Headlines will say "Jack Dorsey donates $1 billion" and I want everyone to know that's not what he's doing. He's putting $1 billion into a company that's gonna be a part of the privatization of services the government should provide. It's gonna be like the Gates foundation. https://twitter.com/PopCrave/status/1247662715495165953
So a tiny amount of that fund will get donated, but the bulk of it is gonna turn a profit for jack, and the billionaire defenders will praise him as he gets richer while most people get poorer.
Have you ever wondered why Bill Gates has gotten exponentially richer over the last 10 years even though he says he's trying to give away all his wealth? Or why his foundation has consistently made zero improvement in education outcomes? Is he just bad at doing philanthropy?
The answer is yes and no. His foundation isn't doing what he said it would do but it is achieving the desired outcome of making him richer. That's why billionaires don't donate money, they make foundations and partnerships so they can keep making profit and look charitable.
There's a lot going on and I have shit to do so I'm not gonna argue with the billionaire defense squad when it gets here. What I am gonna do is post a few things you can do to actually help instead of cheering for scams from rich people.
#MassReleaseNow https://twitter.com/CAARPRNow/status/1247568960029184003?s=19
More numbers to call if you're at home https://twitter.com/ChiBondFund/status/1247592256435077121?s=19
A whole thread! https://twitter.com/monicatea2/status/1247598915689623553?s=19
Help people buy some groceries https://twitter.com/GKMC18/status/1245023575133880322?s=19
Correction: help provide emergency funds! https://twitter.com/GKMC18/status/1247709568945307651?s=19
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