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It is often seen that rich sections of the society often pass on their wealth to their generations. It becomes really easy for the generation to have an independent life and rashly use the leftover wealth. In various developing countries we find that a considerable amount of population lives below the poverty line who do not have access to even basic amenities such as food, water and shelter. So why not give a part or entire wealth to them to bring a ray of hope and happiness in their lives? Yes, Bill and Melinda Gates and foundation trustee Warren Buffett have pledged to give away more than 95% of their wealth to these underprivileged people who have equal rights to grow and prosper. Towards this noble cause, Bill & Melinda Gates Foundation has, to date, awarded more than Rs 2.4 lakh crore to support work in over 100 countries.
Being a part of comm 292 helped me realise that as informed and educated citizens, it is our duty to help and assist those who are not as privileged as we are. Their current situation might be a result of birth in a relatively poor family, effect of wars etc. Thus, it always feels special to donate some of the riches that we possess so that other people also get an opportunity to grow.
I fully support Nachiket Mor’s and Archna Vyas’s blog on “Bill & Melinda Gates Foundation’s sunset clause”. In their blog, the writers claim how and why Bill and Melinda decided to donate their earnings to different countries and not to their children. They believe it will be a cruel step as parents to transfer all their wealth in their children’s bank accounts. This will be not make them independent and will never struggle. In my opinion, this is the essence of organizational behaviour i.e. to become independent, to know what it takes to struggle and earn a living. Thus, the blog really focuses on reducing inequalities.
Citations
- Guest. “Gates Foundation’s Rose-colored World View Not Supported by Evidence.” Humanosphere. N.p., 23 Mar. 2017. Web. 02 Apr. 2017.
- “Bill & Melinda Gates Foundation’s Sunset Clause Is to Ensure That Inequality Is Reduced in This Generation.” Times of India Blog. N.p., 01 Apr. 2017. Web. 02 Apr. 2017.