Why entrepreneurs offer more to society when they create wealth than when they give it away

From Wizbang.com - by Kim Priestap - The Wall Street Journal yesterday published an editorial by Kimberly Dennis in which she made a point that isn't stressed enough today. She said essentially that giving to charity is a worthwhile and noble endeavor for wealthy entrepreneurs, but those entrepreneurs actually make a more significant and positive impact on society through their businesses because they create products that improve people's lives and provide jobs that allow people to earn their living. Ms. Dennis was talking specifically about Bill Gates' and Warren Buffett's Giving Pledge where 40 of America's wealthiest entrepreneurs pledged to give away the majority of their wealth to charity: Read more
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1 comments:

Anonymous said...

When one gives away one's possessions/money in the open, one does not gain anything with God. One who does such things in the light receives all one will receive here on Earth.

These men are not doing anything to help the people. They are helping themselves by taking advantage of tax breaks, etc BEFORE the breaks go away.

Why give these clowns one ounce of credit for something so calculated?

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