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Kate Blake

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$500 Billion - can this solve the big problems?

A solution to that quandary of how to solve the Big Problems?

Bill and Melinda Gates set up a philanthropic venture/idea called "Give it Away" where more than a hundred billionaires have already pledged half their wealth. They have set up various research and charities to tackle malaria, polio, hunger, etc and these people will also lend their expertise to source further solutions.

An Australian billionaire has just pledged five billion with his families consent. These people are reporting how well they feel after donating, and id like to know if their health improves also as recent research indicates that helping others increases all the good things in our body and decreases things like cholesterol, etc?

this is a very substantial way to seriously address those big problems that other conversations are discussing.  Just really wanted to share this good news and welcome your comments and hopefully more postings of Good News! 


Please Share how you personally are making our world a better place, or your ideas and congratulations that this is actually happening?

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Closing Statement from Kate Blake

Great participation, thanks everyone, and TED for the venue!

The most impressive part of this discussion was some sharing how they help others in order to make our world a better place.  This is the best we can do, our own personal contribution in our own localities.  What are you doing?

Was quite surprised by the number of people who were doubtful about the ability of more than a hundred billionaires to manage their funds!  Wonder how they became billionaires?

Some offered interesting projects with questionable costs, but again I would imagine that this group would have their research, projects and organisation well under control.

It would be great if we could all really rejoice that they are making such a huge effort and contributing so much expertise as well as funds - that this could happen within our life!  Well done "Give it Away" and all those involved!

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  • Mar 2 2013: If the Forbes Global 2000 CEOs authorized an additional annual donation of 0.07% and 0.08% from their corporations' annual revenue and assets, respectively, to the World Food Programme and the United Nations, over 60,000,000 deaths of children can be prevented in 2010-2020.

    THE FORBES GLOBAL 2000 CAN SIGNIFICANTLY REDUCE UNDER-5 CHILD MORTALITY
    (petition on thepetitionsite.com – http://goo.gl/VfQSM)

    Download, Print, Share PDF File: http://goo.gl/C8a9p
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      Mar 2 2013: Jonathan please read Random Chances comments below?

      It seems more logical to take funds from those currently engaged in any overseas conflicts. In that for every foreign country where they contribute to ongoing conflict they should pay 15-30% of their military budget towards goods causes? Or in compensation to that country whose civilians suffer greatly in too many ways due to that ongoing conflict.

      Would this make those so keen for blood shed to think twice before sending their young people to fight? To have a penalty automatically built in ....

      http://www.foreignpolicy.com/articles/2012/06/21/why_is_the_us_selling_billions_in_weapons_to_autocrats
  • Mar 1 2013: Who manages these funds created by Bill Gates and others?? They are managed by Managers educated in Elite (Worlds top) Colleges. These managers would most likely run these funds based on Statistics generated by Excel sheets.

    If these funds employ Managers from Local Communities (Countries) who have a feel of the problem, then their Return on Investment would be very high.

    Else these funds would only paying tax-exempt salaries to Highly paid managers.
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      Mar 1 2013: I honestly have no idea KS as I am only reporting from a brief news report about the Austrlian Billionaire donating half his wealth ...

      I doubt people become billionaires by lining other people's pockets? That seems a rather naive idea to me ...
  • Mar 1 2013: Money wouldn't slove the problems u mentioned.Most of problems caused by people's inner world problems.I recommend Jiddu Krishnamurti to you who are eager to see what is the problem behind those problems in reality.Go to read and watched Jidd Krishnamurt books ,speeches.enjoy!
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      Mar 1 2013: EL. I agree most of our issues are internal and I've heard this mans books are amazing but I've not read any yet. I sincerely do believe that this wealthy group of entrepreneurs can make a difference in our world today and I look forward to watching the changes happen.

      Meanwhile let's all work on our own personal changes so we can bring more harmony to our world!

      What are you personally doing to make the world a better place?
  • Mar 1 2013: I just posted a comment on the topic in the biggest "problem" of all, a few minutes ago, on the Discussion sponsored by Jason Pontin. If you are interest to the solutions of the "big" problems. You might want to read some comments, not just mine, in pondering about these "problems".
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      Mar 1 2013: Thanks Bart but I'm not part of this, and I somehow guess that one or two of those involved might keep an eye on TED discussions - we can only hope.
  • Mar 1 2013: In the 1980's,
    a World Commission, involving almost all the countries in the world, did a study and came up with a money figure to solve each problem we, the earth and all other forms of life, face.
    So the figures for slavery, illiteracy, poverty, polluted water, homelessness, starvation, air pollution, and on and on, and on, were all added together and a total was arrived at.
    As one might imagine, it was astronomical, yet........
    this total was only 1/4 of the world's total military spending!!
    The money is there. It has to be taken away from the military everywhere in the world.

