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Sometimes the world's biggest issues can seem so intractable that meaningful change feels impossible. But what if the answer has been right in front of us all along? What if the answer is actually throwing money at the problems? In this thought-provoking talk, philanthropic advisor Natalie Cargill shares what might happen if we came together to spend 3.5 trillion dollars on fixing the world. And, yes, she also has a plan for where to get the money from. (Followed by a Q&A with Anna Verghese, executive director of The Audacious Project.) If you love watching TED Talks like this one, become a TED Member to support our mission of spreading ideas: 🤍ted.com/membership Follow TED! Twitter: 🤍twitter.com/TEDTalks Instagram: 🤍🤍instagram.com/ted Facebook: 🤍facebook.com/TED LinkedIn: 🤍🤍linkedin.com/company/ted-conferences TikTok: 🤍🤍tiktok.com/🤍tedtoks The TED Talks channel features talks, performances and original series from the world's leading thinkers and doers. Subscribe to our channel for videos on Technology, Entertainment and Design — plus science, business, global issues, the arts and more. Visit 🤍TED.com to get our entire library of TED Talks, transcripts, translations, personalized talk recommendations and more. Watch more: 🤍go.ted.com/nataliecargill 🤍youtu.be/k7P9v9NB7fU TED's videos may be used for non-commercial purposes under a Creative Commons License, Attribution–Non Commercial–No Derivatives (or the CC BY – NC – ND 4.0 International) and in accordance with our TED Talks Usage Policy: 🤍🤍ted.com/about/our-organization/our-policies-terms/ted-talks-usage-policy. For more information on using TED for commercial purposes (e.g. employee learning, in a film or online course), please submit a Media Request at 🤍media-requests.ted.com #TED #TEDTalks #philanthropy
k7P9v9NB7fU&t=8m51s 8:51
Create a movement for this. I will join you in it.
I'd rather they pay their taxes.
With such market dynamics, which allows such disproportional earnings and global instability isn't where the solution is at. Don't ever dare asking anything from the top greediest/egotistical people alive to help the so-called "poor" people/countries.
Real change comes from true power, the "we", common people, you reading this and not from illusory digital numbers from fraudulent banking systems and old-fashioned structures we've been living under/with for over a hundred years now.
If I had all the "wealth", money and power and tomorrow I decided to donate it to solve the world's issues, people would think I'm a saint, they'd cherish as a Messiah.
Instead, I'd rather live in a world where social inequality and the created "poverty", which is but a sub product of the market as a whole, doesn't even need to exist and all are seem as equal. No matter if I invent the tele-transporter, I DONT WANT MILLIONS because I created it, it's for the benefit of all, don't shower me with all this boots licking and money.
As for your suggestion on how this donation could possibly solve the world's crisis, it just won't, again, please start studying from the beginning with how the markets dynamics work, how money is invented and how everything is tied to debt, then, come back to TED, you'd be surprised on how your updated lecture will change 360°.
There's nothing worse than money in this world, I mean, it's clear, look around.
If you want the top 1% to give out 10%, there's already a mechanism for that... It's called taxes.
If money could fix the world, with the amount of it being thrown around right NOW... It would already been fixed.
Throw money at the (or any) problem... Very american.
Wasn't tax created with such a dream in mind? How does that turn out.
For this to work, the Top 1% needs to hace a moral conscience, which they dont. And they do the bare minimum mandated by law. I dont see them giving up that cash with nothing in return, sadly...
I would love if someone idealistic (such as this nice lady) would explain to me how they imagine the 1 percenters to pay up.
Imagine I have a 1 trillion dollar company. I own 51 percent of it, so that makes me pretty rich - about 510 billions net worth. Not someone asks me to give away 2 percent of my net worth for good things. And I'm personally willing.
Now that means, that I have to sell a lot of stock (because my 100 million USD villa or my 5 million USD ferrari won't even make a dent in this). So I'm no longer in control of the company. That's a big ask, tbh. And also, if every 1 percenter is selling off their stock - who is buying the stock? Who has those trillions of cash that can be readily spent on this operation?
This would be such a clusterfuck, I imagine. But I'm open to explanations, honestly.
I am. Not agree with you 🫠
ah yes, a literal who solves the world's problems, thanks ted
lmao
It's not that easy. (1) You can't just throw money at things. You're assuming the talent is there if the money is there. Suddenly there are more climate scientists and disease researchers just because there's more money? Doesn't work that way. Takes years to train people and a large segment of any population will want to be singers, artists, lawyers, bankers, etc. instead of scientists. (2) Feeding people for a year doesn't solve underlying societal (corrupt ruling class/bad government/poor infrastructure/remote locations/harsh desert environment) problems. Plus you can throw money at people and feed them for a while, but if you throw enough money the local government will step in to take their cut (their cut is ~90+%). Unfortunate but that's life.
90% of these hate billionaires power to the people! comments on YouTube are empty bot accounts.
When the philanthropist would really pay their taxes, the governments should be able to pay for the stuff society needs.
I worked as an engineer on a U.S. flagged bulk ship that sailed under government charter to carry food aid, mostly wheat purchased by non-profits, to countries facing famine due to war or crop failure due to drought or social unrest. We could end hunger across the world if we just had the political will. It has been estimated that less than 1% of the GDP of the 20 riches countries could accomplish all the millennium development goals to eliminate extreme poverty globally.
I need to know more Natalie, could give me a private lesson on this?? 😉😋
I mean Gandhi said it first, the greed of the rich is the real obstacle.
The 1% love “philanthropy” cause it forgets “taxes on the rich”. U know what’s free? Voting. Voting to raise taxes on the each countries own 1%.
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