This is where journalistic framing matters. Focusing on the giving biases the story toward the winners. Journalists should use a giving list to interrogate how that money was made, whether by selling ads that let Russia hack an election or gutting the middle class.
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82 percent of new wealth generated last year was cornered by the top one percent. https://www.cnbc.com/2018/01/22/wef-18-oxfam-says-worlds-richest-1-percent-get-82-percent-of-the-wealth.html … Which means that some of the very people being feted for giving back are part of the problem they purport to be solving.
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That number should haunt every discussion of philanthropy. All the giving activities are input variables. The output variable is clear: the super-rich monopolized most of what was generated last year. So their giving is overwhelmed by their taking.
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Wealth tax
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Really good question. I believe that with great wealth comes a level of great exploitation..be it the environment, natural resources, infrastructure or workers.
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Just once I'd like to read about a 1%er redirecting profit directly to hardworking employees. THAT would be a very effective way to impact the world.
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I don't understand how you break thru the absolute idiocyPoliticians say we need2give the wealthy even more so we can help the poor!People stupidly just go along with it.If you really want2help the economy you break up the wealth hoardingMore money at the bottom means more$$spent
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Let’s not paint every person of wealth with the same brush. There’s a LOT of honest, heartfelt philanthropy that goes on in this country every day.
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