Earlier quoted context omitted.
They're beautiful and impressive, but I find the amount of money that flows into "high horology" to be an sum with an egregious opportunity cost to society, made even worse by the fact that all that complexity goes towards a movement that is worse at keeping time than a rudimentary quartz. If people want Tamagotchis, they can get a Tamagotchi. I wish people would flex their donations to effective charities instead an…
The solution of giving away your money over buying something is some broken logic. Plenty of corrupt charity officials line their pockets and live it up on donations. The rich don’t owe society, exactly the opposite, hence the money. It represents an unpaid debt so you can’t turn around and ask for it back.
This is precisely wrong. The rich do indeed owe society. They owe their wealth to the workers working for them. To the education system that educated their workers and made them productive, the roads that brought them to work and the health system that keeps them at work.
This is obvious from the number of millionaires produced by healthy, educated, stable societies vs others. Other countries produce fewer and then only natural resource millionaires in the favour of the ruling elites. But they can't do so without labour and the resources owned by those societies. The rich owe almost everything not produced by their own hands.
And comparing the figures of corruption in those countries to that of charities generally is so absurd it's laughable.