending toward vainglory.

Lurking somewhere behind the Puritans' stocks and gallows, the Jacobin Club's guillotines, and the Abolitionists' fiery marches-to-the-sea was a prospering, yet militant, charity directed anywhere but inward. Likewise, the works-based religion of today's Soroses, Rothschilds, and Rockefellers, while on the surface resembling the myopically raceless utopia of Star Trek, will likely violently unravel as has most movements led by uncritical men convinced of their own ability to earn salvation.

https://en.wikipedia.org/wiki/Sola_fide

Re:David Rockefeller has died by johansch on Monday March 20, 2017 @01:17PM (#13915896)
> Rockefeller upheld the family’s philanthropic tradition, giving away more than $900 million during his lifetime.

https://www.forbes.com/sites/carlodonnell/2014/07/11/the-roc...

"That young man was John Davison Rockefeller in 1855, who in 25 years would become the wealthiest man of his time, and arguably the wealthiest in history, reigning over a monopoly that refined as much as 90 percent of America’s oil. His flagship company, Standard Oil, was broken up in 1911 by the Sherman Anti-Trust Act, but Rockefeller’s greatest legacy – his family – lives on, spanning more than 200 surviving individuals and possessing a collective net worth of about $10 billion"

$900M out of $10B is 9%.

Myself, living in Europe, I'm quite convinced I have paid a much higher percentage of my income than this towards state-governed philantrophy. Where's my trophy?

Re:David Rockefeller has died by habitue on Monday March 20, 2017 @01:21PM (#13915939)
> spanning more than 200 surviving individuals

> collective net worth of about $10 billion

You are taking his individual contribution as a percentage of the combined net worth of 200 individuals.

Re:David Rockefeller has died by dsacco on Monday March 20, 2017 @02:03PM (#13916287)
They're talking about net worth. You're talking about income.

Kind of silly either way though - why don't you just come out and say that you think he should have donated more?

Re:David Rockefeller has died by johansch on Monday March 20, 2017 @02:51PM (#13916654)
No, I prefer just to point out the hypocrisy surrounding getting acclaims for "philantrophy" in the US.

Seems like even those who have the most give out back less to others than they would have done just by the regular taxation laws, living in a typical European country.

Re:David Rockefeller has died by kelnos on Monday March 20, 2017 @03:46PM (#13917082)
Depending on tax law throughout his life, and his ability to find loopholes, that $900M was _on top of_ what he paid in tax. So unless you have evidence that he paid no or very low taxes, what you're saying just doesn't hold water.

Not to mention that you're comparing the donations of a single person to the collective net worth of 200 people. More fair would be to compare that $900M to David Rockefeller's net worth, not that and all his very-extended family.

Re:David Rockefeller has died by johansch on Monday March 20, 2017 @04:18PM (#13917320)
Anyone in the US is paying very low taxes compared to what "high-income" tax payers pay in e.g. Scandinavian countries like Sweden. The treshold for "high income" is (simplified) at about $80k per year.

Stock option profits are taxed as income as well. (In Sweden we also have to pay social security fees on our stock option profits - the end result typically being at least a 62% taxation level on that income.).

Re:David Rockefeller has died by kelnos on Monday March 20, 2017 @07:56PM (#13918672)
Gotcha. I still don't see any evidence for what you're saying, though. What was David Rockefeller's income during the period he worked and gave money to charitable causes? If you want to look at it mathematically:

income * (tax rate + giving rate) = "total given"

Obviously you have two important variables there that determine what the total percent of income ends up being. I don't see any evidence that the parenthetical totals above are less or greater than each other when you consider your average European vs. Rockefeller, so you can't really say anything about how much he gave out of his income in comparison to your average European. Maybe it's more, maybe it's less, but you automatically assuming it's less is a bit disingenuous.

There's also the question of required vs. optional. If your average European had a tax rate similar to an American, would they then (on average) give the "savings" away as philanthropy? My guess would be it'd end up somewhere in the middle. Philanthropy is only philanthropy if it's voluntary and isn't forced by your government. That's pretty much its definition.

Re:David Rockefeller has died by geezerjay on Monday March 20, 2017 @05:38PM (#13917901)
> Seems like even those who have the most give out back less to others than they would have done just by the regular taxation laws, living in a typical European country.

You're somehow confusing money that someone intentionally gave away to philanthropic causes with money that a state takes away forcefully from anyone's income, as if everyone would wilfully give it away to charitable causes even if the state didn't took it from them, and also somehow assuming that Americans don't pay taxes as well.

Tell me, when was the last time you gave away over 10% of your income to philanthropic causes?

Re:David Rockefeller has died by evgen on Monday March 20, 2017 @03:09PM (#13916793)
Then you should make yourself aware of the regular taxation laws in force at the time those fortunes were amassed.

The difference I guess is that in the US the rich give away most of their money (often for favorable tax treatment on the remainder of their estate) and in Europe they just pass it along to their children to maintain the nominal level of Eurotrash the world seems to require. </s>

Re:David Rockefeller has died by johansch on Monday March 20, 2017 @03:16PM (#13916859)
I wasn't claiming rich Europeans are any better. :)

I'm simply claiming that this insanely rich american guy

a) percentage-wise gave away quite a bit less of his fortune than e.g. myself has given away in taxes/wealth-distribution in Sweden.

b) get's to be called a "philantrophist".

Re:David Rockefeller has died by brandonmenc on Monday March 20, 2017 @05:06PM (#13917660)
The difference is that the money was given away willingly, was personally directed to beneficial causes, and was orders of magnitude more than you have "donated."

You're not doing the same thing - and, while we can debate how the meaning of the word "philanthropist" has changed, this is the widely understood modern definition.

Re:David Rockefeller has died by johansch on Monday March 20, 2017 @03:42PM (#13917049)
> They're talking about net worth. You're talking about income.

For people who create our the net worth by means of income (that is the most of us) the end result is pretty much the same.

Re:David Rockefeller has died by geezerjay on Monday March 20, 2017 @05:32PM (#13917852)
That's a stupid statement. Net worth is not income. Surely you understand the difference between the money you deposit in a checking account and the interest the bank pays on your deposit. Furthermore, net worth are just estimates of the monetary worth of all property belonging to someone.

Just admit you were wrong.

Re:David Rockefeller has died by toyg on Monday March 20, 2017 @03:02PM (#13916749)
To be fair, in Europe we pay more exactly because we recognise that, if left to their own benevolence, the rich will never pay enough.

(And, the guy donated in addition to paying his fair share of taxes, one would hope. At one point, pre-Reagan, US taxes on wealth were as high as in Europe, possibly even higher).

Re:David Rockefeller has died by bzbarsky on Monday March 20, 2017 @11:48PM (#13919739)
In Europe, you don't leave the rich to their own benevolence. It's much worse. By and large, European countries have laws forbidding the rich from donating too much of their money to charity, especially upon their deaths. See https://en.wikipedia.org/wiki/Forced_heirship for a pretty bare-bones description of the setup. https://www.cesifo-group.de/ifoHome/facts/DICE/Public-Sector... has more details by country; see the "Restrictions on the freedom to dispose of one’s succession by will" section.

