Oilacris
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November 05, 2021, 09:27:44 PM |
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Have you read the latest news? "Elon Musk is ready to sell his Tesla shares to donate $6 billion".( source). This comes in response to a tweet made by David Beasley, director of the UN’s World Food Programme (WFP).
In his tweet, Beasley had mentioned the $36 billion increase in Musk’s net worth after Hertz ordered 100,000 Teslas. He added that one-sixth of this increase, which is $6 billion, could help save 42 million people who are suffering from famine. If interpreted based on google data, that number is only about 2% of the total value of Musk's wealth. What do you think, Does it really only take 2% of musk's wealth to solve world hunger? How do we assess this phenomenon based on its purpose, from a humanity or economic perspective? Just money won't solve world hunger problem. You need to provide them with a proper framework so that those people suffering can end the world hunger themselves alone. And look at those countries where hunger is wide spread. Those countries are politically unstable and filled with corrupted governments. Who knows what is going to happen to the money Elon sends them. I have sure the top leaders are going to pocket like most of the donations like they always do and Elon knows this very well. True,It wont resolve the problem because when people had already used up the money had been donated then they would come back again on that certain state. Basically means that you would really need to provde into them about those livelihood things for them to at least will able to sustain themselves on long run. World hunger is something that cant really be just resolved on few billions yet there are several factors needed to completely solve the problem.
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2double0
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November 05, 2021, 10:04:51 PM |
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<<>> What do you think, Does it really only take 2% of musk's wealth to solve world hunger? I was thinking whether that 2% of Musk's wealth will be evenly distributed among all the needy ones? Or how will they distribute it? Through money or food? And here comes my biggest concern - will those funds be even distributed at all or will be eaten up by middlemen? How do we assess this phenomenon based on its purpose, from a humanity or economic perspective?
It depends on the intentions of the speaker as well as the responsiveness of Musk whether he honestly does what he said, and if he will, what steps will WHO take afterwards?
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BIT-BENDER
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November 05, 2021, 10:14:44 PM |
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I the data of hungry people is not correct, they are many hungry people and they don't have to be from somalia, south or north sudan, their are hungry people in my country very hungry they are having illness associated wy malnutrition, but they don't get enough relief and this reliefs packages program has been ran for years, I think it's a mandate for billionaire or even millionaire in dollars, or and philanthropist to be concern how their charity work is spent, I think more plans should be in place not every year donation for hunger in africa, education can be added.
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beerlover
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November 05, 2021, 10:18:27 PM |
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Money "can" solve the problem, it wouldn't be "one rich person solves it" type of thing but more like if you build an infrastructure type of way. So instead of buying food and giving it to the people who are hungry, find the common places where people are hungry and build vast farms there. Even if the place is not proper for farming because of the land or drought and all that, there are ways to solve it like building wells and bringing water from one place to another.
Africa is surrounded by water as we all know, and yes bringing that water to everywhere around the water is a very expensive thing but can be done with "money", you could also use filters to turn that into water that can be used for crops as well. So, I believe that there is a good chance that we could end up with a good amount of money in wrong hands and may fail, but we could also build stuff that could make farms and ranches and so forth to make it work a lot better than just giving food.
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DrBeer
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November 06, 2021, 11:24:49 AM |
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Please explain - why did everyone decide that the problem is for solving the poor - someone must come and solve their problem from their wallet? Why should someone solve their problems for them? Why, in fact, do they want to become the kept women of rich people who have earned their fortunes through work, knowledge and so on, i.e. investing LABOR, TIME, FORCE. But for the poor, they have to bring it, and give it, and free of charge ... And they do not want to take money, but not to eat it up, but to get an education, undergo training, build a plant and start producing products. And this will give jobs, regular income, the opportunity to develop ... Ah ... no ... it's hard, it's better when they just give money without demanding it back, and food and also free. By giving money for this, you yourself generate systemic poverty, which becomes genetic.
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tyz
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November 06, 2021, 12:00:11 PM |
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Hahaa, someone important wants to reveal something here. He began to suspect a lot of things about the UN. Looks like the donation will fail, unfortunately.
Unfortunately, however, this corresponds to the truth. Large aid organizations such as the UN spend too much of the donations on bureaucracy and other things. In the worst case, some of the money even seeps away into dark channels. Only a part of it ultimately reaches the people who need it. Elon Musk could certainly use his fame and power to make sure that he is shown exactly what is being done with the money, but I still say that 6 billion will not be enough to solve the problem.
