Scott Alexander argues against criticism of billionaire philanthropy, citing its efficiency, positive impact, and ability to support important causes that governments often neglect.
Longer summary
Scott Alexander argues against criticizing billionaire philanthropy, presenting several points: 1) Criticizing philanthropy more than luxury spending incentivizes the wrong behavior. 2) The potential good done by philanthropy outweighs concerns about inequality. 3) Billionaire donations often receive more scrutiny than praise. 4) Government spending is often less efficient and focused on important causes than private philanthropy. 5) Philanthropy can support pluralism and fund important work the government won't. 6) Centralized government control risks a single point of failure. He concludes that the immense good done by philanthropic efforts, such as saving millions of lives, outweighs concerns about democratic accountability or inequality.
Shorter summary