Doug Casey's Take [ep.#87] Is Charity Evil?

In today's episode, Doug takes on another sacred cow. Doug explains why charity isn't just dumb, it can be destructive to the point of being evil.

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00:00 debunking charity
1:53 how is wealth created
3:15 altruism
6:19 giving money
8:38 institutionalized charity
9:30 Ethiopia famine
11:44 “philanthropists”
14:21 foundations are tax write offs
17:14 businesses will last longer than you will
18:03 strategy
20:50 social aspects
23:17 bureaucracy
25:39 when you die
30:22 next book
31:24 summary