alt Hacker NewsAre markets so untamable that the only leverage is to become ultra-rich—and then act philanthropically? Incidentally, concentrated wealth lately looks less like stewardship and more like misanthropy.
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goodpoint • today at 4:00 PM
> concentrated wealth lately looks less like stewardship and more like misanthropy
...only lately?
Participating in the economic life before re-allocating that wealth produced to philanthropic activities sounds pretty good. Modern concentrated wealth is hardly misanthropic, since it's mostly private equity, that is, companies with people and jobs.