| ▲ | amarilio an hour ago | |
It goes towards MIT’s endowment, which is valued at over $27B, and grew $3B last year. There is no shortage of money. | ||
| ▲ | andix an hour ago | parent [-] | |
> There is no shortage of money This is a general theme in the last decade. There is a lot of money, but it is more and more ending up in the pockets of the extremely wealthy. I'm really no communist, but we've reached a point where the system starts to crumble because of it. It also can't be in the interest of the billionaires. They also want to live in a safe country and use working public infrastructure (roads, airports, air traffic control). They even need a functioning academic ecosystem if they want their children to receive a real education, not just access to a few famous professors they can buy. | ||