https://theintercept.com/2015/11/25/how-the-gates-foundation...
https://theintercept.com/2015/11/25/how-the-gates-foundation...
They're trying their best to do good with their money. This is more than can be said for most billionaires. Are you suggesting it would be better if all billionaires simply kept their money in the family and didn't try to help others?
Any bold investment carries a risk of failure. Does that mean no one should make bold investments, to you?
> The Justice Department and the Securities and Exchange Commission have both opened preliminary investigations into bribery accusations involving Microsoft in China, Italy and Romania, according to the person, who spoke on the condition of anonymity because the inquiry is a confidential legal matter.
The article is 3-year old and of course nothing came out of it, but based on the very happy coincidence that our Government signed a big contract with MS just days after Ballmer had paid a quick visit to our God-forsaken country back in 2004 and that the PM at the time was a corrupt guy (who later on went to prison for other stuff) I'm 100% sure that MS (and Gates) actually took that money out of our pockets.
So, Microsoft, which was headed by Ballmer at the time (Gates already years into retirement from operations), took a contract from your corrupt government, that might have broken a law (never proven)...and Bill Gates is to blame?
You have a lot of misplaced anger.
> You have a lot of misplaced anger.
I'm angered by many other things some of which I have control over, economic colonialism (like it happened in this case) I have no control over so no reason to be angered about. Just wanted to add a different perspective to things.
Having a monopoly isn't illegal in the US. Making billions of dollars with a monopoly is not illegal in the US. The abuses in the market that Microsoft was found guilty of, they were punished for. What else are you asking for exactly?
Gates doesn't need any forgiveness. His former company's wrongs have already been accounted for - a long time ago - through an appropriate legal process.
And many things he did while legal, were highly immoral, such as: lying, cheating, investing capital in weapon makers and companies doing the opposite of what he is defending now, tax optimization, heavy lobying, retaining a huge part of capital and not letting it flows in the economy, abusing monopoly, patent trolls (and other kind of extorsions), censorship, helping dictatures, etc.
He earned a lot of money doing so, and the cumulated consequences of those are huge. The fact that people are so quick to forgive and forget those prove that not only he got top noch PR people, but that people are ready to accept anything with a good PR.
Sometimes I wonder if humanity deserve freedom, because it seems it's wired to go in the exact opposite direction and love to allow bad people to shine. Democracy is a long term process, not a 5 minutes vote. It requires you to not allow those persons to mess with the system, then get your blessing years later.
Your profile says you blog about porn. Personally, I'm a consumer and have no issue. But you have a lot of nerve lecturing people about immorality. That isn't the most "above board" industry, and it may have even harmed a person or three.
>but that people are ready to accept anything with a good PR.
Yeah, nobody "gets it" but you...
Microsoft has probably been the least aggressive of the larger software companies in the use of patents. While Gates ran it, I don't recall them ever using patents to shut down competitors. They did collect a "war chest" of patents, but as a defensive "mutually assured destruction" strategy.
Microsoft was famously sued by Apple over "look and feel" copyrights. After that, who could blame them for amassing a large patent portfolio?
On a national level, I would agree with you that outsized influence of charity vs public policy is a bad sign, even if the results may not be so bad at some point in time.
But on a global level, things are very different. Those who distribute public development funds cannot be voted out of office by those who receive or don't receive those funds. So charity is all we have. Even public development spending is basically charity as it's not based on rights or on democratic participation.
See this article (fig 1) - http://www.avac.org/sites/default/files/resource-files/Resou...
The only examples are "The Gates Foundation tried something, found it didn't work, and so stopped doing that thing [smaller schools.]" They're then criticized for attempting teacher metrics, and a couple paragraphs later, "they've since backed off on this, but the damage of their influence has already been suffered!" Which, to me, reads again as "they thought teacher metrics would work. They found it didn't, so they stopped doing that."
Actually, a lot of that article basically reads as "no one should ever make calculated experiments to discover what the most effective interventions are. How dare the Gates Foundation not be all-knowing! And if they're not going to be all-knowing, they have no right to admit to a mistake and back off on a failed intervention!"
I- what?? What?!
Presumably, then, the author (or the people the author is echoing) can put forward a better alternative, rather than just criticize the organization for recognizing failure and re-allocating resources. "Assuming that poverty is not going to be solved overnight, what other, more immediate steps might be taken to address these problems? How might Gates spend its money more wisely? McGoey offers little guidance on this. She seems to have visited few schools and talked to few teachers or parents. Nor does she give much space to the perspective of the Gates Foundation itself."
She then slams the Gates Foundation for doing "considerable good" in public health. What's their flaw, then? The author's unsubstantiated assertion that they ignored opportunity cost. Not even that. She sort of /implies/ that other health interventions would have had greater public health ROI (by pointing out that chronic disease is very expensive, she leads us to conclude "why, then we could save a lot of money by intervening there", ignoring whether that larger cost correlates to more lives saved per dollar spent), and that the Gates Foundation ignores them, but doesn't actually provide any stats on that being the case. Which makes sense, of course, because there aren't any good stats to support that argument: the Gates Foundation particularly staked out their interests in extremely high ROI illnesses. It's shit-tons cheaper to save a man-year from malaria than to save one from type 2 diabetes.
This is not a great article. The author, Michael Massing, appears to have written it with far more bias than critical attention, and you should reconsider letting it inform your opinions.
Oh come on now.