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lixer
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November 06, 2021, 05:04:23 PM |
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Does it really only take 2% of musk's wealth to solve world hunger? How do we assess this phenomenon based on its purpose, from a humanity or economic perspective?
That depends on what they're really going to do with the money, are they just going to buy food and give to them and that’s all? Because, sometimes it’s not all about giving fish to a man, it's all about teaching them how to fish. When you continue to give fish to a man they will keep on coming back and begging for more fish, but when you teach them how to fish they will be able to take up their hook and fish and feed themselves and be able to take care of their family as well. So if they’re saying $6 billion, and their plan is to share it for those poor people or open a business for them, how much did they plan to share it for each of the homes that are in famine?
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nakamura12
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November 06, 2021, 05:13:12 PM |
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No matter how much money is invested to be distributed to those who really need money to buy foods won't solve world hunger unless there is a group of rich people will help. In my opinion, It became worst when pandemic hits. Even if you help someone to make him able to get food on his own it won't help most of thw time. Not all will be accepted in work unless you live in a place where there is a vast body of water where you can grow fish.
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qwertyup23
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November 06, 2021, 05:36:57 PM |
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What do you think, Does it really only take 2% of musk's wealth to solve world hunger? How do we assess this phenomenon based on its purpose, from a humanity or economic perspective?
As far as I know, Elon Musk challenged the UN that if it does solve world hunger, he will sell his Tesla shares but the expenditures must be reflected on a public ledger for transparency and for everyone to see. But to be honest, 6 billion to solve world hunger is too far fetched given that this will only solve the problem short-term. Like what is stated on the Bible, If you give a man a fish he is hungry again in an hour. If you teach him to catch a fish you do him a good turn. So like what I previously mentioned, this is only a band-aid solution that will not eradicate world hunger completely but address such problem short-term.
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Alanaz
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November 06, 2021, 05:42:59 PM |
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I don't think that could completely eliminate the world hunger but to be honest, that would really help a lot. It will take a long time to solve that world problem because we couldn't end it by giving a single meal but by continuous feeding. Providing temporary food is just a temporary solution. However, Elon's generosity in case that's true should be something to be thankful for because 6 billion is already a huge amount of funds.
It will help a lot but these people who sees a specific amount to end a problem that has been there since the ancient days are joking around. They're just projecting a value that might end hunger but in reality, there are more problems that will exist after doing that. Famine/hunger has been there for a long time and it's not going to solve it as exact as what they're speculating and projecting. What they must do is to use that money to provide jobs and build better projects that will sustain these people for the longer term. They only look at the short term solution and it's not really enough IMHO. Just like the very known quote about feeding and teaching to fish. this is indeed good to make at least those who experience hunger a little helped by it. but to overcome hunger by giving nominal I don't think it's a solution. because it seems that hunger will always exist even if this is done because there is no absolute guarantee that it will be evenly distributed, besides that with something like this it is only possible to make hunger at least stop for some time after that there will definitely be more hunger in every region. it would probably be great if we focused on giving people who don't have jobs a chance to be empowered. because with things like giving help to people who are under poverty maybe they will be happy and will always hope that it continues so they don't want to change themselves. We acknowledge and salute them that helps to reduce world hunger but having such aim to solve the problem, that money isn't really enough. It's not all about the amount of people that can be fed with that 6 billion dollars but it's about what it can do to change a lot of lives. I think these people and social workers should look at that perspective aside from just feeding them all at once. How long will that amount sustain them feeding for those who are in need? That amount will eventually be gone and will also be lessen before it probably go to the receivers if there are corrupt officials. as you said, as long as there are many corrupt officials and many people abusing their power things like this will not go very smoothly. on the other hand, things like this are not wrong, in fact things like this are a good thing because at least they can reduce the suffering of many people. but indeed the system that is carried out and the method is not quite right. because it's true that things like this won't last for long.
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Shenzou
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November 06, 2021, 07:17:50 PM |
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Have you read the latest news? "Elon Musk is ready to sell his Tesla shares to donate $6 billion".( source). This comes in response to a tweet made by David Beasley, director of the UN’s World Food Programme (WFP).
