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Vaisakh M N

Vaisakh M N

Leftist Capitalists

3 min readApr 29, 2020
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Warren Buffett and Bill Gates (file picture)

A Capitalist is a person who uses their wealth to invest in trade and industry for profit following the principles of capitalism. In simple terms their primary objective is wealth accumulation. Whereas a Leftist person promotes egalitarianism. In terms of wealth, his ideal scenario would be equal wealth in all hands. So yes, he definitely won’t be in favor of wealth accumulation.
But astonishingly, here comes a striking observation. All along with history, we have seen many capitalist billionaires donating big sums of money towards charity and the betterment of society. They gave away a major part of their hard-earned money accumulated through years of dedication and commitment just like a wind dispersing dandelion flower. The reason for this could be numerous (which I left to someone who studies philanthropist psychology) and is not in the scope of this article. For the time being let’s check out who is the most effective contributor towards humanity. Leftists or “Leftists Capitalists”.

A person who has a far-left mentality is more likely to lead a simple life. He/She will be helping people in need, promoting equality, and doing social works throughout their life. Saving and accumulating money is less likely to be a trait seen in these people. They instead conduct as well as contribute whatever they could to charity events all through their lives.

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Now, let’s take a look at the persons who were capitalists throughout their life and then contributed generously towards charity. There are a lot of examples of such philanthropist people. Top of the lists would be Bill Gates, Warren Buffett, and Azim Premji. Bill Gates, once the richest man on earth, donated a huge sum of money, an enormous $40 billion to the charity through his Bill & Melinda Gates Foundation. He has generously spent his life long-accumulated money over Africa and has a very large role in eradicating extreme poverty of some places in the continent. His foundation has 3 trustees. Bill Gates, Melinda Gates, and the stock market legend and the CEO of Berkshire Hathaway company, Warren Buffett, who has spent approximately $34 billion for charity. Other than eradicating poverty, the foundation also focuses on healthcare, AIDS-prevention, sanitation, education, and access to information technology for the otherwise neglected people of the dark continent. Now, talking about Azim Premji, informally known as the Czar of the Indian IT Industry, have donated over $21 billion on Education, healthcare through his Azim Premji Foundation.

Azim premji

Clearly by comparing both the category, we could easily understand that the more effective and large scale uprising of social standards of low-class people was only achieved by these philanthropists. Their contributions have made a quantum leap in many societies and saved them from the brinks of poverty. But one thing we have to bear in mind is that the “time” invested by normal leftist people. They did a life-long service. And even though the impact they could create was limited to small geography, their time invested in the process should be definitely counted. Also, the number of philanthropists billionaires are very very less compared to these leftist people we could see on the corners of our villages and towns.

Summing up, the strength of the philanthropists comes from their huge net worth. They can have a deep impact on the upliftment of social structure for a larger geographic area whereas, on the other hand, the leftists people put their time on social activity. They are more in number and even though their individual geographic impact zone is smaller, they have the advantage of their strength and can impact society in a gradual manner comparing to a leap by billionaire Philanthropists.

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