Yeah exactly. Normal inheritance means their kids or spouse inherit, and the number of billionaires remains the same.
Fun fact, if I were to inherit the wealth of a billionaire family member who was shot in public I’d get philanthropic real fast!
Many people say this. However of those who talk the talk, barely any ever walk the walk.
However I think if you are born an heir to a billionaire, you’d lack the perspective which might foster selfless philanthropy.
I’d like to think that if someone from the working class would randomly get such money they would. But it still seems unlikely.
self preservation isn’t a selfless motive, but if it results in philanthropy then that’s a win.
I feel like that depends too. There’s a ton of working class that dream of somehow becoming billionaires which is why they don’t want to tax them.
I was thinking about this the other day. If I had half a trillion dollars (like the guy who just bought the presidency) I would spend it building a city from scratch. A walkable/bikeable city with free public transportation. I don’t have enough expertise to speak about affordable housing ideas, but with that amount of money I can pay someone to come up with some good regulations. Don’t know why but that’d be my passion project.
Hells yeah! !fuckcars@lemmy.world, !notjustbikes@feddit.nl.
Better use of the money is to strong arm cities into adjusting into better land uses. Building a city from scratch you’re probably taking farm land from making food to instead be a new city, and if you can attract enough businesses to attract enough residents you’ve only helped by creating walkability for a few hundred or thousand people while the rest of the country remains car dependant.
Honestly I was on a walk recently and had the thought cross my mind of “what if this road were ripped up, the newly reclaimed land was sold for housing and small quiet businesses and the sidewalks widened into first class bike/walking paths just wide enough for an emergency/utility vehicle to drive down?” and I got a little sad that such a utopian vision just isn’t politically palatable.