What's the ugly part? The article talks about successful and unsuccessful GoFundMe campaigns. Is the ugly part that some deplorables got millions from other deplorables? I deem the title click bait.
It can get ugly. I did a gofundme to raise money for my daughter's stem cell treatment. Half my extended family doesn't talk to me anymore. I'm sorry I was short 20k in savings and couldn't figure it out on my own guys but I had to swallow my pride and do whatever it took.
When GoFundMe Gets Ugly
21–30 of 61 posts
Re: When GoFundMe Gets Ugly
#22Earlier quoted context omitted.
Give me a man a fish vs teach a man to fish. The system in the US is broken, the Thanksgiving dinner for the homeless is only a flimsy bandaid, and the real reason it's pernicious is because now the volunteer can sit back in the warm glow of approval on Facebook/Instagram and think "There! Now I've done my part".
>"There! Now I've done my part". they indeed have done their part. The problem isn't caused by these people.
Re: When GoFundMe Gets Ugly
#23What's the ugly part? The article talks about successful and unsuccessful GoFundMe campaigns. Is the ugly part that some deplorables got millions from other deplorables? I deem the title click bait.
It can get ugly. I did a gofundme to raise money for my daughter's stem cell treatment. Half my extended family doesn't talk to me anymore. I'm sorry I was short 20k in savings and couldn't figure it out on my own guys but I had to swallow my pride and do whatever it took.
Re: When GoFundMe Gets Ugly
#24“The White Savior Industrial Complex is not about justice,” Teju Cole wrote in 2012. “It is about having a big emotional experience that validates privilege.” You see this everywhere, like the wealthy people who sign up to feed the homeless Thanksgiving Dinner at the Salvation Army Kitchen. Then later they drive home to their warm mansions while the homeless go back to their cold makeshift cardboard tents under the o…
"the wise man bowed his head solemnly and spoke: 'theres actually zero difference between good & bad things. you imbecile. you fucking moron'"
Re: When GoFundMe Gets Ugly
#25What's the ugly part? The article talks about successful and unsuccessful GoFundMe campaigns. Is the ugly part that some deplorables got millions from other deplorables? I deem the title click bait.
Deplorables? Are we doing Hillary Clinton references or something? Hey, downvoters, it was a genuine question, if I've missed something, please let me know. The term deplorable is rather odd, and I can only recall it being used in in recent pop culture by Hillary Clinton wrt Trump supporters.
Re: When GoFundMe Gets Ugly
#26Perhaps the most deserving fundee (is that a word?) is not familiar enough with marketing tactics to build a fundraising campaign. And perhaps the most effective government leader is a monotone guy who gets nervous in front of cameras. But we'll never know, because our systems rely on popularity.
Re: When GoFundMe Gets Ugly
#27Earlier quoted context omitted.
>"There! Now I've done my part". they indeed have done their part. The problem isn't caused by these people.
There's a very strong argument that wealth inequality does in fact cause problems like systemic homelessness. One person hoarding massive amounts of wealth generates a much smaller number of jobs and opportunities than many people having a moderate amount of wealth. So, maybe they do cause these problems.
their wealth is tied in stocks, so a lot of it is on paper. They also would invest their wealth (as inflation would erode it). Investment means more jobs, more work opportunities for those who don't have any.
the problem lies in policy. Things like stock buy back schemes and tax "loopholes". But these have nothing to do with the rich, and everything to do with government.
Re: When GoFundMe Gets Ugly
#28Earlier quoted context omitted.
There's a very strong argument that wealth inequality does in fact cause problems like systemic homelessness. One person hoarding massive amounts of wealth generates a much smaller number of jobs and opportunities than many people having a moderate amount of wealth. So, maybe they do cause these problems.
the thing is, these rich people aren't storing their wealth under their mattress or burying their gold. their wealth is tied in stocks, so a lot of it is on paper. They also would invest their wealth (as inflation would erode it). Investment means more jobs, more work opportunities for those who don't have any. the problem lies in policy. Things like stock buy back schemes and tax "loopholes". But these have nothing…
The point I was making is that having lots of small investors usually leads to more job creation than one big one because small investors tend to invest in smaller, less efficient companies. That inefficiency is actually good if you want more jobs.
Also, a billionaire buying a $100m yacht from a Korean shipbuilder is great for creating jobs in Korea, but it doesn't help much at home. Having a bigger middle class means more of the money goes in to the local economy. Another reason against individuals hoarding huge amounts of money.
Re: When GoFundMe Gets Ugly
#29Earlier quoted context omitted.
>"There! Now I've done my part". they indeed have done their part. The problem isn't caused by these people.
There's a very strong argument that wealth inequality does in fact cause problems like systemic homelessness. One person hoarding massive amounts of wealth generates a much smaller number of jobs and opportunities than many people having a moderate amount of wealth. So, maybe they do cause these problems.
Wealthy people do not store money in Scrooge McDuck cash vaults. It's all invested, which creates jobs and opportunities.
Re: When GoFundMe Gets Ugly
#30Earlier quoted context omitted.
the thing is, these rich people aren't storing their wealth under their mattress or burying their gold. their wealth is tied in stocks, so a lot of it is on paper. They also would invest their wealth (as inflation would erode it). Investment means more jobs, more work opportunities for those who don't have any. the problem lies in policy. Things like stock buy back schemes and tax "loopholes". But these have nothing…
Investment means more jobs, more work opportunities for those who don't have any. The point I was making is that having lots of small investors usually leads to more job creation than one big one because small investors tend to invest in smaller, less efficient companies. That inefficiency is actually good if you want more jobs. Also, a billionaire buying a $100m yacht from a Korean shipbuilder is great for creating…
Inefficiency does not create jobs. It means you can't compete and you spent the money and went out of business.
> a billionaire buying a $100m yacht from a Korean shipbuilder is great for creating jobs in Korea, but it doesn't help much at home
Because of the way trade works, equal value flows both ways.