NLA Discussion:Capitalism is a working system, people are irrational
scelza at earthlink.net
Wed Nov 17 20:12:36 EST 1999
And let's not forget that the majority (70%) of the rich inherit their wealth.
The self-made millionaire is a nice story, but a minority truth.
Andres Muro wrote:
> In addition, a lot of wealthy people that give to charity do it to get a
> break on their taxes.
> >>> <rkrawiec at mindspring.com> 11/17 11:12 am >>>
> >, it is often those same people
> >who disproportionately fund and tirelessly work for social causes.
> Actually, every study I've seen on giving shows that the people with the
> least money give the highest percentage to charitable causes, and the people
> with the largest incomes give the smallest percentage, and what they do
> contribute often goes, at least in the arts, to support orchestras, art
> museums, i.e. institutions that traditionally serve upper income people,
> those like themselves.
> -----Original Message-----
> From: Rsrchjoey at aol.com <Rsrchjoey at aol.com>
> To: nla at world.std.com <nla at world.std.com>
> Date: Wednesday, November 17, 1999 10:41 AM
> Subject: NLA Discussion:Capitalism is a working system, people are
> >Catherine King writes:
> >> However, the lack of moral "enlightenment" in those six-chimney
> >> homes, and the quiet avoidance in our corporate boardrooms, should not go
> >> unremarked. Where creating a working economy is part of our
> >> quiet greed is a big part of our failure.
> >I think we ought to refrain from broad over-generalizations based on
> >"symbols". Just because someone lives in a "six-chimney home" does not
> >that they lack "moral enlightenment". Indeed, it is often those same
> >who disproportionately fund and tirelessly work for social causes. I
> >speak with the same conviction for many corporations, but I know there are
> >those that have wonderful policies and programs which benefit those less
> >Jo Ann Doino-Ingersoll
> >Strategic Research
> >Mahwah, NJ
> >RsrchJoey at aol.com
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