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posted by janrinok on Friday November 11 2016, @01:08PM   Printer-friendly
from the you-can-only-spend-so-much dept.

About half of the top 50 philanthropist dollars in the United States in 2014 were given by tech entrepreneurs, according to The Chronicle of Philanthropy. Overall, the technology sector gave away $5 billion that year, though their charitable contributions dropped precipitously last year to $1.3 billion (possibly skewed due to the absence of "mega-gifts," such as a $2 billion donation by the Bill and Melinda Gates Foundation in 2014).

"There is a very real surge of philanthropy from tech sector leaders," says David Callahan, founder and editor of Inside Philanthropy, a news website that tracks nonprofits. "Many of these folks believe in giving early in life while still in their careers, as opposed to a more traditional model of waiting until later in life."


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  • (Score: 1) by khallow on Saturday November 12 2016, @09:54AM

    by khallow (3766) Subscriber Badge on Saturday November 12 2016, @09:54AM (#425996) Journal

    Instead of taking *all* of the money then throwing some scraps back, how about working for a fair and equitable society where everyone can make a living?

    I suggest going for the low lying fruit, like getting rid of your zero sum thinking here.

    And if creating and running a business is such a trivial task for the money obtained, then why not make a few businesses yourself rather than leaving that to ungrateful rich people? Then you wouldn't need to take scraps, and you could give fair and equitable wages yourself, completely bypassing any regulatory middlemen.

  • (Score: 1) by moondoctor on Saturday November 12 2016, @01:28PM

    by moondoctor (2963) on Saturday November 12 2016, @01:28PM (#426034)

    You make a lot of assumptions.

    >you could give fair and equitable wages yourself, completely bypassing any regulatory middlemen

    That's fucking gibberish.

    Paying fair wages bypasses nothing, and works well for everyone. You think there's regulations saying you must screw the poor? WTF is wrong with you?

    I got mine, and I don't throw or need scraps, I try very hard to be fair. I also try hard to be decent about wages etc., because most people that struggle in the United States are pretty fucked right now. It is more difficult to run a business in a fair and equitable way, but society will eat itself if we don't. (See: current events)

    Contrary to the mantra of the Harvard Business School, prosperity *is* pizza.

    • (Score: 1) by khallow on Saturday November 12 2016, @02:50PM

      by khallow (3766) Subscriber Badge on Saturday November 12 2016, @02:50PM (#426046) Journal

      Paying fair wages bypasses nothing, and works well for everyone. You think there's regulations saying you must screw the poor?

      Actually yes, I do think there's regulation that screws the poor. What's worse is that I think this regulation was intended to help the poor. Unintended consequences and all that.

      WTF is wrong with you?

      I have a low tolerance for this sort of bullshit. You just said that it's even to the advantage of the business owner to pay more to their employees. You got this problem solved. So solve it.

      I got mine, and I don't throw or need scraps, I try very hard to be fair. I also try hard to be decent about wages etc., because most people that struggle in the United States are pretty fucked right now. It is more difficult to run a business in a fair and equitable way, but society will eat itself if we don't. (See: current events)

      So it is more difficult to run a business in a "fair and equitable" way? So these so-called fair wages aren't an advantage to businesses. There's this cognitive dissonance.

      Here's the secret ingredient we're missing: more business creation and expansion. And one of the ways to get more business creation is to amply reward those who create businesses and employ people. So no, I think we're already paying fair wages. Working for a living just is far less valuable than employing other people else for a living.