Can Elon Musk clear up world starvation?

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The worlds’ wealthy get richer, and the poor get poorer. Does it all the time need to be that method?

Not essentially. It was fascinating when Dr Eli David tagged Elon Musk with a problem final October to finish world starvation by donating $6 billion.

The plan was developed by David Beasley, the Govt Director for the UN World Meals Programme, and is now in place.

Elon Musk stated sure, so long as the plan was clear. Sadly, he asn’t signed the $6 billion cheque however, when a billionaire or trillionaire can not spare 2% of their wealth to unravel world starvation, it’s a must to ask: why? As a result of Elon wished open-source accounting and, as Dr Eli factors out, no-one would ever comply with that.

Open supply accounting? Expertise will clear up this! When the highest 0.01% of wealthiest people maintain 11% of the world’s wealth – up greater than $400 billion from 10% in 2020 – whereas 100 million fell into excessive poverty … one thing’s gotta change.

I really imagine that the likes of Invoice Gates and Elon Musk have their coronary heart in the precise place. Extra so possibly than Richard Branson and Jeff Bezos who’ve their hearts set on house. Elon additionally needs to enter house, but when he donated $6 billion to treatment world poverty then that might be wonderful. But, I additionally empathise together with his view that it must be open sourced as a result of, with out transparency, an terrible lot of that cash might line the pockets of dictators, warlords and chiefs who’ve zero curiosity in giving it to the trigger it’s meant for.

That is the place blockchain raises its head as soon as once more.

In China, charitable donations given by Alipay stream by a blockchain ledger so you may see in case your $6 was truly delivered to the ravenous households you wished to assist. With out that transparency, charity is nothing.

I don’t learn about you, however I’ve met fairly a number of charity leaders who stay in grand homes, earn six-figure salaries and seem like respectable however I believe if their actions had been clear, there could be some suspicions there.

Nonetheless, if a small group of individuals personal all of the wealth on the earth and billions don’t have anything, there should be some solution to rebalance?

I suppose that’s the place individuals just like the Huge Tech leaders of this world are going to make a distinction. Keep in mind, these are usually not outdated individuals. They’re younger(ish) and need to make a distinction. My private heroes? MacKenzie Scott and Melinda Gates.

MacKenzie Scott has given away billions to many small charities with ‘no strings hooked up’ as has the Invoice and Melinda Gates Basis .

When individuals develop into wealthy past their goals, they can provide away their wealth to assist different individuals’s goals. Is there anything extra worthy?

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