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Thread: 40 Billionaires pledge to donate half of their wealth

  1. #51
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    WHERE DID THE CASH COME FROM TO GIVE AWAY.... it was invented, lets not forget the tax payer will pay , because the rich always claim whatever they give, back it tax allowances....

  2. #52
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    Quote Originally Posted by YoungLiberal View Post
    40 billionaires pledge to donate half their wealth - U.S. news - Giving - msnbc.com

    A combined give-away of €230 Billion to philanthropy.

    Would seem to contradict the following Economist article somewhat:

    Wealth, poverty and compassion: The rich are different from you and me | The Economist

    Unless, uber-rich people are more generous that normal rich people. Good stuff from Gates and Buffet, anyway (In addition to the fact that both have already pledged to bequeath almost all their respective fortunes to charity)
    give me a million please!
    "The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself. That, in its essence, is fascism - ownership of government by an individual, by a group,”

    Franklin D. Roosevelt 32nd US President.

  3. #53
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    The alternative to not giving away the money is to keep it. I know which I prefer.

  4. #54
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    Quote Originally Posted by LeDroit View Post
    Do you think we'd have computers, the Internet or software if the Market hadn't provided reward for the enterprise, risk, investment and endeavour that those inventions required?
    Considering that computers, software and the internet were developed by state institutions, I'd say your post is a bit silly.

  5. #55
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    Quote Originally Posted by LeDroit View Post
    Tax exile bla bla. That's a distraction. The fact is that 4% of the population pay 48% of all tax.
    And 4% of the population own 86% of the land of Ireland. That's worse than in Cuba before the Revolution - where 8% of the population owned 75% of the land.

  6. #56
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    Quote Originally Posted by the real athair_siochain View Post
    WHERE DID THE CASH COME FROM TO GIVE AWAY.... it was invented, lets not forget the tax payer will pay , because the rich always claim whatever they give, back it tax allowances....
    Basically, these spivs have bought governments, overthrown democracy, and have been allowed to put their own private tax on all human activity. No wonder they are so rich.

  7. #57
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    Quote Originally Posted by Cael View Post
    And 4% of the population own 86% of the land of Ireland. That's worse than in Cuba before the Revolution - where 8% of the population owned 75% of the land.
    I usually agree with what you post on this forum but I hate this talking point, (although I do think the revolution was a good thing), it doesnt mention mechanisation, that in Cuba the people who worked the land didnt own it, whereas in Ireland they do, or that the people making the real money of farming these days are the stockholders in Tesco or the rest. Although there are quite a few well off farmers...

    But I'm just biased since my father's a hard working farmer.

    Anyway, this news is great PR for billionaires, they can give away 99% of their wealth and still live in opulence.

    The problem is that before they give it all away first they have to take it. Such as by taking money for themselves they should be giving to their employees in higher wages, or profiting from science and technology that was researched and developed in the state sector, and then handed over to private industry when it became profitable.

    I read a great article on this by Slavoj Zizek. Even the first billionaire, Carnegie, built schools and hospitals for poor people while at the same time hiring private armies to beat down the workers who made him the money in the first place! Did this end the problems that capitalism created? Of course not.

    Here's the article: LRB · Slavoj ?i?ek · Nobody has to be vile

    Etienne Balibar, in La Crainte des masses (1997), distinguishes the two opposite but complementary modes of excessive violence in today’s capitalism: the objective (structural) violence that is inherent in the social conditions of global capitalism (the automatic creation of excluded and dispensable individuals, from the homeless to the unemployed), and the subjective violence of newly emerging ethnic and/or religious (in short: racist) fundamentalisms. They may fight subjective violence, but liberal communists are the agents of the structural violence that creates the conditions for explosions of subjective violence. The same Soros who gives millions to fund education has ruined the lives of thousands thanks to his financial speculations and in doing so created the conditions for the rise of the intolerance he denounces.
    Romani ite domum!

  8. #58
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    Society needs to be educated,
    If I was to say we should just print money and hand it out to the poor. people would say I was crazy.
    Work this out. over the past ten years the rise in equity on property world wide amounted to between two and three trillion dollars, this equity was used to buy more property, overseas holidays , luxury cars etc etc, is this not printing money for the rich, I have seen a item sold for 8000% profit.
    The greedy landlord and money lender have had total power. rental values are based on the value of the property. not on the comforts and lifestyle of the tenant, we need to bring back hanging,,,,,,,

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