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Good News You Might Have Missed in 2013

thegatesnotes.com

51–60 of 171 posts

Re: Good News You Might Have Missed in 2013

#51

I don't really get the canonisation. I'm very happy the the Gates' foundation is doing good work. You'd be a fool to say that it wasn't. However, I don't believe that the tech industry should be proud as a result, nor do I think that there is a particular difference between the foundation and some other charities, nor do I understand the obvious astroturfing. I especially don't think that the act of charity somehow e…

>I especially don't think that the act of charity somehow excuses the dodgy business practices or Microsoft or the long-term damage done to the tech industry.

How much damage do you think that is? You don't think all the lives saved have "made up" for that? You don't think the world is better off than it would otherwise be without Bill Gates?

Re: Good News You Might Have Missed in 2013

#52
post #46

I don't really get the canonisation. I'm very happy the the Gates' foundation is doing good work. You'd be a fool to say that it wasn't. However, I don't believe that the tech industry should be proud as a result, nor do I think that there is a particular difference between the foundation and some other charities, nor do I understand the obvious astroturfing. I especially don't think that the act of charity somehow e…

The Gates Foundation is unlike any other charity or foundation: http://en.wikipedia.org/wiki/Bill_%26_Melinda_Gates_Foundati...

That's a link to the Wikipedia article about the foundation, which I'm pretty familiar with. You haven't really provided any evidence that the Foundation is significantly different. It's large, but in what manner is that qualitatively different and better?

Re: Good News You Might Have Missed in 2013

#53
post #11
post #4

Things you might have missed in 2013: The Gates Foundation's Hypocritical Investments http://www.motherjones.com/environment/2013/12/gates-foundat...

Not a carefully-written article. When you buy stock in a public company, that company is not getting your money -- the seller of the stock is! So if you buy a Pepsi stock or a Shell stock, you are investing in that stock, but not investing in the company in a traditional sense (in which they get money from you and expect to pay out more money later, with the surplus coming from their activities). [There is the small…

Come now.

If unethical corporations faced divestiture, amoral investors would expect less profits, which would drive down prices all the way to the IPO/VC buyin and the RSU packages for management.

You can't seriously believe that the stock market exists while disbelieving that buy-side demand is a fundamental component of launching and running business.

Re: Good News You Might Have Missed in 2013

#54

I don't really get the canonisation. I'm very happy the the Gates' foundation is doing good work. You'd be a fool to say that it wasn't. However, I don't believe that the tech industry should be proud as a result, nor do I think that there is a particular difference between the foundation and some other charities, nor do I understand the obvious astroturfing. I especially don't think that the act of charity somehow e…

>I especially don't think that the act of charity somehow excuses the dodgy business practices or Microsoft or the long-term damage done to the tech industry. How much damage do you think that is? You don't think all the lives saved have "made up" for that? You don't think the world is better off than it would otherwise be without Bill Gates?

No, because I don't think that positive or good acts can somehow "cancel out" (or as you say, "make up for") bad or negative ones. Karma is not a concrete concept, and the question "is the world better off" is objectively unanswerable.

Re: Good News You Might Have Missed in 2013

#55
post #4

Things you might have missed in 2013: The Gates Foundation's Hypocritical Investments http://www.motherjones.com/environment/2013/12/gates-foundat...

To be fair though, investing in Coca Cola or McDonald's is like taking money from fat rich people and then distributing it to poor thin people. I see no hypocrisy, just stupid rich people accidentally helping to feed poor thin people, with the foundation taking the arbitrage.

Not sure I'd call the McDonald's clienteler rich. But richer than average Africans.

Re: Good News You Might Have Missed in 2013

#56

Earlier quoted context omitted.

>I especially don't think that the act of charity somehow excuses the dodgy business practices or Microsoft or the long-term damage done to the tech industry. How much damage do you think that is? You don't think all the lives saved have "made up" for that? You don't think the world is better off than it would otherwise be without Bill Gates?

No, because I don't think that positive or good acts can somehow "cancel out" (or as you say, "make up for") bad or negative ones. Karma is not a concrete concept, and the question "is the world better off" is objectively unanswerable.

Then your comment upthread is especially pointless, isn't it? Why am I meant to pay special attention to Bill Gates the man, rather than the 40 billion dollars that has been put to using entrepreneurial strategies to end global disease and poverty?

