Comments on: Review of Philanthrocapitalism http://www.wikinomics.com/blog/index.php/2009/01/05/review-of-philanthrocapitalism/ Exploring How Mass Collaboration Changes Everything Sun, 28 Aug 2011 14:21:24 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dwayne Phillips http://www.wikinomics.com/blog/index.php/2009/01/05/review-of-philanthrocapitalism/comment-page-1/#comment-235453 Dwayne Phillips Tue, 06 Jan 2009 12:18:01 +0000 http://www.wikinomics.com/blog/?p=2282#comment-235453 Of course the rich can do big things for everyone. Just use the money they have and use it directly. Don't use the money to get elected to office and try to raise taxes and create permanent government bureaucracies. My favorite example in this area is the handgun industry in America. Ted Kennedy, just one historical example, tried and tried to pass legislation against the American handgun makers. Those companies are relatively small. Kennedy could have bought all of them and closed them. "Problem" solved. Ted Turner gave a billion dollars to the United Nations. Why did he do that? The UN is a permanent bureaucracy with a very high overhead cost. Ted should have just done things with his money directly. As a businessman, he knows how to do things efficiently. The UN doesn't. Of course the rich can do big things for everyone. Just use the money they have and use it directly. Don’t use the money to get elected to office and try to raise taxes and create permanent government bureaucracies.

My favorite example in this area is the handgun industry in America. Ted Kennedy, just one historical example, tried and tried to pass legislation against the American handgun makers. Those companies are relatively small. Kennedy could have bought all of them and closed them. “Problem” solved.

Ted Turner gave a billion dollars to the United Nations. Why did he do that? The UN is a permanent bureaucracy with a very high overhead cost. Ted should have just done things with his money directly. As a businessman, he knows how to do things efficiently. The UN doesn’t.

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