this post was submitted on 27 Dec 2024
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He is!
https://givingpledge.org/pledger?pledgerId=177
There's an Indian parable about a rich man. Every time a beggar asks for money, he gives it, until he has no more to give and is himself a beggar.
You can't give it all up and expect to continue contributing.
The overwhelming majority of contribution in society comes from the working class.
Taking money and then giving it back is the bare fucking minimum a person can do. It's like taking the whole cake and then giving back a thin slice. Hardly commendable.
Why would the rich man ever run out? Wealth isn't merely a pile of currency, it is a collection of wealth producing assets.
A man who collects $1000/day in rents will never have less than $1000/day to give to beggers.
The harder question to answer is why some of us pay others for the privilege of accessing public goods.