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(lemmy.world)
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this post was submitted on 18 Feb 2024
745 points (100.0% liked)
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More than most billionaires is a pathetically low bar to clear. Charities are less efficient than paying taxes to fund proper centralized systems but this way they get to hold on to the majority of their dragon hoard, not meaningfully address most of the cause they donate too, and launder their reputation to people like you that can’t see past the hollow optics.
Umm, ok, Like I agree with you that charities in general tend to be a bad way to solve public problems. But I'm also pointing out that charities rich people tend to contribute to are often even worse than ineffective for addressing public needs.