    What, a couple of years ago, Great Britain, spent 18 billion for two aircraft carriers?
    Why do they need those? What do they have in mind? What are they planning on using them for? They look ahead, and plan ahead too, and with who?
    I think it was a month or two later, they next spent 29 billion on other military weapons. This is outrageous and I find it hard to believe the citizens of that country want their money spent that way.
    Thailand, around the same time, spent almost as much (around 19 billion if memory serves me) for military weapons.
    Thailand? What in the world do they need weapons for? Who are they planning on fighting, where might they be going, or invading and why?
    That's what all this weaponry is for: for using.

    The money is stolen from the people in all countries and much of it is used to then hire those out of work, but they work for the military, government and other agencies, that are only working to enslave the citizens even more.
    They will then be those that "have" and it will be easier to brainwash them into seeing those who "don't have" as their enemy.
    Their own friends, neighbors, their own countrymen, women and children.
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      Mar 1 2013: RC did you do any research on who they paid these billions to? Might be an idea to check Wikipedia for the ten top countries who make huge profit from war ....

      And taking such funds off the military really appeals to me, let them run a cake stall like most schools have to to buy their equipment! One good idea to stop the current conflicts.

      But am sure these billionaires will be able to make reasonable in roads into these issues over the next few years.
  • Mar 1 2013: Kate.I totally agree about not all individuals who are imbedded in a problem can be problem solvers...and yet to physically know a problem can yield perspectives that theorists are not able to intuit...I have unfortunately had a lot of the social evils (short term) as my experience,and what is most relevant easily comes to mind...not all answers,but the ones that will allow you to survive with some humanity..theorists have different priorities. I am not suggesting to subject the theorist to a horrible crime...just be near enough to feel the pulse of the issue..Im sure a theorist may be capable...but most people are unable,even if they are essentially good,or concerned. I.E. non drug users fear drugs, non homeless,and those in homes fear loss of stuff(not the contempt that dehumanizes) white culture attempts to assimilate all other cultures as if their ideas aresuperior,men rarely support women when power is up for debate..meat eaters are perplexed by vegetarians..ect..maybe there i are exceptions..maybe you are one..nothing is black or white ..if your ideas are more useful I will support you. I have been wrong many times...and yet I feel there is a lot of evidence more on my side that supports an experience based point of view,then a compassionate theorist..dont worry I am just looking for the basic frame...others are exceptional at making systems work
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      Mar 1 2013: Agreed CM having the actual experience can add another dimension to solutions, and maybe a collaborative effort between the compassionate professional and those with experience would be ideal?
  • Feb 28 2013: Sure...why not..yet experience reveals not all great idea come to fruition..so how would one begin this big task...I would start at harm/care..basic need to free oneself from slavery,starvation,violence.before the hundreds of other needs...When slavery became less popular.Britian paid off all the slave owners...no one complained then,so even though it is distasteful to me ..I would offer to purchase all human slaves...with a record of sale,as before..giving money to the ruthless allowed many to rise up socially...so why not again..then review all educational material for misuse regarding sexist,racial,historical slander. as well as..start manufacturing paralle to industry from students,and graduate works..so education generates its own products i.e. design schools sell their designs...regarding social ills,poverty,hunger,housing,enviornment..individuals slotted for this arena must live in the experience in order to be able to work on the projects. l Dillema is that smart people who are qualified to do this job..probaly havent been child soldiers,or been raped,or been living in areas of high risk,or they have but have difficulty in enlarging the scope of their experience to yield patterns that are duplicatable ...but of course we could solve all the problems..definetly!
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      Feb 28 2013: Carolyn I am not an advocator of someone must have had a similar experience in order to help someone in that situation. Professionally I have found this to be a block in progress for most! Becuase no two rapes are alike. And being a child soldier is different within each group let alone from country to country.

