[lbo-talk] Re: Warren Buffett's philanthropy

Luke Weiger lweiger at umich.edu
Tue Jun 27 09:10:45 PDT 2006


Marvin Gandall wrote, "Pretty good article on the contradictions of Warren Buffett and charitable giving in general which Louis Proyect copied to the Marxmail list. It's by David Walsh who, like Proyect, writes astute film reviews."

Actually it's a pretty bad article--make that really bad. Walsh points out the obvious fact that Buffett owes his extraordinary wealth to capitalism. He does nothing to show that Buffett made capitalism any more vicious than it would otherwise have been. It's true that we'd have less need for charity in a better world, but thank goodness for those who actually do something to make an imperfect world better.

-- Luke



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