Mike Gebert wrote:It's the result of the "cult of billionaires." You have more and more
money in fewer and fewer hands
Not sure that the field in which the government agency works in the Packard Campus, and one of its main competitors is George Eastman House, entirely illustrates your point.
That's kind of an esoteric post that goes over my head.
I am not against wealth, and like most aspire to some degree of it, but
I see what happened to these labs going on at a local level. Several antique
malls have closed, because people do not realize that they have to support
small interesting businesses, or else we will start to live in "McDonaldville"
with more boring big box shops reducing our amount of choice, and the only
alternative to be internet shopping with less of a local feel. This reduces
the color of the landscape and being among one's community in an interesting
and fulfilling way.
There are now many billionaires (on paper) and most instead of liquidating
what they can of it and making the world a better place, keep it in stocks.
And I'm always blown away when I see millions given away to non-profits
which don't seem to make much difference, or tens of billions given
away to job creation programs which don't seem to be able to create the
income of a hundred thousand people for a few years. I imagine much
of the money in both circumstances isn't always spent, but stays in prudent
reserves (of the few, without much cultural education).