Under these laws, heirs have been able to claw back donations made before death (including many years before death), in addition to ones made in the will. Note that if you accept the premise of the forced heirship laws, this is an obvious consequence; otherwise people will just structure their finances to make most of the donations they want before they die.

Anyway, the upshot is that the European legal system takes great pains to make sure that currently wealthy families stay wealthy instead of managing to give the money away. It's just not talked about much, and I suspect many people don't really know about it.

Re:David Rockefeller has died by bzbarsky on Monday March 20, 2017 @11:31PM (#13919667)
> $900M out of $10B is 9%.

The $10B is spread across 200 people.

His personal net worth at the time of his death was about $3.3 billion according to <https://en.wikipedia.org/wiki/David_Rockefeller>. But it's hard to compare that to the $900 million number because that number adds dollars from different time periods, which are worth different amounts. This is especially important if any of it happened in the 60s or early 70s, given the subsequent high inflation.

Also, that $900 million number doesn't seem to include the bequests in his will.

And I suspect he did in fact pay taxes too.

Now, I agree that it's easier to give money away when you have so much you don't really need it for anything. So I'm not sure about giving out trophies for doing so.

Re:David Rockefeller has died by melling on Monday March 20, 2017 @02:18PM (#13916382)
"Rich people don't give money away no-strings-attached, they channel it for their purposes"

This is really just a troll comment where you put everyone in a group group under one umbrella. Now others will need to waste their timé feeding the troll.

This really is not a constructive or educational way for people to spend their afternoon.

Re:David Rockefeller has died by teslabox on Monday March 20, 2017 @04:53PM (#13917568)
> This is really just a troll comment where you put everyone in a group group under one umbrella.

There is criticism of the Gates Foundation too: http://techrights.org/wiki/index.php/Gates_Foundation_Critiq...

David Rockefeller certainly did some good things with his influence. But he was also a globalist, which has had the effect of allowing 1st world companies to replace expensive workers through offshoring.

Some people do good work with their foundations. But a lot of it is cover for tax planning.

Re:David Rockefeller has died by valarauca1 on Monday March 20, 2017 @01:48PM (#13916156)

     thereby making sure that there's always been a shortage
     of doctors [2] 
     [2] https://en.wikipedia.org/wiki/Flexner_Report
I'm sorry but I prefer the people operating one me are part of a well regulated profession guided by scientific research.

     The Osteopathic profession was the only group that was organized 
     enough to survive the Medical Guild's purge of non-Rockefeller-approved 
     approaches to medicine.
Yeah because Blood Letting, Leaches, Heroin, Electro-Shock, and Drinking Mercury were _so good_ for your health. Turn of the last century Osteopathy is the stuff of Nightmares.

     Today D.O.s are more likely to take up Primary Care, where doctors
     take time to get to know their patients and figure out what's
     actually causing their complaints
Modern D.O.'s aren't _exactly_ descended from Osteopathic of the 1870-1900's. Really in philosophy only. The only real relation is that the "Philosphy" of Osteopathy is the body will try to heal itself, and medicine should compliment this... Not be the only process by-which the body can.

Modern D.O.'s following the training and principles laid out in the Flexner Report. Their decisions are still based on research.

There are _non-approved_ Osteopathic """Doctors""", but we commonly refer to them as faith healers.

Re:David Rockefeller has died by da02 on Monday March 20, 2017 @05:27PM (#13917812)
There's also the Rockefellar medical drug connection: https://www.google.com/search?num=20&q=rockefeller+drugs+med...
Re:David Rockefeller has died by kolanos on Monday March 20, 2017 @01:26PM (#13915981)
Relevant video on the influence the Rockefeller family has on modern first-world healthcare systems: https://www.youtube.com/watch?v=X6J_7PvWoMw
Re:David Rockefeller has died by macspoofing on Monday March 20, 2017 @03:15PM (#13916856)
>Rich people don't give money away no-strings-attached..

Why not?

Re:David Rockefeller has died by thrillgore on Monday March 20, 2017 @04:01PM (#13917199)
Greed is a response to insecurity and doubt. They don't want to fear the idea of a life where their exceeds needs aren't met by wealth, so they retain it.

This isn't meant to be calling out the "bourgeoisie" to put at best, but there is an emotional response to uncertainty here.

Re:David Rockefeller has died by macspoofing on Tuesday March 21, 2017 @08:33AM (#13921576)
You're talking out of your ass, aren't you.
Re:David Rockefeller has died by thrillgore on Friday March 24, 2017 @08:57AM (#13948574)
This is Hacker News, we all are.
Re:David Rockefeller has died by iliketosleep on Monday March 20, 2017 @01:04PM (#13915773)
What's frightening is that he was actually proud of it - he really believed in it. I wonder how many other powerful families are working towards the "more integrated global political and economic structure", consolidating the power of the global elite. Good luck to everybody else...

Edit to clarify: in an ideal world what he stands for is right. but we're not in an idea world. where there's power there's often corruption. therefore, sooner or later the power ends up in the wrong hands. the problem is that if the world is too "integrated" and power does inevitably end up in the wrong hands at some point, there is absolutely no recourse.

Re:David Rockefeller has died by Florin_Andrei on Monday March 20, 2017 @01:39PM (#13916073)
I don't see why globalization must necessarily mean total domination by the "elites". Yes, it's a significant risk factor in that scenario, but the two don't come in a package, bound together with epoxy. It would only happen if we continue to refuse to address the issue of inequality - this time on a global scale.

Some form of globalization is actually the best case scenario, the golden path for this world. It must include some form of control mechanisms against inequality spiraling out of control - and that's just one factor among many.

A united world is the only way to significantly reduce the risk of global conflict. It's also the only way to ensure that a large fraction of the world is not dying of starvation while another fraction goes swimming in champaign-filled pools. It would also mean pooling up resources on a global scale. It would make large parts of military budgets redundant, freeing that money for other purposes.

Re:David Rockefeller has died by iliketosleep on Monday March 20, 2017 @01:52PM (#13916185)
i don't think inequality can be solved by globalization. if you look at the poor countries, you'll find a multitude of structural problems. until these structural problems are dealt with, globalization is likely to feed corruption.

i agree that globalization would reduce the risk of global conflict - there would only be one side. thus, if the wrong people were in power there would be no way to fight them. that's scary.

Re:David Rockefeller has died by kelnos on Monday March 20, 2017 @04:22PM (#13917357)
No one (including the post you're replying to) is suggesting that globalization can solve inequality. It solves a bunch of other things, presents some new challenges, and makes the consequences of inequality worse.
Re:David Rockefeller has died by hwillis on Monday March 20, 2017 @02:15PM (#13916355)
>i agree that globalization would reduce the risk of global conflict - there would only be one side. thus, if the wrong people were in power there would be no way to fight them. that's scary.

That's not scary, that's the US. The Federal government functions more successfully than state governments in every way. In the Fed we have Trump vs. in states we have literal coups and gerrymandering. The US is better as a federation than individual states in every way. A state is not more able to fight "the wrong people being in charge", but they are significantly more vulnerable to it.

Re:David Rockefeller has died by Florin_Andrei on Monday March 20, 2017 @02:45PM (#13916608)
This is single-cell bugs vs multicellular organisms all over again.
Re:David Rockefeller has died by Florin_Andrei on Monday March 20, 2017 @02:33PM (#13916508)
> i don't think inequality can be solved by globalization.

