Billionaire investor Warren Buffett has hosted a private gathering at an Arizona resort for American billionaires who have pledged to give away at least half their wealth.
Well, how about giving some of that money to me? Oh, OK, I suppose I’m not as deserving as the starving millions. Sigh. It’s just that it seems to be very hard to get rich when you’re as lazy as me. 🙁
I think philanthropy is a good idea for rich people, although some cynics will point out that they took their money off poor people in the first place and in fact are only giving some of it back. Nevertheless, rebalancing the economy is a good idea – too much concentration of wealth is economically inefficient, and bad for those that don’t have any money too. It also can make a real difference, since governments and charitable organisations don’t seem to be changing much with their efforts (barring the eradication of smallpox). Perhaps a more personal approach, a direct approach, will actually achieve something tangible.