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By JORDAN WEISSMANN
Billionaire acts of philanthropy can often be half-baked or blatantly self-aggrandizing—like Mark Zuckerberg’s $100 million misadventure with Newark’s schools, or the time Steve Schwarzman offered his old high school $25 million to rename itself after him and hang his portrait on the wall. Jeff Bezos’ first major step towards giving away part of his riches, thankfully, appears to be neither. On Thursday, the Amazon founder announced on Twitter that he and his wife MacKenzie would pour $2 billion into a new organization, the Bezos Day One Fund, to combat homelessness and create a network of preschools for lower-income children. While there are lots of unanswered questions about the details, the move seems like a promising and soundly straightforward attempt to help America’s poor.
Even if it is, that doesn’t mean Bezos should be celebrated uncritically for his generosity. Whenever a massive fortune is used to do good, it can’t help but raise questions about how that fortune was made in the first place. And the timing of Bezos’ new venture is especially fraught, given Amazon’s recent role in killing a tax that Seattle lawmakers had hoped would fund the city’s own anti-homelessness efforts. It’s simultaneously smart philanthropy and a symptom what’s ailing our country to begin with.
originally posted by: Fallingdown
That boys and girls is why you don't smoke pot.
I don't care why he is doing it, as long as the money helps to come close to achieving it's intended goal.
Bezos says he wants to directly control the schools’ operation so that they can be run like Amazon and adopt Amazon’s principles. “Most important among those will be genuine, intense customer obsession,” he writes. “The child will be the customer.”
originally posted by: smkymcnugget420
a reply to: introvert
I don't care why he is doing it, as long as the money helps to come close to achieving it's intended goal.
oh i'm quite sure that will be money well spent on some high quality indoctrination of children.
AI is God
Microchip implants are good
privacy is dangerous
originally posted by: Willtell
a reply to: introvert
I agree with you. When a person does such good one has to give them props
If he's doing it for suspect motives, well then still his money is good
originally posted by: Willtell
The writer here praises Bezos yet also questions his actions in making his fortune.
This is, of course, ultimately for God or karma to judge but one has to always praise such generosity but as the writer here points out this is morally complicated
link
By JORDAN WEISSMANN
Billionaire acts of philanthropy can often be half-baked or blatantly self-aggrandizing—like Mark Zuckerberg’s $100 million misadventure with Newark’s schools, or the time Steve Schwarzman offered his old high school $25 million to rename itself after him and hang his portrait on the wall. Jeff Bezos’ first major step towards giving away part of his riches, thankfully, appears to be neither. On Thursday, the Amazon founder announced on Twitter that he and his wife MacKenzie would pour $2 billion into a new organization, the Bezos Day One Fund, to combat homelessness and create a network of preschools for lower-income children. While there are lots of unanswered questions about the details, the move seems like a promising and soundly straightforward attempt to help America’s poor.
Even if it is, that doesn’t mean Bezos should be celebrated uncritically for his generosity. Whenever a massive fortune is used to do good, it can’t help but raise questions about how that fortune was made in the first place. And the timing of Bezos’ new venture is especially fraught, given Amazon’s recent role in killing a tax that Seattle lawmakers had hoped would fund the city’s own anti-homelessness efforts. It’s simultaneously smart philanthropy and a symptom what’s ailing our country to begin with.
Even though I am one of Bezoz' biggest critics, I say its always a good thing if needy people are helped.
Judge for yourself