No, it's the other way'round.

On the way to globalization, we need to make sure inequality stays within reasonable levels, otherwise the whole thing will fail.

Re:David Rockefeller has died by TheAdamAndChe on Monday March 20, 2017 @02:48PM (#13916639)
Globalization is the exploitation of the lower standard of living in other areas. The reason corporations ship jobs overseas is because it's cheap. This in no way controls inequality, and in fact makes it worse.
Re:David Rockefeller has died by henrikschroder on Monday March 20, 2017 @03:11PM (#13916821)
Globalization has caused the largest transfer of wealth from rich countries to poor countries in the history of mankind, reducing inequality between countries on an unprecedented scale.
Re:David Rockefeller has died by TheAdamAndChe on Monday March 20, 2017 @03:33PM (#13916992)
This is true, but it has also strengthened inequality significantly within countries: https://www.imf.org/external/pubs/ft/weo/2007/02/pdf/c4.pdf
Re:David Rockefeller has died by henrikschroder on Monday March 20, 2017 @03:41PM (#13917047)
Yes, that is bad, but eliminating extreme poverty is really, really good.
Re:David Rockefeller has died by TheAdamAndChe on Monday March 20, 2017 @03:48PM (#13917091)
If the lower and middle classes of a country don't benefit from globalism(like the US right now), political instability and widespread disdain for globalism will result. It may be a net positive overall, but it doesn't mean much if everyone around me is losing their jobs. If globalism is that important to lift other countries out of poverty, then we need to find a more sustainable way to carry it out.
Re:David Rockefeller has died by henrikschroder on Tuesday March 21, 2017 @03:13AM (#13920380)
Well, they do benefit from globalisation, they can all afford flatscreen TVs, and a mobile device with internet access, for example. Stuff is incredibly cheap in the US, and is getting cheaper all the time.

The US has a really bad track record when it comes to distributing the gains of globalisation in terms of disposable income, it is absolutely not the case that "a rising tide lifts all boats", because the gains have predominantly gone to the upper and upper-middle classes, screwing the middle and lower classes over.

Other western countries have managed this much better, and redistributed the gains more evenly. That the US sucks at redistribution, is not a case against globalisation, but that unfortunately doesn't stop the uninformed populist-in-chief and his angry supporters from blaming all their woes on globalisation.

Re:David Rockefeller has died by TheAdamAndChe on Tuesday March 21, 2017 @08:58AM (#13921737)
It is true that some electronics are cheaper, but much of the lower class is becoming unable to purchase a house or afford an education. Plus there are other expenses that didn't exist in the past, such as internet and cell phone bills. Edit: The quality of life for the lower class has also gone down, since wages have gone down & both people of a family are basically required to work nowadays.

How have other western countries managed this better? Can any of the methods used by those countries you speak of be used in the US?

Re:David Rockefeller has died by henrikschroder on Tuesday March 21, 2017 @04:52PM (#13926100)
> How have other western countries managed this better? Can any of the methods used by those countries you speak of be used in the US?

Of course, but the American people are generally extremely skeptical of the idea that other countries might do things better, and any US politician that tried would immediately be branded a dirty, stinking, socialist. Because that's what you need, a little bit of socialism.

You need to tax the individuals and corporations that make the biggest gains from globalisation.

You need to redistribute that wealth to the individuals that are hardest hit by globalisation, those whose jobs are disappearing.

You need to invest in education, so the next generations are competitive in the global marketplace, and you need to invest in re-education, so that the indivuals whose jobs are gone can get a different job in a different industry.

(And to be fair, the US is doing these things, for example: https://en.wikipedia.org/wiki/Appalachian_Regional_Developme.... It's just not enough.)

I'm not saying the Scandinavian countries are socialist utopias, there's definitely problems, but they don't suffer from this particular problem. When in the US, inflation-adjusted income has remained steady since the 70's for the lower half of the population, in Scandianvia, the inflation-adjusted income has risen for everyone. Yes, the gap between richest and poorest has increased as well, but as long as everyone is getting it a little bit better all the time, it's easier for society to bear.

Re:David Rockefeller has died by InitialLastName on Tuesday March 21, 2017 @02:24PM (#13924783)
The lower and middle classes benefit from globalization by nature of not being sent off to die at war as often.
Re:David Rockefeller has died by Florin_Andrei on Monday March 20, 2017 @02:52PM (#13916673)
> Globalization is the exploitation of the lower standard of living in other areas.

Yes, I am aware that some people define it that way.

Re:David Rockefeller has died by gdubs on Monday March 20, 2017 @05:31PM (#13917838)
Take something like Climate Change. Pretty good example if any that global cooperation is needed to solve. Also ultimately the biggest inequality issue looming as it will disproportionately hurt the world's poorest.
Re:David Rockefeller has died by Chris2048 on Tuesday March 21, 2017 @01:19PM (#13924220)
Incidental, this is the main reason I voted for Brexit.

I see things like the hunt for Assange, (or Snowden) and am of the opinion that the more collected various governments are, the easier it is for them to prey on the divided populace.

Re:David Rockefeller has died by gph on Monday March 20, 2017 @02:16PM (#13916358)
But you're describing some kind of theoretical ideal world. We don't live in that world. No one has found a good mechanism for controlling inequality within their own borders and/or ethnic group that scales to anything beyond the size of a village.

Yea domination by elites and globalization don't theoretically have to occur together. But looking at history and the current state of the world... what do you think is more likely?

Re:David Rockefeller has died by Florin_Andrei on Monday March 20, 2017 @02:40PM (#13916562)
> But you're describing some kind of theoretical ideal world. We don't live in that world.

Everything is "theoretical" and "ideal" and "impossible" before it actually happens. Electronic computers were an impossibility to James Watt era engineers. Steam engines were an impossibility to the architects of the Parthenon. Raising large stone edifices was an impossibility to hunter-gatherers roaming the savanna. Yet all these things happened in due course of time.

> But looking at history and the current state of the world... what do you think is more likely?

I see a generally ascending arc, with local dips and bumps. The trends look good in the long run, although the short run is always difficult to predict.

Of course, that is not an absolute guarantee of success. Nothing is. The best case scenario is not going to happen without a lot of effort, some substantial amount of time, and likely some sacrifices along the way.

Re:David Rockefeller has died by gph on Monday March 20, 2017 @02:57PM (#13916700)
So you're telling me I should support TPP, globalization efforts, and the subsequent concentration of economic and political power because you have a good feeling that humanity is heading in the right direction and we can invent some effective control on inequality because nothing is impossible the same way we invented the electronic computer?
Re:David Rockefeller has died by kelnos on Monday March 20, 2017 @04:28PM (#13917395)
Oh c'mon, principle of charity, please. That is not at all what the parent said or even implied. It is fact that humanity is heading in the right direction over the long term (based on tracking standard of living and the standard deviation of such). It is also fact that there are bumps and regressions along the way. We shouldn't support the TPP; it sucks (the only good thing Trump has done so far is pull out of it). We shouldn't support the concentration of economic and political power.

We should support things that make sense and promote the reduction of income inequality. That need not be at odds with globalization, though many businesspeople tend to push it that way since it's cheaper and good for them.

