Against Big Philanthropy
Philanthropy sounds nice, but it’s still a tax-sheltered way that plutocrats exercise power, says Stanford's Rob Reich.
The world’s tech titans are amassing some of the biggest fortunes ever created. Some, like Mark Zuckerberg and Bill Gates, are giving most of it away. While there have been some dissenters, the general reaction to this kind of philanthropy has been positive. Bill Gates has the highest net favorability of any major political figure not named Colin Powell; he’s seen as warm competent.
