Charity is important, and I hope you will be generous today. But what if charity by the ultra-rich is just a cover for their greed? Shouldn’t we be concerned about how they accumulate their fortunes — and the social ills they may exacerbate along the way? https://robertreich.substack.com/p/a-grotesque-distortion-of-philanthropy#details
A grotesque distortion of philanthropy

Listen now (4 min) | The gonzo ethics of seeking to make gobs of money so you can give it away

Robert Reich

@rbreich

When I see McDonald's asking us to donate to, say, the Ronald McDonald House or other major corporations that collect money on our behalf and then match, I think "why do they need /our/ half? Can't they just donate the full amount? Why do we have to pay for their marketing?"

What is the "right" way to think about these sorts of major corporation charity promotions? Are we just funding their PR when they could just write a check for $2 million instead of $1 million plus the $1 million people donated?