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Posts Tagged ‘Vilifying Billionaires’

Recently I found this one in my social media feed from an unidentified person under @SunsetSocialist:

I’m really sick of being told that there are “good billionaires.” Hoarding billions of dollars for literally NO REASON while most human beings starve to death is an action so evil that it’s almost unparalleled. They’re all moral monsters, plain and simple.

I am not a billionaire. But I am aghast when I read SunsetSocialist’s drivel.

Having money is “hoarding?” How much money do you have to have before you are a money hoarder? A hundred dollars? A thousand? A hundred thousand? A million? A billion? Does SunsetSocialist get to set the threshold just above his own net worth, so he is not a hoarder, but everyone wealthier than he is?

And what’s with “most human beings starve to death?” That is just not accurate.

Global Poverty Facts

Here are some statistics that show the scale of global poverty and its devastating effects.

1) 767 million people, or 10.7 percent of the population, live in extreme poverty with less than $1.90 per day.

2) 2.1 billion people live on less than $3.10 per day.

3) 328 million children are living in extreme poverty.

4) At least 17 million children suffer from severe acute under nutrition around the world. Severe acute malnutrition is the direct cause of death for 1 million children every year.

5) Every single day, 1,000 children under 5 die from illnesses like diarrhea, dysentery, and cholera caused by contaminated water and inadequate sanitation.

— source: Global Poverty and Hunger

While I do think it is tragic that 10 percent of the world’s population live in extreme poverty (and one might call that “starving to death”) I do not think it is my job, or my neighbor’s job, or some billionaire’s job, to feed those people. We give what we can. My question to SunsetSocialist is: How much does he give from his stash to feed the global hungry? What percentage of his income does he contribute every month? After he tells us that, he has a right to suggest how much an unnamed billionaire should be contributing. I suspect that most billionaires are already contributing percentage-wise way more than SunsetSocialist does – but I am speculating.

I just read that Phil Knight of Nike gives away $100 million a year, every year. Really, really evil!

They are all moral monsters.

Aha, all of them. I wonder how many billionaires SunsetSocialist has actually met, and would be qualified to judge for their morality?

Billionaires are people. There are going to be good ones, and not so good ones. I choose to judge people by their deeds, by their actions, by their legacy, and not by some label.

This reminds me of a post I wrote about three years ago about vilifying billionaires. Here is the link again. I stand by every word I wrote then.

There you have it, SunsetSocialist!

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