“They were there for a discreet, invitation-only summit hosted by the Obama administration to find common ground between the public sector and the so-called next-generation philanthropists, many of whom stand to inherit billions in private wealth.”
If Piketty is to be believed
the rate of wealth accumulation, labeled
r, will in fact inevitably exceed
the rate of growth; thus are the rich enabled
to pass their filthy riches on to their
unencumbered offspring, whose vocation
is to be an unearned billionaire,
buying and spending unearned veneration.
Charity is fine. Philanthropy
is surplus value’s subtle marketing,
minor heat loss in the form of piety.
Yo, muse; shit’s fucked and bullshit; this I sing:
what is the point of having an election
when The New York Times has got a Styles section?