      Sometimes the helper not having that experience allows the survivor to get more open undisputed support. Otherwise it can degenerate into a competition eg well my experience was worst than yours so what are you worried about ...
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    Feb 28 2013: @Charles Hoes : Thanks. I guess we are on the same page. Actually, I mentioned the cost to indicate the fact that Big donations may help but not match up to the scale. Rather contribution from the whole economy will be required.
    Contrary to common belief Climate Change is also an opportunity for a right kind of investment.
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    Feb 28 2013: One can always experience satisfaction when you give away something that belongs to you, to someone who doesn't have it! I felt very proud myself when once I offered dinner to a poor oldman begging in my street. I took him to a Restaurant near to my place! I felt very happy that day. No one applauded for me neither praised me that i have done a good job but still i felt very much satisfied and it was like i was gifted with happiness on that day. The most important thing in life is our satisfaction for whatever we do and Happiness which will fill our life and yes pledging their wealth make them feel better and give them courage to solve BIG problems. A problem is a problem and it doesn't matter whether it is BIG or SMALL.One must give some time to sort out the things..and in the meanwhile doing such donations make's you feel better!
  • Feb 27 2013: I find it rather amazing that these people were able to acquire $500B to donate. All of that money came from profits on things that they sold - which means that all of those things were priced far above their cost - now they have this crazy embarrassment of wealth. Personally, I am not pleased with the idea that they now have complete control over how they want to direct the donations - rather than having all of us who generated that money for them have a say its use. Back in the '50s there was a 90% tax to minimize the chances of this happening. That has been changed to a 15%, allowing the accumulation of vast wealth. I wonder what the economy would look like if all of that money had not be siphoned out of it.
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      Feb 27 2013: Charles how are you personally helping make our world a better place?
      • Feb 28 2013: Kate

        That is actually a rather complex question. I can enumerate a few of the ways that I am attempting to do that. (1) My career has been as a system safety engineer - I work with manufacturers to help them make products that are safer, cheaper, more efficient and environmentally "friendly." I bring the idea of system engineering to the team(s) so that they integrate the full range of issues into their designs, beyond the written specifications and profit. (2) I am a volunteer fireman and personally get up at 3:00am to help people who are in burning buildings, or scattered around on the freeway after horrific accidents. (3) I spend a lot of time as a concerned "citizen" observer reviewing and commenting on the local politician's plans for the community with the goal of bringing some system knowledge to the discussions to help get affordable, and sustainable solutions to energy and industrial planning. (4) I attempt to keep my point of view open so that I can better understand the point of view of others, and maybe assist them in realizing a more holistic and compassionate view of the world. (5) I donate what I can to assist those in need around the world and at home. This includes providing financial assistance for at risk families, providing money to build schools where needed, and generally helping those in my community that are in need of assistance. (6) I provide a work place environment where everyone is treated as equally important and compensated accordingly. (7) I spend a lot of time and effort on my personal spiritual development so that I can love and be compassionate to myself, so that I can do they same for others. (8) I engage in conversations such as this in an attempt to broaden my views and maybe help others do likewise. (9) I design and install cost effective energy efficiency systems for friends and neighbors. (10) I write about these things in journals and other avenues. (11) I always attempt to make the world a better place.
      • Feb 28 2013: I have dedicated my life to that goal. I am a system safety engineer, helping make products and systems safer, cheaper, more reliable, and more environmentally friendly. I donate what I can to help those in need around the world and in my community. I am a volunteer fireman and get up in the middle of the night to help strangers in need - for free. I attempt to find love and compassion for myself so that I can help others do the same. I participate in discussions such as this one in the hopes of bringing some additional light to the topics. I help friends and neighbors bring cost effective energy solutions to their homes and businesses. I provide a work place that treats everyone as valued participants in the enterprise, and pay them accordingly. My company motto is "Do Good, Have Fun" with the intent of doing the best with both these that we can. I find that if I am doing good things I am also having fun. I participate in local government in the hopes of helping get to better, and fairer, solutions. I work with universities, utilities and others to help find affordable, appropriate solutions to our energy problems. I write articles, columns and lead discussion groups to help people see the broader issues involved with topics of importance. I do my best to love and respect those that I come in contact during the day - including myself. There are more things that I do, but I think you probably can get the drift.

        How about you?
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          Feb 28 2013: That is hugely impressive Charles, I totally rejoice in your skills, your keen ability to help others and the incredible amount of energy that you put into this! Well done!

          See my stuff below 3 days ago near Pabitras comments, have already edited most of it out but you will get an idea. I certainly don't have your skills or energy, but most of us help to the bets of our ability.

          Thanks for joining us.
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          Feb 28 2013: You are certainly not the part of the problem :) Best of luck.
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      Feb 28 2013: @ Charles see below
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    Feb 27 2013: I can solve it with 100,000
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      Feb 27 2013: That's a big boast Casey - how would you do it?