In his tweet, Beasley had mentioned the $36 billion increase in Musk’s net worth after Hertz ordered 100,000 Teslas. He added that one-sixth of this increase, which is $6 billion, could help save 42 million people who are suffering from famine. If interpreted based on google data, that number is only about 2% of the total value of Musk's wealth. What do you think, Does it really only take 2% of musk's wealth to solve world hunger? How do we assess this phenomenon based on its purpose, from a humanity or economic perspective? World hunger is not an issue that can easily be solved by just giving away money to those who don't have food, and it is not going to be solved in short period of time, the nature of how the world is divided into countries with a lot of natural resources and ones where even the smallest crops can't even grow, and also hunger is driven by many other problems, such conflicts like civil war and war between countries that they lead to displacing a lot of people and creating poverty and hunger, and these are problems that can't be solved as long as humankind exist.
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2double0
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November 06, 2021, 08:38:42 PM |
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<<>> By giving money for this, you yourself generate systemic poverty, which becomes genetic.
I have researched and found that lots of poor people don't have the intentions to work. So even if riches ask poor people to work to get money for their work, there will be more exploitation than 'helping out' because riches will behave like a boss then. I totally agree with your systemic poverty line, but the mental state of poors have been so much narrowed down that they are unable to come out of that, thinking they have no life and due to less to zero knowledge, they don't know about and cannot learn anything new. If everybody starts thinking the way you think, then there will be no donations at all.
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batang_bitcoin
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November 06, 2021, 08:48:37 PM |
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We acknowledge and salute them that helps to reduce world hunger but having such aim to solve the problem, that money isn't really enough. It's not all about the amount of people that can be fed with that 6 billion dollars but it's about what it can do to change a lot of lives. I think these people and social workers should look at that perspective aside from just feeding them all at once. How long will that amount sustain them feeding for those who are in need? That amount will eventually be gone and will also be lessen before it probably go to the receivers if there are corrupt officials.
as you said, as long as there are many corrupt officials and many people abusing their power things like this will not go very smoothly. on the other hand, things like this are not wrong, in fact things like this are a good thing because at least they can reduce the suffering of many people. but indeed the system that is carried out and the method is not quite right. because it's true that things like this won't last for long. Yeah, it is not wrong. But the motive could be hidden from the actual help that they want to say. You can ever imagine everyone being fed and are filling their hunger. Until when? that's the question that they have to solve next when the funds for solving the hunger is no longer there anymore.
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Silberman
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November 06, 2021, 09:31:46 PM |
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Hahaa, someone important wants to reveal something here. He began to suspect a lot of things about the UN. Looks like the donation will fail, unfortunately. $6 billion apparently not only gives a hungry person a little hope, but also makes full people hungry. Even $6 trillion won't eradicate hunger. UN World Food Program ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FFDYLmjmX0AMYH0f%3Fformat%3Djpg%26name%3Dsmall&t=665&c=XdeUNOe3Q4ZW5A) Seems that way. Publishing their transaction ledger would clarify matters. And this is one of the big problems with charities and other organizations like that, a great deal of whatever you donate goes towards maintaining the charity itself and not to help those that need it, this is why it is way more effective to just give whatever money you were thinking to donate to a charity to people directly, this way the full amount you wanted to give will reach that person without a third party in the middle taking their cut, basically the same concept behind bitcoin but applied to donations instead of a currency.
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Joca97
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November 06, 2021, 10:57:17 PM |
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Have you read the latest news? "Elon Musk is ready to sell his Tesla shares to donate $6 billion".( source). This comes in response to a tweet made by David Beasley, director of the UN’s World Food Programme (WFP).
In his tweet, Beasley had mentioned the $36 billion increase in Musk’s net worth after Hertz ordered 100,000 Teslas. He added that one-sixth of this increase, which is $6 billion, could help save 42 million people who are suffering from famine. If interpreted based on google data, that number is only about 2% of the total value of Musk's wealth. What do you think, Does it really only take 2% of musk's wealth to solve world hunger? How do we assess this phenomenon based on its purpose, from a humanity or economic perspective? I have heard of this news a few days ago and i think Elon Musk would even give this kind of money.But i dont think even this $6 billion would end world hunger. Elon Musk also tweeted that if he gives the money everything wants to be transparent for the public so everyone can see on what the money has been wasted.
