"Wealth is like an orchard", says the Mexican philanthrocapitalist Carlos Slim, "you have to distribute the fruit, not the branch", presumably because the branch, tree and forest all belong to him.
An essay by Michael Edwards, the author of the important new book Just Another Emperor: The Myths & Realities of Philanthrocapitalism. The essay is a good introduction to his ideas. I'll be commenting further in the future.
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