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Why There's No Such Thing as a Good Billionaire
About this video
Adam Conover argues that billionaire philanthropy is harmful, using examples like Patagonia's Yvon Chouinard. He says we should stop accepting the myths about benevolent billionaires.
Why it appears in the archive
HN uses it in threads about wealth and charity, either as support for the view that no billionaire is benevolent or as a contested counterpoint.
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From the Hacker News discussion
There are no such things as benevolent billionaires. There’s a problem with a society that enables billionaires to exist at all. It shouldn’t even be possible but we’re here for a lot of reasons. [VIDEO]
Read original comment ↗I didn't read they article but I don't have to... [VIDEO] It's all about avoiding taxes. It's an 120 years old story.
Read original comment ↗> why the ultra rich, once they've cashed out, create foundations that hand out grants? Not qualified to say whether this is exactly the case here, but I think this video about charities/funds as power-wielding vehicles bears some relevance: [VIDEO] Disclaimer: not a big fan of the delivery style in the video.
Read original comment ↗Adam Connover has a video that pretty directly contradicts this assertion. I'm sure the truth is somewhere in-between. [VIDEO]
Read original comment ↗