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Old 01-01-2018, 07:30 AM   #133
jeffk
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He can use HIS money however he wishes. Money, BTW, that was generated from business activity and will probably increase as the economy grows. He can then give that new money away if he wishes to.

The key word is INVESTED. People are hired, buildings are rented or built, computers and supplies are ordered, other products are purchased, they pay electric, water and sewerage bills, and building maintenance. People working on the project travel, stay at hotels, go to restaurants to eat. The workers spin off their own economic activity; paying taxes, buying houses, cars, boats, some living the lives of the "5%". The ultimate outcome of Gate's intent, if successful, is people who are smart enough to work at yet other businesses and pay their taxes, housing costs, etc. from their earnings.

In short, even though the purpose of his education efforts may be "charitable", it carries out business activities to achieve them. Further, every dollar invested, if you follow it back to its source, comes FROM a business activity. The outcome is people prepared to WORK in society, some for Gate's companies.

COMMERCE undergirds EVERYTHING.

The raw goal of commerce is to make more money. That money is used to fuel the innumerable and dynamic goals of the billions of people on the planet. No money, the goals suffer and even fail, even to the levels of individual starvation. Unchained commerce yields more money for all purposes, even for those who want to invest it in education.
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