Sunday, July 21, 2024

Delusions of Philanthropy – Patriotic Millionaires



But an old rule still applies: outsized success inevitably engenders hubris; that hubris breeds blindness; and blindness in wealthy elites does untold damage to a country's social fabric and economic health. It is a tale as old as time.

Such hubris, and the blindness that follows, has infected Silicon Valley venture capitalist Marc Andreessen. Two weeks ago, Andreessen published a manifesto in which he argued that amassing personal fortunes is inherently philanthropic. Yes, you read that correctly. He's claiming that the mere act of accumulating vast riches, without giving any of it away, is in and of itself an act of charity.


More:
https://patrioticmillionaires.org/2023/11/02/delusions-of-philanthropy/

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