Re:David Rockefeller has died by gph on Monday March 20, 2017 @09:31PM (#13919074)
>We should support things that make sense and promote the reduction of income inequality. That need not be at odds with globalization, though many businesspeople tend to push it that way since it's cheaper and good for them.

Doesn't need to be at odds with globalization, and yet all the evidence so far seems to point that way. Society is a nebulous construct of many actors. Some will try to build a more equitable future, others will not. The others are undoubtedly those who can figure out how to rise to the top. They are the ones controlling globalization efforts.

The neo-liberal dream is just that, a dream. When push comes to shove most people aren't actually for equality, they just say they are.

Re:David Rockefeller has died by Florin_Andrei on Monday March 20, 2017 @07:23PM (#13918508)
> principle of charity, please

Exactly, thank you. The exchange felt like the opposite of it.

Re:David Rockefeller has died by Florin_Andrei on Monday March 20, 2017 @03:51PM (#13917121)
It seems like the meaning of the word "globalization" has been hijacked. It really seems, in the minds of some people at least, to indicate a bundle of very negative outcomes - which in no way I would support.

Shifting the center of this discussion would take too long. I'm not here to write a dissertation about the evolution of human society. I think I've hinted at how things could possibly unfold, if we make a consistent effort to better the future of the Earth. Read what I've said and that should provide some indication - unless your mind is set on "winning" a contest of punditry, in which case I wish you good luck.

TLDR: I think the best of all possible futures could be achieved through some measure of unity on a global scale, at a higher order of magnitude compared to what we have now. Inequality is one of the many obstacles on the way there. Narrow-minded nationalism is another. It would require massive changes on multiple levels, and it will not happen in a day or two. Call the end result whatever you like. But anything that could bring that future closer is a good cause to support.

Re:David Rockefeller has died by skyhust on Monday March 20, 2017 @03:29PM (#13916959)
It doesn't have to but globalization is defined as a 7 stage process which ends with-

https://en.wikipedia.org/wiki/Complete_economic_integration

And you can see how that grows from NAFTA, GATT etc-

https://en.wikipedia.org/wiki/Economic_integration#Stages

Re:David Rockefeller has died by unityByFreedom on Monday March 20, 2017 @01:07PM (#13915801)
Encouraging international cooperation isn't consolidating power. It's learning to live together on the same planet.
Re:David Rockefeller has died by aylmao on Monday March 20, 2017 @01:37PM (#13916057)
"a more integrated global political and economic structure" doesn't mean "international cooperation" though, it just means more free trade policies, and international political regulation instead of national.

International cooperation can be achieved without an integrated political and economic structure. My country doesn't need to have the same economic policies and regulations as your country to live in harmony with you, or to take on international projects together like sending aid to some natural disaster, or doctors to communities that need them, or to agree in standards, or to foster academic research.

"a more integrated global political and economic structure" means 1. bodies that have political power over national governments, which would make the implementation of standard regulations easier and 2. open borders for trade. Of course a billionaire involved in a number of translational companies wants this.

As far as consolidating power goes, the US and China have some pretty big fish because their economies have been on steroids for a while. But other countries rely on national regulation to keep their national companies and local economies from being overrun by these big players. Least you know monopolies wouldn't exist only on the national level, but internationally, and then what do you do? National monopolies are a pain to get rid of, those would only be worse.

Re:David Rockefeller has died by endisukaj on Monday March 20, 2017 @02:39PM (#13916554)
What is wrong with more free trade policies?
Re:David Rockefeller has died by sintaxi on Tuesday March 21, 2017 @02:10AM (#13920211)
To name a few reasons...

- It creates tax havens by allowing corps to claim profits in the country of their choosing. (see Apple Inc.)

- It forces workers in developed countries to compete with workers in countries that don't have adequate human rights/pay. (see Walmart)

- It wreaks havoc on the environment by overproduction and shipping.

- People in underdeveloped countries pay the price for pollution created in developed countries.

- Corporations become huge very quickly and end up having massive influence in politics of several countries.

- Countries ultimately lose their sovereignty to the shareholders of these mega-corps.

Re:David Rockefeller has died by rayiner on Monday March 20, 2017 @01:39PM (#13916080)
> Encouraging international cooperation isn't consolidating power. It's learning to live together on the same planet.

Globalization is a big tent with lots of different people in it with different motivations and priorities. The effect is mixed. It undoubtedly has accelerated growth and encouraged stability in the developing world. At the same time, it normalizes non-Western social/economic models and tends to undermine welfare states.

Re:David Rockefeller has died by unityByFreedom on Monday March 20, 2017 @01:47PM (#13916136)
> tends to undermine welfare states.

Not if we realize we share this planet and ought to be collectively interested in its health.

Re:David Rockefeller has died by rayiner on Monday March 20, 2017 @02:09PM (#13916320)
The modern European welfare state - until robots take over - is all about carving out a local optimum in a sea of scarcity. How do you propose to have cradle-to-grave welfare within a system that encourages labor in developed countries to bitterly compete with desparate people in developing countries?
Re:David Rockefeller has died by unityByFreedom on Monday March 20, 2017 @02:22PM (#13916415)
Well that was the Westphalian agreement. We're sovereign states and can operate as we see fit. If international policy has some impact on our domestic policy -- so be it. Much the same as we have free will and are also impacted by our environment.

There are people in places who are happy with the way things are, and people in other places who wouldn't like it that way.

Re:David Rockefeller has died by rayiner on Monday March 20, 2017 @02:33PM (#13916509)
I don't think I understand your point at all. How do you preserve modern European welfare states in the face of globalization?
Re:David Rockefeller has died by unityByFreedom on Monday March 20, 2017 @03:00PM (#13916738)
My point is it's their choice to run their country the way they want. I don't think anyone can say for certain whether certain social programs will be sustainable or not.

The US has many social programs, social security, subsidies, etc. People have been saying for years that these are unsustainable. The national debt has been an issue since founding 250 years ago. Some feel it weakens us. Others feel it ensures we maintain friendly relationships with neighbors.

If there were a major war right now, and the US were unable to defend its allies, the value of the dollar would tank. That keeps us and our allies concerned about each other's safety. I think that's a good thing, so long as we don't tank our economy in doing so.

Re:David Rockefeller has died by rayiner on Monday March 20, 2017 @03:27PM (#13916951)
> My point is it's their choice to run their country the way they want.

Right, which is why globalization tends to undermine welfare states. TPP, the EU, trade agreements, etc. All those reduce the ability of voters to "run their country the way they want."

Re:David Rockefeller has died by unityByFreedom on Monday March 20, 2017 @11:35PM (#13919689)
I disagree. Voters can be supportive of free trade.

We already do it within the US. Items shipped out of state aren't taxed. It promotes trade and development.

Re:David Rockefeller has died by henrikschroder on Monday March 20, 2017 @03:14PM (#13916845)
By moving up the value chain, by educating your own population so that they can perform skilled labour that can't be outsourced.
Re:David Rockefeller has died by rayiner on Monday March 20, 2017 @03:30PM (#13916972)
Where are all these "up the value chain" jobs? As someone who graduated college and graduate school relatively recently, the only thing I see is the opposite problem. Outside of a few niches, the population is overeducated. Tons of people who graduated college my year (mid aughts) couldn't get a job that required a college degree.
Re:David Rockefeller has died by digi_owl on Monday March 20, 2017 @01:14PM (#13915863)
Reminds me of debating the whole EU mess.

