Bill Gates, Trump, Ethics and Economics

According to President Trump the stay-at-home measures chosen to fight the Covid-19 can be worse than the problem.

We are risking record-high levels of unemployment and a huge decrease in the economic output, all over the world; some economists are already previewing a fall of 30% in the American GDP, but things can turn a lot worse.

On the other hand, ethics is not a trait of the business and economic world. Everyone can easily attest it.

Just consider a few data, and some facts and dynamics behind the wealth created worldwide: 800 million  people still living with less than 2 dollars a day (World Bank Organization); big corporations continue to promote tax evasion, crippling public budgets the and government’s capacity of intervention;  food companies continue to promote sugared drinks and junk food, creating billions of obese people, and hundreds of millions of diabetes and cancer patients; farms and big agribusiness companies are keeping billions of chickens in tiny spaces, violating the most elementary animal rights; w are dumping into the atmosphere 37,000,000,000 tons of CO2 each year; some countries are prospering at the expense of others, by promoting special tax regimes for the rich, or to attract companies.

That’s just a small list.

The problem is:  We can’t turn a deaf ear to ethics – not in a situation as the one we are living.

Bill Gates, the iconic founder of Microsoft and philanthropist has expressed it vehemently, in an interview with TED.

He said: “There really is no middle ground, and it’s very tough to say to people, ‘Hey, keep going to restaurants, go buy new houses, ignore that pile of bodies over in the corner. We want you to keep spending because there’s maybe a politician who thinks GDP growth is all that counts. It’s very irresponsible for somebody to suggest that we can have the best of both worlds.”

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