Current Affairs

How Bill Gates Makes The World Worse Off

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Sinopsis

Bill Gates has long cultivated a reputation as the Good Billionaire, giving away vast sums of money toward global health and education initiatives through the Bill & Melinda Gates Foundation. For many years, the Gates Foundation was rarely criticized at all in the mainstream press, its work considered unambiguously good. The shine has come off Gates a bit recently, thanks to the negative publicity surrounding both his divorce and his staunch defense of corporate intellectual property rights over vaccines during the pandemic. Prof. Linsey McGoey of the University of Essex was one of the earliest major critics of the Gates Foundation's work, and her 2015 book No Such Thing As A Free Gift: The Gates Foundation and the Price of Philanthropy is a stinging criticism of "philanthrocapitalism." McGoey's book goes through the history of business tycoons trying to save the world through charity, beginning with Andrew Carnegie in the 19th century. McGoey explains clearly why charitable giving, though it may look lik