Anand Giridharadas speaks onstage at Conversations About America's Future: Senator Elizabeth Warren during the 2019 SXSW Conference and Festivals at Austin City Limits Live at the Moody Theater on March 8, 2019 in Austin, Texas.
"We only will succeed with deep government involvement," Harold said. "Even though it sounds like billionaires have a lot of money, in some ways it's quite small compared to the trillions that the US government is able to bring to bear." That's not to say there isn't a role for billionaires. Rather than giving toward individual causes, or putting black squares on Instagram in support of racial equity, Giridharadas said they can fund programs that would benefit not just Black people, but all people — if they pay "proper taxes."
"Are any of the wealthiest and most powerful people in our society serious about bending the arc toward justice?" Giridharadas asked. "And if so, are they willing to do the only thing that is actually going to get us there, which is fighting for the kind of systemic change that would reduce their own power?"
"And the good news is if they don't want to do that, that's fine. That's sort of what I expect," he said. "The rest of us have a way to do that — which is called democracy."LoadingBy clicking ‘Sign up’, you agree to receive marketing emails from Business Insider as well as other partner offers and accept our
Philanthropy and billionaires aren't doing much at all to help humanity. The rich cannot take the place of govt
You don't ask rich people to solve inequality, you just have to tax them a lot.
AnandWrites Donations can't fix Austerity policy (neoliberalism)
Have they become ultrawealthy while paying ALL their employees a living wage, not exploiting migrant workers/or overseas workers while paying their fair share of taxes ? That would go a long way 👍