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When billionaires give to charity
Recently, several billionaires started a campaign to get other billionaires to pledge their wealth to charitable causes. This, of course, made the headlines. When ordinary folk pledge their spare cash to charities, that is one thing. But when people whose individual wealth dwarfs the GNP of some countries want to give billions to charities, that is another thing. In principle, it is the responsibility of a nation's government to look after the its poor, its illiterate, and its homeless. A government should not (but many do) abdicate this responsibility, leaving it to various charities to perform this function. If wealth of such magnitude becomes easily available to charities, that makes it so much easier for governments to ignore their responsibility. More importantly, individuals do not have the political mandate to set the national agenda; only governments have that mandate. If these billionaires must give their money away, they should hand it over to the respective governments to dispense to their poor
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