With Bill Gates billions of dollars committed to charity, Warren Buffet's billions donated to charity, Bill Clinton's 4Billion collected for charity each year and billions other collected by redcross, churches and thousands of other organizations, how much money do we collect in total per year for charity and basic human needs? Out of these billions, how many are wasted back on collecting more money?
Most of the organizations I know plan to survive on charity year after year instead of building a sustainable long term model. As I read somewhere, essentially the best way to solve issues is to encourage or incentivize entrepreneurs to solve the issues. Dont we have better chances of solving these issues once political bureaucracy is eased for entrepreneurs to take over?
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