this post was submitted on 01 Aug 2023
260 points (100.0% liked)
196
16724 readers
2208 users here now
Be sure to follow the rule before you head out.
Rule: You must post before you leave.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I believe they're alluding to the wealthy funneling their money into foundations and other "charitable" endeavors as basically being a money wash that also comes with a lot of power to influence things. Their charity comes with strings and when you're talking about the vast sums they wield, it has the ability to derail other charities or efforts that may have been more focused on the actual task/problem. If NPR decides not to run a story critical of Microsoft or the Gates's because the Bill and Melinda Gates foundation are donors, does that charity still have a net positive effect?