Yes, it is good for moving tangible products around as you have a predictable base of regulations around them.

Moving services around gets iffy. Seen way too many companies use that to pack away profits in low tax nations while maintaining a persistent loss in "high" tax nations. This by spinning up a service company that bills for unspecified services.

And moving workers around only really work when dealing with non-industrial jobs, or all that comes out of it is "social dumping".

But try to explain that to 20-something with freshly minted degrees, laptops and credit cards.

Re:David Rockefeller has died by elastic_church on Monday March 20, 2017 @01:50PM (#13916169)
The high tax nations should figure out how to fund themselves more competitively. Many low tax countries have democratically elected representatives that looked at their budget and realized "no we dont need to fund roads and schools by taking a piece of other peoples productivity". Despite any pressure from high tax nations they simply realized they dont need it.
Re:David Rockefeller has died by lovich on Monday March 20, 2017 @01:57PM (#13916227)
For my own curiosity could you point out a single low tax country that has well maintained infrastructure?
Re:David Rockefeller has died by Strom on Monday March 20, 2017 @02:49PM (#13916642)
Estonia may be a decent example here. Not every tax is low, but corporate income tax is 0% and personal income tax is a flat 20%. However lots of infrastructure upgrades have been done with EU money. So the tax is still there, just not being paid by the locals.
Re:David Rockefeller has died by lovich on Monday March 20, 2017 @03:53PM (#13917135)
That definitely doesn't fit the criteria of not taking pieces of other people's productivity to fund roads and schools that the parent post mentioned. I'd be interested in hearing of an alternative model to taxes that's actually worked out. Every other example I've seen has fallen to the tragedy of the Commons rather than businesses stepping up and handling common goods well
Re:David Rockefeller has died by elastic_church on Monday March 20, 2017 @04:42PM (#13917496)
Well I am more so talking about income taxes, although I didn't specify that is what this thread was about beforehand. Many places have a passive tax on some aspect, such as tourism, have high fees for certain businesses such as incorporation and licensing fees, and have also nationalized a particular industry.

In any case, Cayman's infrastructure was decent compared to other neighboring islands and countries. Since you asked.

Indeed many countries are selling incorporation services to stuff government coffers.

The point is that where there is a will there is a way for a governing institution to fund itself, and it by no means offers any solution for countries that are overbudget and uncompetitive in this front.

Re:David Rockefeller has died by paulpauper on Monday March 20, 2017 @01:08PM (#13915806)
what's wrong with having conviction to want to make the world better, provided the means ones uses to attain such a goal are ethical.
Re:David Rockefeller has died by aylmao on Monday March 20, 2017 @01:23PM (#13915951)
"a more integrated global political and economic structure" and a "better world" are independent goals. Billionaires and owners of huge corporations have always preached for weaker borders not in the sense of John Lennon's Imagine, but in the sense of free-trade agreements that allows them to expand their market at the expense of local economies.

Take China. China is incredibly protectionist but it has one of the world's biggest markets; its population is huge and lately their purchasing power has been steadily increasing (aka. more disposable income to buy stuff). It's no wonder Apple, for example, has made so many strides to hit the Chinese market, but it has had to go through hoops and I bet unbelievable amounts of red tape. "a more integrated global political and economic structure" would mean less protectionist policy and less friction for overseas expansion.

Re:David Rockefeller has died by rubicon33 on Monday March 20, 2017 @02:03PM (#13916281)
I don't think anyone disagrees with the idealized notion of making the world better. But there's tons of room for disagreement in how to do so.

I've even heard some argue that prosperity is a limited resource, and that "globalists" naively believe there's enough of it to spread around the entire planet. Obviously if you're already well off (U.S.) then there's only one direction for you to go when the spreading happens: down.

FWIW, I don't believe in this line of thinking. But, I think there are some interesting theoretical considerations that I don't fully understand. The idea of prosperity being a limited resource is, at least, interesting to think about.

Re:David Rockefeller has died by kingkawn on Monday March 20, 2017 @01:56PM (#13916221)
global elites or local elites, its still the same ol' pointless domination
Re:David Rockefeller has died by mythrwy on Monday March 20, 2017 @11:26PM (#13919638)
Except local elites have less real power.

Corruption or "real motives" of a global elite aside, I look at it as the difference between monolithic code bases and well designed separation of concerns. One is less prone to catastrophic failure and easier to repair when failure does occur.

Joseph Tainter I think hits the troubles with centralization right on the head.

https://www.youtube.com/watch?v=G0R09YzyuCI

Re:David Rockefeller has died by elastic_church on Monday March 20, 2017 @01:46PM (#13916134)
Oh no deeply liquid markets that span borders, the horror

Lets bring back a Europe with 27 different bond and stock markets in 27 different volatile currencies

Re:David Rockefeller has died by stanfordkid on Monday March 20, 2017 @01:55PM (#13916209)
It's more complex than that...

Debt is denominated in currencies ... so with the current system bad borrowing behavior by one member of the currency union (Greece) would lead to devaluation of the currency to other members of the union (Germany).

Having multiple currencies is okay as long as there is liquidity between them.

That being said, centralizing currency leads to economic growth as long as the money is well spent (investment) rather than evaporated (excessive social benefits)

Re:David Rockefeller has died by elastic_church on Monday March 20, 2017 @05:13PM (#13917714)
> Having multiple currencies is okay as long as there is liquidity between them.

The bond market in that entire economic region was comparatively underdeveloped and has attracted massive liquidity improvements since 1999 stretch far out down the yield and risk curve

But yes we can write a whole dissertation on various aspects of the monetary union

Re:David Rockefeller has died by mythrwy on Monday March 20, 2017 @11:28PM (#13919652)
Sure. Lets tie everything together instead so it can all go down together.
Re:David Rockefeller has died by mbateman on Monday March 20, 2017 @01:03PM (#13915765)
The still-timely passage continues:

"The anti-Rockefeller focus of these otherwise incompatible political positions owes much to Populism. 'Populists' believe in conspiracies and one of the most enduring is that a secret group of international bankers and capitalists, and their minions, control the world's economy. ... Populists and isolationists ignore the tangible benefits that have resulted in our active international role during the past half-century."

Re:David Rockefeller has died by tinus_hn on Monday March 20, 2017 @01:13PM (#13915860)
The Bilderberg Group does exist, has economically powerful members and acts in private. So it's hardly a stretch to believe that not a secret group but a known group is exerting some level of control over the world economy.

What else would they be doing?

Re:David Rockefeller has died by notsofastmister on Monday March 20, 2017 @02:03PM (#13916278)
Be the bankers of dictators, soviets and chinese officials?

http://www.nytimes.com/2002/10/20/books/review/david-rockefe...

Re:David Rockefeller has died by prolly_a_moron on Monday March 20, 2017 @01:20PM (#13915915)
>The Bilderberg Group does exist, has economically powerful members and acts in private.

A bunch of wealthy and influential people assemble to discuss policy and other strategy. I'm not sure why this is unexpected, bad, or why it should be frowned upon or disallowed.

