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[-] RememberTheApollo_@lemmy.world 3 points 2 days ago

Before, the millionaire/billionaire was raised with the classist attitudes that often included charity works for the masses to keep favor with “the people” despite the horrible working conditions that they often kept the lower classes in. Orphanages, libraries, schools, hospitals, homes for the disabled, etc were all on the board for these kinds of “giving.” Of course there was no secret who donated, if their name wasn’t on the building.

Now the donations come with strings attached, rights to any profits from the research these facilities generate, naming rights, tax writeoffs, and can even be donations to charities already owned by a family member or someone already a subdivision of a subdivision of an LLC owned by a parent company of the billionaire.

this post was submitted on 29 Jul 2026
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