      And what are you doing to make our world a better place?
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        Feb 28 2013: Trying to end poverty

        The fundamental part of Capitalism is that people have to make less money so other people can make more. This can be seen in today's current economy as the 99% vs. the 1% in America. What most Americans don't realize is that the 99% of Americas are also in the top 1% of the world.
        Because I am able to run my business in a free market, my plan is to limit my employee’s salary, as well as my own, to an amount no greater than $100,000 per year for life. I already have 3 business ventures that I am currently working to get off the ground. These businesses are as follows; One in Marketing, one in 3D printing, and one that can be best described somewhat as a Jiffy Lube for nail salons. As I’ve previously stated, my employee’s and I will never make more than $100,000 a year in income. Furthermore, I plan to automate the jobs completed by my employees and create machines that will complete the work for them. However, I will still pay them their annual salary. I will be able to accomplish this with the capital received from the automated services my businesses will provide. As an employer, I don’t really care who or what does the work as long as it gets done. With the future IT companies I plan to establish, I will be able to spread Wi-Fi coverage to everyone in the country, cheaper than it’s already being done. In addition, I will also have the ability to offer more coverage in more places. I will show those employees how they can outsource their job to 3rd world workers, where they can basically double that person’s income by only paying them a tenth of what I plan to pay my employees. This will allow my employees to semi-retire and still complete all the necessary job requirements. Essentially, this method will enable me to rescue my employees as well as the 3rd world workers from a life of poverty. This can be seen as a trickledown effect, which current businesses like to pretend they already accomplish.
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        Feb 28 2013: The best part about this plan is that my “semi-retired” employees will have the buying power. Therefore, they will buy from my company instead of from my competitors. Much like a lobbyist, I will be “bribing” my employees for their loyalty in the form of the semi-retired salary, which they will make for the rest of their lives. My employees will know the more they buy from me, the more people we can rescue from poverty.
        Once I educate my employees on how money actually works, they will realize it is a juggling act and my enterprise will be the ultimate juggler. This will also allow the removal of government welfare programs, thus lowering everyone’s tax rates. This will be effective simply because I will be paying people for doing nothing. From then on they can volunteer or spend their time completing more hospitable and fulfilling activities while having job security.
        If 25% of the world companies and charities used this model instead of our current model how fast do you think we can end poverty?
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        Feb 28 2013: Oh and world peace can be achieve if we redefine what world peace is, I would like to redefine it as "balance or harmony"
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          Feb 28 2013: Thanks Casey I have read this before in your comments here on TED. How many employees do you have at this stage? Wages must be much higher in your country as very few people would ever earn $100,000 a year here unless they are top level specialists, dept. heads, etc

          Totally agree with your comment about balance or harmony and glad that there are so many of us working towards this in our own way.
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        Feb 28 2013: Yeah here in the US you tell them you are going to pay them up to $100,000 a year for life they say what if I want to make more. And my reply back is if you are already collecting that from me you can go and make as much as you want.
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        Mar 1 2013: I just figured out an awesome way to give these people a raise. So lets say I am already paying John $100,000 from the first company I start. John want to actually keep working for me but he thinks he deserves a raise for this, and frankly I probably have a hard time disagreeing with him. So to give John a raise I can just pay him $100,000 from company #2 but insist that he has to save some one from poverty from it, give them a decent life. He knows you Kate and he knows you hate your current job so he say that he will pay you $60,000 of the second $100,000 that I gave him as a raise still giving him a $40,000 raise in one year while also rescuing someone from poverty/slavery
  • Feb 26 2013: Sorry
    It isn't "man's nature" that keeps humans from solving age-old, Big Problems.
    Are people really going to continue believing that lie that we are naturally bad, greedy, deceitful, dishonest, lack ethics or integrity and so on - Original Sin, a black stain on our souls, inherently evil, & on & on, blah, blah?

    Our nature is such that our genes give us a variety of responses to choose from and our choice depends a lot on what our environment is telling us.
    Our environment includes the things we need to survive and we react accordingly.
    I am so sick of this easy out: it's our nature.
    What a great way to avoid looking at the real causes and solving them. We can give up before we even begin by simply saying, "oh, it's our nature, it's the nature of humans, it is how God made us -BAD!" So we will never change nor be able to change, even though we have ample examples of humans behaving, responding and performing in the most wonderful of ways that include inclusiveness, mutuality, love, caring, kindness, understanding and so on.................
    but how can this be possible if our nature is otherwise? What a load of B....................S. Actually, what a load, meaning a burden to carry around and then teach to others to also carry around. Let's all turn to a fictional character who made us, made us evil, does nothing to help us and will only punish us because we are not perfect so we can never live differently.
    There is no flaw in the Nature of man. Man is not perfect, not not good.
    Things don't.........."get done"..................because of money.
    Things.............."don't get done"..............because of money.
    A world commission did this figuring in the early 80's. What is the cost to clean up, solve, resolve every problem mankind has? An astronomical figure.
    The total? Only 1/4 of the worlds military spending.
    It might help though, if the money were spent now, not in the future.
    How about changing the name from "give it all away" to "solve it all away"?
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      Feb 27 2013: Some very strong points here RC. I have to agree that greed, deceitful, dishonest, etc are like stains in us. I don't believe that they are naturally ingrained - toddlers don't have these, they are learnt behaviour and as such can be unlearnt.

