Melinda Gates Pledges $560 Million For Contraception
theodp writes "Melinda Gates has pledged $560 million as part of a campaign to expand access to contraception for women. From the article: 'The funding commitment was unveiled on Wednesday at the London Summit on Family Planning alongside pledges totaling $4.3 billion from the British government and leaders from African nations wrestling with the health and social problems brought on by high rates of unplanned pregnancy.'"
Kidding aside.
She and her husband continue to show the best side of capitalism. For those that assume that wealth necessarily leads to avarice, it's delightful to me to see the Gates Foundation making that case more difficult to prove.
To hear her explain the contraception issue:
http://www.colbertnation.com/the-colbert-report-videos/415947/june-27-2012/melinda-gates
Many may well consider such acts of philanthropy completely altruistic. Whether you agree with the cause or not, only the most cynical of people would view it as 'marketing' or 'self promotion', and even if it actually is that; so what? The people who will benefit from it wont care - it doesn't matter what the motivation for doing it is, the end result is what is important.
Personally, I think the motivation is truly altruistic and comes from a genuine desire to do good in the world. The point I would make is; anyone 'richer than God' is going to acquire the same philosophy. Why are mega rich people altruistic? Because they can be. When every conceivable want and desire is met, what is left but to be generous to your fellow man?
I for one would welcome the opportunity to do exactly that myself. If only I had some software I could sell to IBM.
You appear to be confusing contraception with abortion. While abortion is an issue still much debated, the ethics of contraception are more-or-less settled now for everyone except the Catholic church and a few other religious groups, and even they don't equate it with murder.
So, if you were in the Gate's position, how would YOU spend your money for the common good?
Give it back to the people I stole it from through monopoly rent and hope that at least some of the additional damage I've done to the economy can still be undone.
Do Economy 101 again and listen carefully on the part about monopolies.
Assorted stuff I do sometimes: Lemuria.org