Philanthropy may exist to make the rich look good, but I wouldn’t discount what their money can buy. Maybe a world where we don’t need rich people to help fund things like conservation and building hospitals and libraries because we are either post-scarcity or fully enlightened is possible, but for now whatever can be scraped from their bank accounts might as well be used for the public good.
Do we revile Dolly Parton, who spends her money on giving books to kids? I’m sure her accountants get her every available tax break.
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