Unrestricted capitalism will never be a force for good. Left running without any regulation, the gap between rich and poor will increase adinfinitum.
This kind of philanthropy acts as a last ditch attempt to correct the negative affects the system produces .. but in my opinion, it's not an effective or elegant way of doing so. It's main purpose is an exercise in smoke and mirrors .. by trying to influence our perception and shape the conversation surrounding whether these excess profits are acceptable in modern society.
Unrestricted capitalism will never be a force for good.
Unrestricted capitalism, sadly, doesn't even exist. But capitalism in its various forms is already a potent force for good - perhaps the most powerful such force the world has ever known. No other system has done more to create wealth, raise standards of living, and improve the world.
Attacking capitalism because it's slightly less than perfect at delivering the ideal end result for everybody, is a horrible kind of "throwing the baby out with the bathwater".
This kind of philanthropy acts as a last ditch attempt to correct the negative affects the system produces .. but in my opinion, it's not an effective or elegant way of doing so. It's main purpose is an exercise in smoke and mirrors .. by trying to influence our perception and shape the conversation surrounding whether these excess profits are acceptable in modern society.