“I will give away virtually all my wealth:” The Microsoft billionaire has pledged his foundation will distribute $US200 billion over the next 20 years.
But his charity works abroad a lot, so isn’t it more like a burglar stealing your TV, selling it and buying lifesaving drugs for third world children for the money?
Billions in deadweight losses 30 years ago is part of why they aren’t already making their own lifesaving drugs by now, and why the drugs are still so expensive. He stole their TV too.
And it’s working. His charity is extremely visible, while the public doesn’t understand how much he took and deadweight lost with his monopoly.
It’s like a burglar breaking your window, stealing your TV…
…
Years pass…
…
Here have a free TV! I am so generous!
But his charity works abroad a lot, so isn’t it more like a burglar stealing your TV, selling it and buying lifesaving drugs for third world children for the money?
lobbying the gov for strict IP law, he buys pharma stock before awarding the contracts for buying all the drugs to make money on that as well
https://www.realchangenews.org/news/2013/07/03/gates-foundation-s-support-monsanto-reveals-it-has-put-ending-hunger-back-burner
Billions in deadweight losses 30 years ago is part of why they aren’t already making their own lifesaving drugs by now, and why the drugs are still so expensive. He stole their TV too.