Re:David Rockefeller has died by DarkKomunalec on Monday March 20, 2017 @01:30PM (#13916008)
Because when the super-wealthy collaborate, it's usually on stuff that benefits them, to the expense of everyone else, e.g. software patents, copyright extensions, and trade agreements with all sorts of fun stuff hidden inside: https://en.wikipedia.org/wiki/Trans-Pacific_Partnership_inte...
Re:David Rockefeller has died by rfrank on Monday March 20, 2017 @02:04PM (#13916291)
When money is equivalent to speech, it's very easy to shout people down.
Re:David Rockefeller has died by ryandrake on Monday March 20, 2017 @03:30PM (#13916973)
"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices."

-Adam Smith

Re:David Rockefeller has died by oh_sigh on Monday March 20, 2017 @01:25PM (#13915967)
Well, considering the wealth and power concentrated in those rooms during the meeting, these people would have a good shot at foisting whatever system they want over the world. I'm not arguing it should be disallowed, but it is disconcerting when every billionaire in the world might agree on the same set of policies.
Re:David Rockefeller has died by thr0waway1239 on Monday March 20, 2017 @01:58PM (#13916236)
Not endorsing the guy in this video and don't know much about him personally. With that disclaimer, if you watch this video his lampooning of these meetings as an insider is quite hilarious. https://www.youtube.com/watch?v=dbfBi-O8ijg#t=11m45s
Re:David Rockefeller has died by TeMPOraL on Monday March 20, 2017 @12:59PM (#13915734)
After spending some time around people from various anti-science/government/vaccination circles I realized that if the New World Order is what they describe it is, then I'd love to join it. At least those NWO conspirators seem to have a clue.
Re:David Rockefeller has died by mikeash on Monday March 20, 2017 @01:04PM (#13915776)
I've seen a lot of people argue that this is ultimately what makes conspiracy theories so attractive in the first place. It's much more comforting to believe that everything is under control and part of a deliberate plan, even if controlled by people you don't like as part of a plan that works against you, than it is to believe it's all just a bunch of random stuff happening.
Re:David Rockefeller has died by MawNicker on Monday March 20, 2017 @01:11PM (#13915842)
It can't be both? Isn't that the least comforting? Not that it proves anything; People often believe what they fear is true. All you need to know is that MKUltra existed. The people responsible were never brought to justice. Maybe some of you have loose morals but I could never join this shit.
Re:David Rockefeller has died by Florin_Andrei on Monday March 20, 2017 @01:41PM (#13916089)
> It can't be both?

But that introduces complexity in your thought process. Most people are far too lazy for that.

Re:David Rockefeller has died by kelvin0 on Monday March 20, 2017 @01:29PM (#13916003)
This reminds me the vilains in the older (60s-70s) Bond movies. I always found them to be visionaries and were simply a step removed from great leaders (if not for their penchant for killing remorselessly).

Not trying to compare David R. to such monsters, but I can see how some people can cast him as such, even with the best intentions on his part (I can only assume).

Regularly most of us step on others peoples toes (knowingly and unknowingly in more mundane settings). It just happens that some people have very, very, very big shoes.

Re:David Rockefeller has died by smileysteve on Monday March 20, 2017 @02:03PM (#13916283)
Not dissimilarly from Kingpin in Daredevil...

The line between good and evil is not defined by intentions.

Re:David Rockefeller has died by rfrank on Monday March 20, 2017 @01:20PM (#13915916)
Yeah, lets take autonomy from people who don't think like us! They don't deserve it anyway!
Re:David Rockefeller has died by faceyspacey on Monday March 20, 2017 @01:07PM (#13915798)
It's about how they go about it, putting the Middle East into so much turmoil for example, hurting people over there in an ends justifies the means manner. It's the wrong way to go about it and therefore at its core its rotten and therefore the sought outcome will never be positive in terms of the biggest picture for all. It's a dangerous track they now have us on and the people aren't happy. I'm not sure we could suffer another false flag attack like 911 without a violent revolution following it. The true path towards global integration is a slower patient one--one where the powers that be might not live long enough to selfishly bare the fruits of it. So they rush it. There's no doubt what's gone on in he Middle East is about oil. We don't need to be directly stealing it through a pipeline for the conspiracy to be true. It's about oil price stabilization, which is crucial to the steadily ticking "integrated" world that is good for business. And since it is about that, and this guy was head of Chase for 33 years, guess who likely was one of the biggest cosigners of and conspirators in these plans.

Just read the Wikipedia article on the Gulf War. It's clear GH Bush pursued it to keep the oil price stable. It's clear the US developed some enemies in despots that don't listen to us. It's clear America has a mandate to not allow harm to its image of ultimate strength on earth. It's clear that George W came to finish the job in his first year in office nearly 10 years later. The idea being it would secure oil prices once and for all while letting the world know America won't tolerate despots. It's way easier to control a democratic country than despots adamant on doing things their way. There are more ways to manipulate said country/government. It makes for a more "integrated" world for the ruling elite.

I believe they have good intentions. With outdated thinking. Narrowly constrained by personal self-interest. And as a result their intentions are not in fact good for all. I don't believe in James Bond style villains. Everyone is doing what they think is best. It's just unfortunate that the cabal's big picture is severely small and doesn't include all.

Re:David Rockefeller has died by jcranmer on Monday March 20, 2017 @02:49PM (#13916640)
> Just read the Wikipedia article on the Gulf War. It's clear GH Bush pursued it to keep the oil price stable.

... Have you made any effort to try to learn foreign policy? Or are you relying only on piecemeal reading of events and your predisposed biases to determine your worldview?

Most politicians read a lot (Trump is an exception, and he's terrifying for it), and much of what they read is public policy theory books, things like Why Nations Fail or On the Origins of War and the Preservation of Peace. From these books, they tend to formulate their views on policy (including foreign policy) based on certain schools of thought, and you can often tell who influences these thoughts based on how they frame arguments and defenses.

The Gulf War was principally caused by Saddam Hussein reckoning he could invade Kuwait quickly enough that no one would care to try to stop him (this is what Russia more or less successfully did in Crimea). The other principal Arab states who did not like Iraq--notably Saudi Arabia and Egypt--were never particularly likely to accede to these demands. (Iraq did try to link Kuwait to the Israeli-Palestinian peace process, but that was more of a stalling tactic than an actual honest effort to further that peace process, although it did incidentally do so). When Iraq began making noises about invading Saudi Arabia, that's when the US launched Desert Shield and subsequently Desert Storm.

And yet, when you listen to the testimonies of the officials who planned the war, it's clear that they hewed to a definitive Clausewitzian view of war: the planning of war needs to be shaped around the political objectives it is meant to achieve. And the political objectives they gave as their design for war was to a) remove Iraq from Kuwait and b) prevent Iraq from being able to exert regional power for 20 years. Note that oil isn't a primary objective. Of course, the Middle East being what it was, any planning of major operations in there is going to take into account near- and long-term impact on oil supplies, and it's not exactly a secret that the State Department's general grand strategy for the Middle East is "keep the oil flowing." But that doesn't mean that the only goal is keeping oil--if it were, the US would not have invaded but instead pressured Saudi Arabia to just deal with the Iraqi annexation of Kuwait (note that oil didn't stop flowing until Iraq's withdrawal from Kuwait).

