3min chapter

Then & Now: Philosophy, History & Politics cover image

MrBeast: Capitalism & Philanthropy

Then & Now: Philosophy, History & Politics

CHAPTER

The Myth of the Gates Foundation

The number of private charitable foundations have skyrocketed in recent years. Domino's recently donated $100,000 to small businesses but then spent $50 million on a marketing campaign making sure that everyone knew about it. Volkswagen championed their philanthropic donations while designing low-emission vehicles that were rigged to cheat emissions tests. Study after study has proven that only a small percentage of charitable donations from wealthy donors reach poor individuals. The rich also gives less of their incomes proportionately than the poor do.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode