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Gates Foundation Plans To Invest $10B Into Vaccines

Endloser writes "Bill Gates is going to invest $10 billion to provide vaccines to people worldwide. The Bill and Melinda Gates Foundation believes that vaccines are the way to a better future for the world. So they have decided to make 'the largest pledge ever made by a charitable foundation to a single cause.' This 10-year, 10 billion dollar project is expected to save 8.7 million lives."

5 of 477 comments (clear)

  1. Re:Birth Control by Lord+Ender · · Score: 5, Interesting

    Melinda Gates spoke to Charlie Rose about this. She says that the foundation analyzed this question carefully, and came to the conclusion that it is just far far easier for a population to lift itself up out of a cycle of poverty if it doesn't have to deal with disease (both personal and of family members) all the time. It's hard to get an education when you're taking care of a household of polio victims.

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  2. Re:Birth Control by Jeng · · Score: 4, Interesting

    Birth control doesn't mean no kids, it means planned kids.

    Then there is also the issue that Yemen is having, 50% of their population is under the age of 18.

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  3. Re:Birth Control by mindbrane · · Score: 5, Interesting

    Global Problems of Population Growth with Professor Robert Wyman a Yale uni online course speaks extensively to overpopulation. In the context of this thread the overriding message would be that women need most of all to be given control of their own bodies, especially in terms of birth control. In countries where poor education and overpopulation are prevalent problems most women will say they want as many children as possible, or, that children are a gift from God and therefore every child a gift; but, the same women when questioned in a different context wanted fewer children. The much joked about 2.1 children per couple is close to the replacement level for most populations. Giving women control over their own reproduction cycle will bring down population and likely along with it poverty, under nourishment, disease and lack of education. The lectures are very entertaining.

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  4. Re:$10B, 8.7M lives saved = $1149 per life by TheSync · · Score: 5, Interesting

    I think $1149 worth of primary care medicine or even plain old sanitation in underdeveloped places could save a hell of a lot more lives than that.

    Yes, but you can't actually provide medicine or sanitation to underdeveloped places. Corruption would mean the medicine would go back on the international market to richer people looking for a deal, and the sanitation building would have to pay off all kinds of government officials to get permits, etc. Then it would have to be maintained in that environment.

    Countries aren't poor because they are poor, they are poor because they have bad institutions and governments.

    On the other hand, a group of foreigners can fly into a country and vaccinate a bunch of people and fly out.

  5. Patents are relevant by Weezul · · Score: 5, Interesting

    If his $10 billion buys way less thanks to TRIPS and/or ACTA.

    A few other good causes : Invest money into the pharmaceutical industries in countries like Brazil that have shown their willingness to break intellectual property treaties when people's lives are at stake. A cheaper and more charitable approach might be endowing biotechnology professorships with this stated goal at the best medical schools in these countries. A more political approach might be lobbying the European Union to pass legislation saying that generic drug manufacturers may violate patents for exported drugs to third world countries when the number of lives saved would be significant. Just oppose ACTA and/or try to roll back TRIPS --- ACTA will kill people.

    I suggest that you read about the history of the fight against AIDS. If Brazil had not stood up against the U.S. and said "We will make anti-retrovirals ourselves if you don't sell them at a fraction of the cost", then incredible numbers of Brazilians would have died, and millions more would have died in other developing countries that currently benefit from Brazil's hard nose negotiation.

    p.s. I do think all the people criticizing how he earned his money are being disingenuous. Gate's only sins are : robbing other rich people of their smart employees, selling poor quality software, and lobbying for bad copyright laws. Do you even want to think about what Exxon does with your gas money? Federal government with your tax money? (Iraq) etc. You don't see Dick Channey out running charity organizations.

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