binary solo said:
No it couldn't, and in particular the money can't solve our biggest problem, climate change because that's a political problem not a revenue problem. Indeed most of our worst problems are political not revenue. It can temporarily alleviate many problems. There are some things the money could permanently solve but putting an end to most problems is overstating things. End of they day, their money is less than half of the annual expenditure of a medium sized developed economy, like Australia. |
Most of our problems are mental illness, education and economy related. All of those can be solved by pumping money into the private sector by idealistic people who want to see improvement. But it has to be done by people like that and at a micro level. You can't just throw a billion into a foundation and expect long lasting change.
