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Since my other posts criticizing billionaires started controversy on whether or not “progressive” and “charitable” ones are better than the rest, I’ll lay it out simple:

There is nothing stopping the world’s richest people from combatting poverty at its source except the cheap labor they know they and their friends need to exist.

I repeat: The reason billions of people are living in destitution despite an abundant amount of wealth is because capitalism is reliant on it. Billionaires are reliant on it. Bill Gates will not go to Bangladesh and campaign for wage increases and safety standards for multinational corporations responsible for the collapse of the Rana Plaza, which killed thousands of innocent people. Warren Buffett will not consult the World Bank about its manipulation of global poverty statistics, which is responsible for the narrative that what these multinational corporations do is just.

That’s because like anything under capitalism, charity is an investment. Billionaires investing in charity do so expecting a profit in return. Economic imperialism; cheap labor, is the reason we have such extreme inequality around the world.

If billionaires cared, they’d stop being the imperialists in chief, knowingly befriending and investing in corporations and their leaders responsible for what horrors we witness under capitalism.

It’s just business to them, and human life is a cost-benefit analysis.

Instead of angrily defending them, think about their motives.

That’s not even mentioning that also when “progressive” billionaires say they want higher taxes there is nothing stopping them from doing what taxes are designed to do. But they’d have to stop evading taxes first.

Oh yeah and Bill Gates actually spoke out AGAINST raising wages so that’s never a great look, but I guess it makes sense when the Gates Foundation mentions wanting people to pull themselves up by their bootstraps

Warren Buffett is a slumlord with a fossil fuel empire

Mark Zuckerberg runs a company with a business model that relies on mass surveillance

Jeff Bezos got some compliments from liberals for defying Trump, he runs a parasitic monopoly responsible for actual death

If you think my ideas are too radical, check out those of social democrats that support capitalism billionaires still wouldn’t do regarding global poverty:

1. A reversal of the trend towards more regressive forms of taxation;

2. A global minimum corporation tax rate;

3. Measures to boost wages compared with returns available to capital;

4. Increased investment in free public services and safety nets.