August 20, 2010

The rich want a better world? Try paying fair wages and tax

 
A generous billionaire is preferable to a mean one. But Bill Gates et al could make pledges that mean more than just charity.
It is surely admirable – isn't it? – that 40 US billionaires, led by Bill Gates and Warren Buffett, have signed the "giving pledge" to donate half their fortunes to charity. Far better that they open their wallets to deserving causes than that they spend yet more money on yachts, carbon-emitting private jets or garish mansions. Well, yes.
Salute Gates, whose foundation has already saved perhaps five million lives through the development and delivery of vaccines against diseases such as TB. Salute Buffett who says his children won't inherit "a significant proportion" of his wealth. The filthy rich, or some of them, have shown they have a heart.....

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