Giving Pledge or Purpose Pledge?

The recent Theodore Schleifer piece in The New York Times, “The Billionaire Backlash Against a Philanthropic Dream,” chronicles the fading momentum of the Giving Pledge—the initiative where billionaires pledge to give away at least half their wealth. But Schleifer’s coverage misses a more fundamental problem: both the Giving Pledge and similar efforts assume it’s normal, and acceptable,

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