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SMN: Billionaire Philanthropy Is Kind Of A Scam
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The Politics of Philanthropy
The BM Foundation wanted to finance the eradication of polio, which on the surface is a totally fair trade. But just because the foundation has prioritized polio doesn't mean that polio is the leading problem. The Gates Foundation also supports Gates' firm views on intellectual property and patent laws,. This makes it difficult for poorer nations to develop and replicate generic versions of vaccines and medicine on their own. It further forces them to rely on not only the foundation, but also the pharmaceutical companies that monopolize the patents for these desperately needed drugs.
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