      We all have a choice to focus on our healthy aspects and attitudes whilst diluting the poison of our unhealthy aspects of greed, anger, deceit, etc. They won't vanish overnight but with persistent effort we should be able to recognise them as they arise and just not give them any energy ...

      And if the resolutions of the worlds largest problems cannot be solved with the funds raised, maybe if each nation currently engaged in conflict gave 10% of their military budget it would be within comfortable reach. Then with less funds for the war mongering maybe we could all bring our troops home and enjoy more peace?
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      Mar 1 2013: I like to say that an intelligent being is having enough knowledge to choose to how to react to a +/- stimuli.

      There is a logical solution to peace though

      This is how objective morality should look;

      We should redefine what peace is? Because whom are you to tell me what my peace is? See if you think we practiced the Golden Rule as defined as this we could create peace.

      Its reciprocal, if party (y) want to have crazy kinky sex then he/she needs to find party (x) that also wants kinky sex and then the do on to others how they would want to be treated and have some crazy kinky sex. If party (y) want to have crazy kinky sex but party (z) does not want to then guess what you do on to others how you would want to be treated and don't have kinky sex with party (z) Because chances are there is something that party y does not want to do. (maybe party z want to kill some one) All he needs to do is find some one who is willing to die and kill them, if he cant find a party to kill, he doesn't do it. He respects the other person choices as if the are his own.

      So if 2 parties want to kill each other from what they describe as peace or the greatest glory they can do for their god let them do it. It only becomes a problem when one party does not want to kill the other. Or be killed
  • Feb 25 2013: The inventor of the LifeSaver nanofilter says we can solve the lack of access to clean water for $20bn globally.
    wimp.com/waterworld/
  • Feb 24 2013: Probono work - less now that I didn't have enough money to keep my office open - after the wage structure fell in America. Again, I am glad that they are doing this. I was just playing on the fact that John D. Rockefeller had a billion dollars and discovered that there was very little one can do with it except make money or give it away. In fact, for religious reasons he didn't want to die an incredible rich man. He and Carmegie have helped so many people. So have others.
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    Feb 24 2013: If money is the solution then poverty is the problem. Is poverty The Big Problem? I don't think so. There is a flaw in the very nature of Man which, throughout human history and into the forseeable future, opposes global peace and harmony. Money can relieve many troubles, but the Big Problem will be lying in wait to rear its ugly head again, and again. Efforts to rid the world of disease and hardship will reap wonderful, compassionate rewards, but disease and hardship will return. The proper goal is to learn the Truth about Man's nature and the remedy for it.
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      Feb 24 2013: True Edward, I believe disease and hardship exist both to teach us the lessons we need in life and also so that we know when we are sincerely content, happy. If there was no comparison then how would we know?

      Saying human nature is the cause of our bigger issues seems somewhat self defeating. It gives us an excuse not to deal with the poverty and disharmony we see around us.

      I sincerely believe each of us need to get to know oursleves, our minds and emotions a lot better in order to curb our own greed, anger, hostility. Once we improve oursleves a bit more that must surely make it much more harmonious for those around us? Like family, neighbours, colleagues, etc. To me this is the most effective thing we can each do daily in our own lives.

      But the fact that excessively wealthy people might find a more effective way to share their wealth, to benefit our world at whatever level - I think we should all be rejoicing that this is happening right now! Of course there are doubts and limits to a 'complete' cure to all our ailments but what a great collaborative start!
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        Feb 25 2013: I thought you were asking if money would solve the big problems. No doubt the Gates Foundation has started a far-reaching effort to relieve suffering in our world. It's a good thing.
  • Feb 24 2013: In my perspective it is not how much money we are putting in to solve a problem but how effectively we are using that money. I agree that throwing money at the poor will just keep them going for a while. It is the long term benefits that we need to look at. However, when such a large amount of money is being spent to solve many problems, enforcing our solution requires an extremely large number of people to collaborate and have a unified goal. Money is pivotal for solving many problems our world faces today, but the people involved in spending this money need to be able spend it in the right place at the right time. No matter how kind and well wishing a person is while donating hisher money, they must realize what they are affecting. Let's take my country India for example.
    80% of the Indian population are farmers, agriculturists. They are also the poorest of all the economic classes in India. All the politicians here do something called a 'pada yatra' in my state, where they walk the whole state, visiting all the rural areas and villages. They give them money, build them houses, promise them rations on every thing imaginable, and they win. They continue to throw money at them and give them things free of cost, with the taxpayers' money and the taxpayer's begin to accumulate their wealth and indulge in tax evasion because they have no benefits whatsoever. This again results in the Govt. not having enough money and increasing prices of electricity, etc.. This has been the scenario since a long time, and the vicious cycle has been going on.
    Here, money spent at the wrong time led to many other problems.
    More than the money, it's about making the right decision about where it is going to be spent and making sure that we are resposible. Money in today's world is power in many ways, thus as in Spiderman "with great power comes great responsibility" :)
  • Feb 24 2013: It will solve problems as the Green Revolution was much less expensive. Getting rid of malaria would help so much.
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    Feb 24 2013: 'Give it Away' set up by Bill and Melinda Gates is ever growing, and indeed their intention to alleviate poverty and raise standard of living of the downtrodden and marginalized is a noble initiative. Just the other day Azim Hashim Premji of Wipro pledged $ 2.3 billion and with earlier pledges he enters the rank of top five. Another friend of Azim Premji CEO of Biscon - Mazumdar Shaw has disclosed to Forbes that she has pledged to give away 75 % of her wealth.