Re: Good News You Might Have Missed in 2013

#57
post #23
post #2

I am proud that the technology industry, of which I am a part, has created Bill Gates, a living saint.

Well, I think Sainthood is given to those people who work out of their religious beliefs and are busy glorifying poverty and suffering (Example: Mother Teresa). Gates is a not a saint he is just a philanthropists and a good one at that.

If Mother Teresa is the one modern venerated person you've heard of, I guess that would be a reasonable summary of the meaning of Catholic sainthood. I agree though with the underlying point, which is that "sainthood" is a political concept that isn't relevant to the work being done by the Gates Foundation.

Re: Good News You Might Have Missed in 2013

#58
post #56

Earlier quoted context omitted.

No, because I don't think that positive or good acts can somehow "cancel out" (or as you say, "make up for") bad or negative ones. Karma is not a concrete concept, and the question "is the world better off" is objectively unanswerable.

Then your comment upthread is especially pointless, isn't it? Why am I meant to pay special attention to Bill Gates the man, rather than the 40 billion dollars that has been put to using entrepreneurial strategies to end global disease and poverty?

Yeah, fair. I should really have replied to one of the top-level commented describing Gates as a saint, or waxing lyrical about his greatness; my objection was not to the article itself, and that wasn't clear.

Re: Good News You Might Have Missed in 2013

#59
post #56

Earlier quoted context omitted.

Then your comment upthread is especially pointless, isn't it? Why am I meant to pay special attention to Bill Gates the man, rather than the 40 billion dollars that has been put to using entrepreneurial strategies to end global disease and poverty?

Yeah, fair. I should really have replied to one of the top-level commented describing Gates as a saint, or waxing lyrical about his greatness; my objection was not to the article itself, and that wasn't clear.

That was a way more reasonable response than the tone of my comment merited. Thanks! :)

Re: Good News You Might Have Missed in 2013

#60
post #38
post #29

Earlier quoted context omitted.

And what is the role of his wife and her schooling from nuns?

I don't know, but modern Catholic nuns are kind of bad-ass. For instance, the Ursulines who taught Melinda Gates recently gave a middle finger to the Catholic hierarchy and vocally defended Gates' work despite its support for contraception. Wherever you look for close-minded reactionary people stuck in the 1950s chastising members of their own church for unapproved good works, chances are you'll see nuns on the other…

I have been guessing that the nuns that taught Melinda got her highly devoted to 'charity' in some general sense and that she and Bill had a 'deal': After he worked his tail off at Microsoft to make a lot of money and, thus, necessarily spent a lot of time at the office instead of at home with her and the kids, he was to back off from an active role at Microsoft, e.g., be just COB, and, then, join with her in using much of the money for charity. So, in this way Melinda would get to pursue the goals and values of charity she got from her nuns. Just a guess.

I could make this guess because my wife, her sisters, and their mother were all highly devoted to a life of charity via 'volunteer' work, and much of the origin of their interests in charity was from Christian religion, although in their case Methodist instead of Roman Catholic.

But, 'deal' with Bill or not, the record seems to be that Melinda is one heck of a 'super fundraiser': She also got Buffett to hand over much or nearly all of his fortune. Then she publicized the value that any really wealthy person should leave 50% or so to charity.

So, I'm guessing that the nuns got Melinda to get Bill and others to cough up $100 billion and counting.

And what is Melinda's 'sales pitch?" My guess is just total sincerity with nothing for herself, no money, of course not, but neither fame, status, prestige, etc. It seems to me that in charity Melinda is fairly closely following the values of the nuns.

And she did one more: As we know, just having the money and giving it away does not necessarily do much to 'alleviate human suffering' or 'improve the world' as the nuns might want. Instead, giving the money away in effective ways is hard work. So, Melinda got Bill dedicated to the work, and Bill is a bright guy who knows the heck how to get things done.

I'm suspecting that heavily Melinda, and before her her nuns, are the real driving force behind all of this. Instead, Bill might be driving/racing Porsche cars!

Finally, we have to suspect that 'hard hearted', no nonsense, bottom line oriented, take no prisoners Bill is totally taken with, in awe of, head over heels in love with, and has awesome respect for Melinda. But then some such fits: Supposedly Bill's mother was a big influence on Bill, and a boy with a good mother tends to look for a wife much like his mother.

It's nice that tough guy Bill is now harnessed as a very bright and capable horse pulling the wagon of Melinda and her nuns!

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