Skip to content
Culture & Religion

Billionaire Philanthropist is an Oxymoron

"The concept of a 'billionaire philanthropist' is an oxymoron. If somebody has amassed a billion dollars, that person likely did so by overcharging for products/services through monopolistic power in the marketplace. It would be much more impressive to see the 'billionaire philanthropist' drastically cut prices for the benefit of mankind rather than merely handing over 10%-20% of personal net worth for purposes of obtaining a tax break."

When elites use their muscle in the market to gouge consumers, then returning a tiny fraction of the loot hardly constitutes philanthropy.


Related

Up Next

Freedom of Expression is No Longer Sufficient for a True Democracy

“There is a strange illusion of freedom in this plutocracy masquerading as a democracy. Yes, we have the freedom to be obscene, wear the latest Halloween costume, and behave rudely. But we remain slaves to a system that will imprison us if we don’t pay our taxes, compels us to buy essentials from monopolies, and will seize our house if we fail to make the mortgage. Just because you can say ‘f-ck’ in public does not change the fact you remain a slave to the dollar bill.”