    All these are world business leaders with a philanthropic heart, and they have a team of experts to guide them and take right decisions. So we should be positive. $ 500 billion will not solve all the problems, but surely it will solve many a problems being faced by the very poor of the world.

    There is section of the very poor, who need direct aid. It is also true that - ' If you give a man a fish........' for this section of the marginalized, an environment of equal opportunity has to be created, and for all projects, funding is needed. The concept of 'interest free long term loan' is what I feel go a long way in helping many to become self sufficient in life.

    A part of the corpus from 'Give it Away' should be channelized to small projects, where the repayments are worked out after due consideration of the income generation component, so that there is no lapse in the repayment. It may be small, but the criteria is it should be regular. Thus funds return back after doing the necessary good, so that they can be again made to 'take the road' do good and return, to start again. Just an idea I have shared.
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      Feb 24 2013: Much thanks for clarifying the project a bit better. I was only commenting from a brief news comment on Australian television after one of our billionaires gave half his wealth, 5 billion.

      And you also show how it is a world wide project, not just a local US thing, thanks for that.
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    Feb 24 2013: Kate, I am in favor of it as long as we teach them to fish so they can eat for a life time. To often we throw money at a problem with no long term goals. These people are not giving their money up to something that does not have a plan and expected desired outcomes.

    I wish you well. Bob.
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      Feb 24 2013: Thanks Bob, can't imagine these people will waste their wealth ... Read my response to Pabitra below?

      You don't mention how you are contributing to make our world a better place?
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        Feb 24 2013: Kate, I am a simple person. I do what I can with what I have. I am a volunteer at our school, and coach football, basketball, and track. I am on the board at school and the local orphanage. I write a newspaper column. I am a CASA ( Court Appointed Special Advocate), A man tracker for law enforcement Search and Resuce Team. Also a CERT ( Civil Emergency Response Team) which is a first response element. You get the idea ... the list goes on.

        In my spare time I am writing a book ... A project that has been on going for two years already.

        To me money is not always the answer ... but being involved is a force for good.

        Years later kids have came back to town and when we meet they have told me that I was a influence in their lives. That means more to me than a gold bar.

        I wish you well. Bob.
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          Feb 24 2013: That's very impressive, much thanks for sharing Bob!

          You are so right in saying if we have sincerely touched another's life that is far more rewarding than all the gold bullion in the world!
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    Feb 24 2013: Let us see what can be the costs of such big problems. Let us take just one such problem, namely Climate Change. On 2008 statistics, as per CIA World fact Book the GDP of world was $61.22 trillion and cost of Climate Change mitigation was assessed to be roughly 2% of GDP that is something like $1.22 trillion that is 1220 billions. So if every dollar counts, 500 billion can offset about half of Climate Change effects.
    Climate Change is only one of nine big problems we are faced with. And none of these nine screw ups are local such that Americans can say, we have taken care of American Climate Change. So Xavier's 'fish' and 'fishing tools' both will be required.
    I personally agree with Ying's suggestion of educating people not to be greedy. But problem is greed enters in our lives hidden as necessity where limitless possession and consumption of endless choices of consumables are seen as our rights. So such education will never work as long as the whole economic/social paradigm is in existence.
    I do not believe is charity but strongly believe in compassionate investment. This is, IMO, available to many of us who cannot afford big donations. As my contribution I am trying to adopt a frugality in life by cutting down all excess - not using car when I can avail public transport, being cautious about electricity and water (it certainly encourages my neighbors when I show them my energy bills, which I make a point to do) and cooking and eating local food with as little wastage as possible. I regularly invest in Education for girls and poor students. No philanthropy, honestly, they teach me, free of cost, how to fight against odds and achieve a goal seemingly impossible.
    Pity, I started late. But good news is that my son is getting a head start.
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      Feb 24 2013: The total cost of making climate change does seems to put it out of reach. But I'm sure this group will look at the bigger picture and set up plans, education and the tools needed for long term empowerment. I can't imagine people who have got where they are are just going to make token efforts.

