With fortunes inflated by corporate welfare, wealthy real estate owners can afford to cancel housing-related expenses and debts for millions of struggling American families.
If policymakers care about motivating people to work, they should focus on raising the minimum wage and giving workers a voice in decisionmaking.
MacKenzie Scott (Bezos) and The Giving Pledge: The Perils and Possibilities of Billionaire Philanthropy
Almost all growth in charitable giving has come from wealthy donors. Scott's actions offer a possible path forward in an age of top-heavy philanthropy.
The growing concentration of wealth and power is distorting philanthropy and imperiling our democratic institutions.