The moral hazards of the Gates Foundation | New investigation published in The Nation | | EXCERPT: The result [of Gates' philanthropy] has been a new model of charity in which the most direct beneficiaries are sometimes not the world’s poor but the world’s wealthiest, in which the goal is not to help the needy but to help the rich help the needy.
--- The moral hazards of the Gates Foundation US Right to Know, 19 March 2020
https://mailchi.mp/usrtk/the-moral-hazards-of-the-gates-foundation?mc_cid=dab3715ac4&mc_eid=eccdcc08e4
The Bill & Melinda Gates Foundation has donated over $3 billion to agricultural development projects around the world, much of it devoted to developing and promoting patentable seed technologies including GMOs, along with the pesticides that often go with them. To help ease resistance to those products in African countries and elsewhere, the Foundation has spent $12 million on a public relations campaign at Cornell University that uses the name and reputation of the Ivy League institution to promote the pesticide industry’s agenda. We’ve written about our concerns here:
* Cornell Alliance for Science is a PR campaign for the agrichemical industry
* What Bill Gates isn’t telling you about GMOs
Now, a new investigation by The Nation provides an in-depth look at Gates Foundation’s conflicts of interests, grants to private companies, and other “moral hazards” surrounding the $50 billion charitable enterprise. Tim Schwab reports, “When Gates announced in 2008 that he would step away from Microsoft to focus his efforts on philanthropy, he described his intention to work with and through the private sector to deliver public-goods products and technologies … The result has been a new model of charity in which the most direct beneficiaries are sometimes not the world’s poor but the world’s wealthiest, in which the goal is not to help the needy but to help the rich help the needy.”
Read more in The Nation: Bill Gates Gives to the Rich (Including Himself)
https://www.thenation.com/article/society/bill-gates-foundation-philanthropy/?mc_cid=dab3715ac4&mc_eid=eccdcc08e4
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