      Much thanks for sharing what you are personally doing to help make our world a better place Pabitra, well done! Being aware of our greed and curbing our desire for always new and better gadgets is a great way to start!

      My contribution is something similar, to lessen my carbon fooot print as much as possible. Generally tried to help whenever the situation was offered and I had the resources.

      Now my main contribution seems to be listening when others need it. I don't have to look for these people, they just arrive when they need it.
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        Feb 24 2013: You are a good soul Kate. To change our world for better, we need no one hero, but multitudes of ordinary folks with a good and sincere heart. Wish you all the best. Cheers.
    • Feb 27 2013: I think these stated costs for climate change mitigation are totally out of line. In almost all cases, the things that are needed to solve the problems save money, rather than cost money. For example, increasing the efficiency of things like cars and lightbulbs saves resources and money in a very short time - they are not "costs" - they are savings. Distributed, roof-top, solar is similar over a very short period of time. After a few years it saves its initial cost and then continues to save for decades into the future. It isn't as if we have to replace cheap fuel with expensive energy efficiency, we need to replace cheap fuel with no fuel. The costs go down, and the jobs go up. The money stays in the hands of the consumer, which drives the local and international economies. As far as I can determine, solving the global warming problem is a win-win proposition from the point of view of the economy, the consumers, and the world. Maybe not so much for the folks who are very rich because of the poor choices with regard to fuels and low equipment efficiencies.

      I wonder what the huge costs that you quoted were intended to cover? Maybe burning the money in a big incinerator to make electricity?
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        Feb 28 2013: The idea that Climate Change is ONE problem with a UNIQUE solution is possibly wrong. Mitigation is not a solution rather it is an attempt to cope with the changes in the best possible manner.
        I have no idea how CIA arrived at that figure but I am not clear why you think this cost is huge or out of line. For the US, 2 % of GDP equals $288 billion. Per person, that works out to about $938 yearly. It's not exactly nothing. But it's also not overwhelming. On a monthly basis — $78 per month — it's a little higher the price of the average cellphone plan.
        The US military spending in 2008 alone had been $710 billion. That's 4.8% of US GDP.
        • Feb 28 2013: The reason that I think it is out of line has to do with what is meant by "cost." For example, assume that I buy a new type of light bulb that costs me $5.00 ($4.00 more than the $1.00 each one I am replacing), but that new bulb saves $10.00 in power over its life, and only has to be replaced 1/10 as often as the original - did it really "cost" me anything? It moved the timing of my money flow around a bit, but ended up saving me $10.00 in power and $5.00 in bulbs for a savings of $15.00. Is this really the same as costing me $4.00? While I agree that $78 a month is not out too much to pay, my question about how the bookkeeping is done with that determination. If it included only the "upfront" investment cost it would be one thing, but if it includes future savings such as with my light bulb example it could be very different. I am guessing, but don't know, that it is talking about the upfront investment cost disconnected from future savings.

          I am not arguing that we shouldn't invest the money, in fact I am arguing just the opposite - it is very likely much less expensive than claimed.
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    Feb 24 2013: .
    Yes if we use it to educate people not be greedy.
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      Feb 24 2013: Well said W Ying, I'm pretty sure that is the intention.
  • Feb 23 2013: The Director General of the FAO estimated that we need around $30 billion a year to build food systems for all the world's hungry people: http://www.fao.org/Newsroom/en/news/2008/1000853/index.html
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      Feb 23 2013: Thanks Conor, that certainly fits within the Gates budget. How exciting that this could happen within our lifetime!
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    Feb 23 2013: The resources and commitment of these people will certainly help. There need to be thoughtful, research based actions, experimentation and error, on the journey, though.

    Further, there are some ways in which people cannot take action, regardless of its potential, because of politics or popular misconception that create a barrier. An example of a controversial area that is an obvious lever is GM food, which may be the most productive approach to the problem of inadequate consumption of micronutrients.
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    Feb 23 2013: Im going to disagree with most of the comments (Christ, I do this alot..) and say yes, £500 Billion can solve the big problems.
    Athough its not the money per-se, its the usage, the measures enforced to make sure the money is going to the right places and making sure the system(s) is re-structured to uphold a transparent, ethical and productive mechanism.

    Like its been said, if you give a man a fish he'll feed himself for a day, but give him the tools to fish and he'll feed himself for a lifetime'.
    We would just need to use the theoretical money to eliminate what stops people from 'feeding themselves' and not just 'give them a fish', if you catch my drift..
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      Feb 23 2013: Xavier I believe that is exactly what they are aiming to do. This is not something just happening, they have been planning this for years. Doing research, checking out existing NGOs, etc and with the collective think tank of such outstandingly successful billionaires then I sincerely believe something big can happen.

