Jack Dorsey gives $1B to fund global Covid-19 relief

Re:Jack Dorsey gives $1B to fund global Covid-19 relief by awaythrower on Tuesday April 07, 2020 @06:40PM (#22808241)

This is an inconvenient fact because most HNers tend to be wealthy or upper-middle class, first-world and myopic to their limited filter bubbles... and so utopian anarcho-capitalism and Austrian school economics seems meritocratic, functional, justified and superior to everything else.

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Re:Jack Dorsey gives $1B to fund global Covid-19 relief by icebraining on Tuesday April 07, 2020 @06:59PM (#22808391)

I usually vote for "far-left" parties, yet I have no idea how Dorsey giving $1B away "is a clear case study of the amount of wealth destroyed _by gutting government_", so maybe the downvoters simple don't think emeerson has made a good and clear point.

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Re:Jack Dorsey gives $1B to fund global Covid-19 relief by emeerson on Wednesday April 08, 2020 @06:06PM (#22817717)

To clarify my thinking: defunding Govt' pandemic preparedness became a forcing function for the individually wealthy to deploy private capital with much higher $$$ cost.

Point taken that its a stretch of the imagination.

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Re:Jack Dorsey gives $1B to fund global Covid-19 relief by enilakla on Tuesday April 07, 2020 @08:20PM (#22808926)

Assuming that many people are of Austrian school of thought here and thus brush this 'inconvenient fact' off seems ridiculous.

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