kingshrubb@lemmy.ml to Microblog Memes@lemmy.worldEnglish · 23 days agowealth inequalitylemmy.mlexternal-linkmessage-square15fedilinkarrow-up1613arrow-down17
arrow-up1606arrow-down1external-linkwealth inequalitylemmy.mlkingshrubb@lemmy.ml to Microblog Memes@lemmy.worldEnglish · 23 days agomessage-square15fedilink
minus-squareapfelwoiSchoppen@lemmy.worldlinkfedilinkEnglisharrow-up25·23 days agoBut we’re told Warren Buffet is the good kind.
minus-squareshalafi@lemmy.worldlinkfedilinkEnglisharrow-up4arrow-down8·23 days agoHe is! https://givingpledge.org/pledger?pledgerId=177 There’s an Indian parable about a rich man. Every time a beggar asks for money, he gives it, until he has no more to give and is himself a beggar. You can’t give it all up and expect to continue contributing.
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up6·22 days ago Every time a beggar asks for money, he gives it, until he has no more to give Why would the rich man ever run out? Wealth isn’t merely a pile of currency, it is a collection of wealth producing assets. A man who collects $1000/day in rents will never have less than $1000/day to give to beggers. The harder question to answer is why some of us pay others for the privilege of accessing public goods.
But we’re told Warren Buffet is the good kind.
He is!
https://givingpledge.org/pledger?pledgerId=177
There’s an Indian parable about a rich man. Every time a beggar asks for money, he gives it, until he has no more to give and is himself a beggar.
You can’t give it all up and expect to continue contributing.
Why would the rich man ever run out? Wealth isn’t merely a pile of currency, it is a collection of wealth producing assets.
A man who collects $1000/day in rents will never have less than $1000/day to give to beggers.
The harder question to answer is why some of us pay others for the privilege of accessing public goods.