      I can't for a moment imagine that they would throw their billions at wasteful projects or NGOs that skim off heaps. Doubt much of it will be transparent to us but I'm sure they will all keep a very close professional eye on it all.
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      Feb 23 2013: You make a tremendous contribution here, Xavier.
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      Feb 28 2013: X your comment could not be more specious. Typical fallacy believed by government employees to justify there wages. With no accountability.
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    Feb 23 2013: No. It cannot. It can temporarily treat the symptoms, but it cannot cure the illness. The illness is not rooted in money. Money is the viral mechanism for destruction. If we eliminate money without first eliminating the perceived need for it (the cause of the illness), we will simply invent another social virus.
    • Feb 23 2013: Do you really believe the world would be a happy place without money?
      Think about the times when we had no money while men were gatherer and hunters
      Do you think those people were happy all the time?
      What if they couldn't find any deer to hunt for months?
      They could be starving to death.

      Nowadays when something similar happens we can allways go to the supermarket and buy some food.
      Thats a positive aspect about money isn't it?
      It can keep us alive a little longer

      I believe you are confusing money with evil people.
      So i rephrase your sentence:
      Evil people are the roots of evil!
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        Feb 24 2013: .
        Money makes greed and
        greed makes evil.
        • Feb 24 2013: Without money there would be still greediness.

          For example, people with a very pretty girlfriend can become greedy and possesive.
          Some people with a very beatifull home can become greedy and possesive.

          Bottom line:
          Greediness is a personality trait, and that has to be discouraged.
          Money itself is only a trade commodity, which happened to be very effective in making our worlds spin around.
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        Feb 24 2013: ZX, I totally agree with you.If a person truly follow his conscience, nothing can control him, not even money.
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        Feb 24 2013: Good points ZX Style!
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        Feb 24 2013: Well, as I don't believe in evil, your reconstruction of my sentence doesn't make sense to me
        • Feb 24 2013: Oke that's allright, but now i am confused..
          Why is money worse than greedy people?
  • Feb 23 2013: Kate,
    Short answer... No, sorry, it will continue the status quo, the upper 1%, have 90% of the money, pay none of the taxes, the middles class have 10% of the money, pay all the taxes, and the poor are just there to scare the S#*T out of the middle class (George Carlin)

    I once heard that if 1 million was 12 seconds long, then 1 billion would be 30 something years.... is that right?, not sure, anyway, $5 Billion would go a huge way to sustaining life where its needed, however at the same time, through vaccines, innoculations, and other more intrusive methods, children and adults are being sterilised, so the predicted population control is well in effect, and climbing annually.

    So the whole modern philanthropy deal is conditional with designed second effects.
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      Feb 23 2013: Lionel got any evidence to back up your conspiracy theory?

      Afraid I have to agree to disagree with you on this one - cant you be grateful that they are acting?
      • Feb 24 2013: Not a conspiracy, look at the numbers here:

        http://www2.ucsc.edu/whorulesamerica/power/wealth.html
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          Feb 24 2013: Interesting figures Bob but my reference to conspiracy theory was in regard to Lionel's statement below about sterization.

          "however at the same time, through vaccines, innoculations, and other more intrusive methods, children and adults are being sterilised, so the predicted population control is well in effect, and climbing annually."

          Your figures ONLY refer to US, it might help if you realise that many of us are not from US and we are discussing this from a world perspective. Australian and I'm sure other billionaires are joing in with this great idea!
      • Feb 25 2013: Sorry Kate, No evidence available right now, but I do remember reading the same message from at least 4 sources some time ago...

        (probably just went on a weird tangent their for a while)
  • Feb 23 2013: Makes sense to me. I've always found the dynasties of Egypt, Rome , China, Europe, etc interesting.. The 18th dynasty, the Osman dynasty,the Rurakids, and the Romonavs lasted about three hundred years.. Three hundred years is about tops. Why couldn't an economic elite be rich longer in a stable world and country? Okay I know that's not why they're doing these noble things - Maybe doing good can have postitive results for the noble person's family here on earth.
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      Feb 23 2013: You cynic George, and for the future lives?

      Do hope that they get some measurable proof of the impact of such great kindness eg blood pressure, cholesterol, endorphins, etc so that they themselves will feel and see the impact of working towards a better more equitable world! I'm really impressed.
      • Feb 24 2013: I have just been having thoughts about the imperminance of life, and I was having fun. Note that I said that "I know that's not why they're doing these noble things."
        It's just a fun little thought.
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          Feb 24 2013: Sorry George, missed your sense of humor ... agree life and everything is impermanent and we do need more humor.

          What are you personally doing to help make our world a better place?