You also have to keep in mind that you can't stick your head in the sand, ignore the world, and expect to suffer no consequences. The current migrant crisis in Europe is entirely caused by European unwillingness to deal with the issue in Syria.

Re:David Rockefeller has died by faceyspacey on Monday March 20, 2017 @05:12PM (#13917707)
You're going to have to rely on A) "piecemeal reading of events" and B) the lens that someone is pulling the strings to see anything other than what the powers that be put out through the media and foreign policy authors. So no, I'm no master of foreign policy, but I've done plenty of my own research, and reading between the lines I've determined there is a high likelihood that there are hidden actors doing major things, and therefore that the conspiracies are the bread crumb trail to something big, specifically within the United States Intelligence Community and the Military Industrial Complex. The school of thought you seem to be representing likely never acknowledges such--so it's like: who cares how much foreign policy knowledge you have when it's all geared away from so called "conspiracy theories."

All you need to do is use personal logic. Take JFK as an example: a man killed JFK. Then he was killed. And then within 3 years that guy was dead too. Is that not extremely fishy. Gun to my head and I have to make a split second decision whether that was a plot or not--the logical answer, for me at least, is that it's a plot. There are too many things like that. And all those events will never be proven until they are, at which point we'll be living in a very different world. That was their whole point--to hide and obscure what really happened and true intents. All these so called conspiracies were carried out by extremely powerful and formidable people with the sole aim of keeping them secret--do you think it will easily come out. Of course not. But with too many discrepancies it's become increasingly difficult to believe anymore.

All you really need to do is watch this short interview of General Wesley Clark on his shock about our pre-planned strategy to invade a bunch of Middle Eastern countries and--provided this guy is real--you know something is up:

https://www.youtube.com/watch?v=ojcoKnTGf4s&feature=share

Anyway brother, just remember one's true intent is extremely easy to conceal if that is your goal. Do you think all the true intents of all the politicians and heads of states are really out out there worn as a pin on their breast? No, it's not. If they are smart they will always find ways to make it seem like the enemy's fault, e.g. Saddam Hussein invading kuwait because what he claims was them lending Iraq money to fight Iran and benefiting from it and therefore should mean the debt is wiped clean. I'm not saying whatever nonsense he had in his head wasn't "nonsense" or that he wasn't working is way through Kuwait to Saudi Arabia. What I'm saying is a power as powerful as the United States can dodge and weave and use any circumstances to its advantage. That's part of the advantage of being the top dog--you can counter punch anything and still come out unscathed. But it doesn't make it right when the powerful intentionally blow things out of proportion to attain an aim the public would otherwise not support. And it's definitely not right if they fabricate lies to do so. I do believe everything is a matter of degree, and do I believe the US is far on the evil side? No. Do I believe they've taken it too far and tipped the see-saw to a very dangerous side. This I know to be true, even if they have been wrongly pegged by conspiracy theorists--their handling of conspiracy theories alone has been egregious in its inability to allow for any perspective other than a hyper patriotic one; no perspective is allowed other than one that thinks America can do no evil. I think it can, and I don't think the thought needs to be the end of us, but rather the beginning of a conversation and hopefully a new era. Either way, it's going to take something big to reverse the dangerous course we're on.

So no I'm not convinced America is a benevolent force operating for the broadest picture of the greater good, and I'm not going to be intimidated by anyone who's read tomb after tomb of perspectives biased toward the anglo-saxon tradition/hierarchy of the west or whatever you wanna call it. The west has been dominating the world in the open for Millenia. With the advent of media and various news networks, it now needs to do so in the shadows. I highly doubt the agenda has changed. I highly doubt those with lots to gain are able to see how ends-justify-the-means-mentality is not in interest of the biggest picture for humanity when they stand to benefit in the immediate short term by such actions. I do believe they think they are doing good. I dont believe in James Bond villains. I believe their perspective is outdated, skewed by self-interest and will not ultimately create a cooperative more integrated world as they hope. We have gun-to-your-head peace in the world now, thanks to the US. History has told us that never lasts. Somebody will creep up behind us and eat our lunch, and use our same aggressive tactics against us, and at this point in history with so much technological progress, it might be catastrophic. In short, America needs to lead by not muscling around so much. Our time will come unless we start to back down. It's as simple as that. We're dealing with people who have the thought process that you can only stay on top by ruling through strength. And I disagree. My opinion is it lasts for a time, but always comes to an end, and that what has far more longevity is a cooperative attitude that sometimes requires backing down, specifically when ur wrong. But America won't back down even when they're wrong--hence we never apologized for Vietnam, hence our approaching 20 years in the middle east that didn't need to happen. I firmly believe we should 100% get out today, and that THAT would be the best decision for humanity, even if it leaves things in a disarray. Most people believe we now have to pick up the pieces for the mess we made. Well, that's about to lead to us in Syria, etc, and all the other countries General Wesley Clark says has been on our list since 2001. Yea, we need to get out immediately. The world doesn't want this. It's only a matter of time before it results in a major conflict. In addition, it's just wrong. It's not the right way to go about it. You can't make a cooperative world through the lack of it. What goes around will eventually come around. America is the Roman Empire and it doesn't need to go down in flames--rather it can be a stepping stone to a more conscious cooperative planet. But our invasions will lead to us going down in flames, regardless of what good intents we can get the media and foreign policy authors to claim it was about.

So unless you're a foreign policy expert trying to see everything through the lens of "who's really pulling the strings," I don't value much what such a writer says. The reality is all the writers that are looking for whose pulling the strings are cast off as conspiracy theorists. So you're basically saying: if you don't trust the consensus the powers that be and the media put out, your point of view is a conspiracy theory or that of a dilettante. That's unfair and nonsense. The good thing is that times are changing--most educated people in their 20s and 30s, that i meet at least, believe the conspiracies or strongly entertain them. The world is changing, and though we may not have proof, we aren't stupid and it's not going to last much longer. Trump is a reflection of that. He may be egregious, but it's a step toward unraveling the powers that be within the Intelligence/Military Industrial Complex.

Re:David Rockefeller has died by unityByFreedom on Monday March 20, 2017 @01:09PM (#13915819)
Are you trying to say that people who encourage international trade caused the situation in the middle east? Or trying to pin that on one political party? I don't think that's accurate or fair.
Re:David Rockefeller has died by faceyspacey on Monday March 20, 2017 @01:24PM (#13915961)
Well that's not what I'm trying to say all. I'm saying specifically the war on Iraq and Afghanistan was manufactured by the powers that be. They either made the attack themselves on the twin towers, knew about it, or capitalized on it nevertheless as soon as they were fortunate enough for such thing to happen. They are willing to make sacrifices that the rest of the world might not agree with in order to create how THEY envision a utopian earth. And because they are going about it in such an uncooperative manner they are destroying the likelihood of the cooperative/integrated outcome they are aiming for. They are rushing it so they can see it and benefit from it during their lifetimes. They are shortsighted and dangerous to all.
Re:David Rockefeller has died by unityByFreedom on Monday March 20, 2017 @01:43PM (#13916104)
And what is your solution to this dilemma? As soon as you become leader, you are the establishment. Trump is the establishment now, and he's certainly elite.

There have always been leaders in society. We have parents, bosses, and presidents. It's just the way things are. You can still work to change your own situation.