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aysg76
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November 07, 2021, 11:13:09 AM |
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If this was best solution then I think philanthropist and other billionaires have already donated so much for the noble cause that world hunger should have been evaded by now and we have not come across such statements.So if we take into consideration his $335 billion net worth as he is only one to reach there and some know how he managed to do it his 2% would be around $6.6 billion and that's not at all sufficient to evade hunger or end the world hunger totally.As per this they need $1.9 billion to prevent famine this year and have received $1.5 billion in funds already.But how much they are going to stop the rising inflation is making many going down the poverty line and pushing burden on themselves to survive the race to stay above the line.But if they can solve it with such small amount then not only musk many others or say top 10 richest person on Forbes 2021 will be willing to give some amount which will surely be above 2% of Musk's wealth but can they do it what they have said?
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DrBeer
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November 07, 2021, 01:56:14 PM Last edit: November 08, 2021, 08:44:41 PM by DrBeer |
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<<>> By giving money for this, you yourself generate systemic poverty, which becomes genetic.
I have researched and found that lots of poor people don't have the intentions to work. So even if riches ask poor people to work to get money for their work, there will be more exploitation than 'helping out' because riches will behave like a boss then. I totally agree with your systemic poverty line, but the mental state of poors have been so much narrowed down that they are unable to come out of that, thinking they have no life and due to less to zero knowledge, they don't know about and cannot learn anything new. If everybody starts thinking the way you think, then there will be no donations at all. I myself am a little shocked by this, but it is a fact. Therefore, I will persuade them to stop supporting this dead-end ideology, which only develops in them a sense of consumerism, a feeling that everyone owes them, and everyone must solve the problems of these "suffering" at their own expense, and they, unhappy, will "sit and suffer" ! In fact, modern society spoiled those who really needed help, and transformed the objective need for help into some kind of obligation of some to others, but without any logic, and most importantly, this does not solve the problem, it just creates dependents, constantly demanding to save them! We also learn that they themselves do not want to do this, as it turns out that this requires work!
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Snappycoco
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November 07, 2021, 04:12:00 PM |
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It wont. The mere fact that most are affected by poverty, 6B$ isn't enough. It needs global cooperation as well as programs to eradicate such problem in the society. Added by corruption and greedy politicians, UN cant solve it really. What we need is a global education system for the poor and how to get out of that situation. Help them get a job and give hope for those who lost it. Poor people usually are lazy due to their surroundings and lack of hope for their future. It is a generation passed to another generation mentality and those who have the guts to break that system wins. Help them by educating them properly. We needs 100B$ for that and global unity.
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Koro-Sensei
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November 07, 2021, 04:58:03 PM |
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Have you read the latest news? "Elon Musk is ready to sell his Tesla shares to donate $6 billion".( source). This comes in response to a tweet made by David Beasley, director of the UN’s World Food Programme (WFP).
In his tweet, Beasley had mentioned the $36 billion increase in Musk’s net worth after Hertz ordered 100,000 Teslas. He added that one-sixth of this increase, which is $6 billion, could help save 42 million people who are suffering from famine. If interpreted based on google data, that number is only about 2% of the total value of Musk's wealth. What do you think, Does it really only take 2% of musk's wealth to solve world hunger? How do we assess this phenomenon based on its purpose, from a humanity or economic perspective? Nope. I think 6B$ cannot sustain a year long feeding for these hungry people. These people are there because most of them don't want to work. Some are just unlucky enough. Some have disabilities. Even if UN give them a job, some of them wont do it out of laziness. So yeah, 6B$ wont even fund it til mid 2022. However, countries like africa really needs help. This amount will do a lot for them but again cant sustain a year long fund.
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Rufsilf
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November 07, 2021, 05:43:10 PM |
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Certainly 6 Billion in USD can't solve the hunger throughout the world, to think, there's no available amount to estimate how to solve the hunger worldwide. So instead of giving money to the people who are in need, why not give them a job based on what skills they have. In that way, we won't have to give them money to sustain their needs especially food because they can feed themselves already and even with their family from the job that has given to them and the best thing is they have a chance to lift themselves from poverty depending how they'll manage. $6B isn't gonna sustain them for a week or two if you help those who need the most in USA, how much more if it's divided throughout the globe. And I don't like when famous persons are tweeting or announcing it publicly if they're planning to give to the poor, why not give it privately as long as your heart is pure. But still I respect for that good deed and mindset that he's willing sell his part on Tesla to solve world hunger. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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