“I don’t think that having great wealth in itself is fundamentally immoral. It depends what you do with it. If, let’s say, you take someone like Warren Buffett—if he was clearsighted about the fact that he was going to use this wealth for good, as he is doing by donating it to the Gates Foundation, and he was accumulating the wealth because he understood he had this talent for making it grow, then it was certainly not immoral of him to keep it. Keeping it was the better thing for him to do. If as soon as he had his first million dollars he donated most of it to charity, he would never have donated as much to charity as he ended up [giving].”
— Peter Singer, I Asked The World's Foremost Ethicist If It's Okay To Have A Revolution
Tagged: Money, Wealth, Capitalism, Warren Buffet
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