Alex Epstein explains The Truth About Mark Zuckerberg’s Letter To His Daughter – Forbes:

…Every problem that Zuckerberg says he cares about has been solved by political-economic freedom: the liberation of individuals from coercion by one another and by government. If that freedom existed in the impoverished world then the impoverished world would quickly become prosperous. What will not make the impoverished world prosperous–or free–is for billionaires to dole out huge sums of conspicuous charity to unfree people while doing absolutely nothing to fight for their freedom.

[…]

And yet when billionaires like Mark Zuckerberg and Bill Gates talk about improving energy access or environmental quality around the world, they steer clear of challenging the anti-freedom governments and anti-freedom ideas that cause these problems. Quite often, they embrace anti-freedom ideas–such as the movement to force us to use the most expensive, unreliable sources of energy such as solar and wind. All of this is based on a fundamental pretense–that what moves life forward is people like them doling out wealth–instead of people like all of us living in free societies where we can create our own wealth.

This pretense is psychologically convenient. It makes the billionaire feel good about himself and often enables him to win back some of the approval he lost by making so much money. Importantly, a billionaire doling out a lot of money requires no independent thought or courage whatsoever–whereas fighting for freedom requires a lot of it, because fighting for freedom is always connected to controversial issues.

[…]

And thus what we have is a world in which the world’s most brilliant business minds, minds that have reached their potential only because of freedom, do absolutely nothing to promote freedom. When was the last time that you saw a prominent billionaire businessman take a courageous stand for freedom, a stand that would invite disapproval but was nevertheless the right thing to do?

Well said.

Voice of Capitalism

Capitalism news delivered every Monday to your email inbox.

You have Successfully Subscribed!

Pin It on Pinterest