Re:David Rockefeller has died by faceyspacey on Monday March 20, 2017 @01:58PM (#13916238)
There's a difference between leaders and leaders willing to go to any means to achieve their ends.

What I'm doing is sharing info in a more balanced less conspiracy-laden way than many would. And believe me I am--what I'm saying is tame relative to what many others would say and how they would say it. The problem is too many people still believe 911 wasn't manufactured just as the weapons of mass destruction Iraq never had was.

But this is changing. Alternative media networks like hacker news itself are growing in influence. Sharing this info in a balanced way and seeing what people think is what I'm doing. Our media is getting displaced just like every sector of society is fragmenting and decentralizing (think music industry, what Netflix and Amazon are now doing to film, etc). We need to form our own concensus to destroy the grip western media has on people. For example, without sharing a bit of proof and providing a bogus motive-centric report, the DNI told the media that Russia hacked the DNC and the media repeated it without question. That's a problem. It's a problem when we are all just supposed to believe our intelligence agencies without question. It's a bigger problem that the media actually did it. Russia likely didn't hack us, yet we'll never know--yet most people believe it without question!

The real problem is the journalists and politicians have no choice but to believe it in order to not appear anti-establishment. Basically our leaders can't go against a corrupt worsening country because it hurts their careers by making them appear anti-establishment. Some--Trump--have made a political career out of being anti-establishment, but he's an outlier. However as egregious as he is, he might be the impetus to many more taking stronger stances against our hidden government.

The only thing we CAN do my friend is achieve concenus in a grass roots manner amongst the people. That's the only thing that will stop this train. Do you think 911 was likely a false flag attack to spur action or not? That is the question.

Re:David Rockefeller has died by unityByFreedom on Monday March 20, 2017 @02:17PM (#13916367)
Comrade, I think you spend too much time on the internet. Get some fresh air and exercise. I wish you well.
Re:David Rockefeller has died by amyjess on Monday March 20, 2017 @04:27PM (#13917393)
I've come to this same conclusion as well. If the global elite is, as the populist crowd claims, trying to enforce LGBT rights, pro-science public policy, representation of minorities, etc., then I enthusiastically give my full support to the global elite.

As time goes on, the anti-elite movement comes off more and more as a pack of vandals.

Re:David Rockefeller has died by notsofastmister on Monday March 20, 2017 @01:17PM (#13915893)
He also praised the genocidal policies of Mao Ze Dong in 1973. In the NYTimes, no less:

"The social experiment in China under. Chairman Mao's leadership is one of the most important and successful in human history. How extensively China opens up and how the world interprets and reacts to the social innovations and life styles she has developed is certain to have a profound impact on the future of many nations."

http://www.nytimes.com/1973/08/10/archives/from-a-china-trav...

Re:David Rockefeller has died by unityByFreedom on Monday March 20, 2017 @01:38PM (#13916070)
Fake news. Nowhere there does he advocate genocide.

In 1973, most people probably weren't aware of the humanitarian crises that happened in China since the Communists took over.

That's right when Nixon visited and was re-establishing friendly relations there. Most people were unaware of the happenings inside China. They were hoping to establish better ties in order to promote cultural exchange. Thus, praising Mao at that time is not out of the ordinary.

Re:David Rockefeller has died by notsofastmister on Monday March 20, 2017 @02:00PM (#13916254)
Mao Ze Dong was working with the Yale-China association in the 1920s. So China wasn't as closed as it may seem. And a banker working with all the dictators in the world (and Kissinger!) isn't "most people". [0]

Can you find any other example of someone praising China at the same time? Mass killings had already been a part of life in China since 1911. [1]

[0] https://en.wikipedia.org/wiki/Yale-China_Association [1] https://www.hawaii.edu/powerkills/CHINA.CHAP1.HTM

Re:David Rockefeller has died by unityByFreedom on Monday March 20, 2017 @02:10PM (#13916324)
More fake news.

China was closed from roughly 1950 - 1972. In 1920 they'd just overthrown the last dynasty and were trying to establish a democracy, so, it makes sense they'd be in contact with the US at that time. Unfortunately there were some assassinations and their multi-party system never got off the ground.

There are probably tons of optimistic articles about US-Chinese relationships in the mid-1970s, as well as critical ones.

As it turns out, trade helped boost the economies of both Taiwan and China, and people don't call them the third world anymore. Is it perfect? No. But we still talk to them and do trade.

Rockefeller never advocated genocide. Doing business with or speaking positively of a certain leader doesn't mean you approve of everything they do, nor does speaking negatively mean you disagree with everything they do. What you said above is fake news.

Re:David Rockefeller has died by notsofastmister on Tuesday March 21, 2017 @04:35AM (#13920635)
Ok, I finally found a good reference:

"In the 1960s and 1970s, David Rockefeller, then-chairman of Chase Manhattan, frequently visited Hong Kong and opened more branch offices there. In 1973, the bank became the Bank of China's first American correspondent bank." [0]

The guy who wrote the book in 2016 has an M.A. and Ph.D. in economics from Harvard, works for the Congressional Research Service and is an affiliate faculty member at the economics department of George Mason University.

Is this still fake news? Or was David Rockefeller the first American Banker to open a branch in China after numerous trips in Hong Kong?

[0] https://books.google.ch/books?id=Qaa7DAAAQBAJ&pg=PT116&lpg=P...

Re:David Rockefeller has died by unityByFreedom on Tuesday March 21, 2017 @01:58PM (#13924567)
No, that is not fake news. The title of the book is loaded but the facts you cited are unbiased.

There is a big difference between this and saying that Rockefeller advocated genocide, or that there's something wrong with the US and China having trade relations.

I don't think it's any secret or part of a conspiracy that Rockefeller worked to establish economic ties with China. It was part of his job. Bankers, hate them or love them, are part of the economy.

Re:David Rockefeller has died by coldtea on Monday March 20, 2017 @01:59PM (#13916245)
>and of conspiring with others around the world to build a more integrated global political and economic structure -- One World, if you will. If that's the charge, I stand guilty, and I am proud of it.

As if this is some benevolent plan towards harmony and peace, and not merely a way to build an empire where corporatists and moguls have increased control on an even more defenseless populace without shared historical and cultural resistances (like the role the Constitution, for example plays in the US).

In other words, the exact feudal states and empires that nation states were invented to rid us of.

Re:David Rockefeller has died by skyhust on Monday March 20, 2017 @03:23PM (#13916911)
Here's a clip of Rockefeller laughing in response to an interviewer's introduction saying "and conspiring to enslave the nation to the machinations of the Trilateral Commission"-

https://streamable.com/video/v0cdr

And this is a longer compilation which covers his background and has some interesting parts-

https://vid.me/wde9#75s

Re:David Rockefeller has died by icelancer on Monday March 20, 2017 @01:49PM (#13916164)
Rich people like to hang out with other rich people. People enjoy shared backgrounds. That explains 95%+ of the "conspiracies," as David alludes to.
Re:David Rockefeller has died by amha on Monday March 20, 2017 @01:10PM (#13915823)
Rockefeller's MEMOIRS is surprisingly good. I picked it up figuring it would be typical celebrity schlock––but it's very thoughtful, comprehensive, and well-written. May we all lead such interesting lives, and write so well about them!