Easy Money Begats Easy Billionaires, who build Easy Foundations, which are easily captured. And before you know it, the apolitical becomes political, and the political becomes a lobbying machine. Big Money becomes Huge Money and Huge Money wields power.
And a perfectly good civilization goes to waste.
h/t Scott of the Pacific
How Charity Foundations Damage Western Societies
by John Smoke, im1776
by Freestocks-photos
Charities are as large as the entire University sector.
Charitable foundations, and the specific charities they fund, are the single most important force in modern Western societies. They complete a triumvirate of the “journalism plus academia” shorthand of the Cathedral as Curtis Yarvin sees it. The amount of money sloshing around these organisations is simply mind-boggling. The latter is hard to reliably quantify, but in the UK, the charity ‘industry’ apparently registered £45 billion in revenues in 2021 alone. Compare this to the £40.5 billion total income in the UK higher education sector a couple of years ago and you get the idea.
John Smoke adroitly connects the dots and draws the spiral vortex that draws most charities in.
It starts so gently:
Imagine a billionaire. He’s an […]
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