Re:Larry Page: I’d Rather Leave My Billions to Elon Musk Tha...
by k-mcgrady on Thursday March 20, 2014 @04:20PM
(#7438398)
>> "Nobody on earth is rich enough to get the bottom 10% out of poverty."
Nobody is proposing just giving out money to help poor people. You do what Gates is doing. Target specific problems. If you read his annual letter this year (if you haven't it's worth it) he makes the point that by preventing death through things like Malaria, Polio etc. there are several knock on effects. Less children will die and if you can educate them you have more people to push the economy forward. Families will also reduce in size (people will have less children as the ones they have are less likely to die) and the problem of over population will be improved. I think these are some things that neither money alone nor capitalism can solve but if we can solve the underlying problems as Gates is doing capitalism can take over.
Nobody is proposing just giving out money to help poor people. You do what Gates is doing. Target specific problems. If you read his annual letter this year (if you haven't it's worth it) he makes the point that by preventing death through things like Malaria, Polio etc. there are several knock on effects. Less children will die and if you can educate them you have more people to push the economy forward. Families will also reduce in size (people will have less children as the ones they have are less likely to die) and the problem of over population will be improved. I think these are some things that neither money alone nor capitalism can solve but if we can solve the underlying problems as Gates is doing capitalism can take over.