Occasional reflections on Life, the World, and Mathematics

Posts tagged ‘charity’

The true face of capitalism

Modern capitalism started with the railways. And today:

A mother has launched an appeal to try to find a generous stranger who bought her stranded daughter an £85 train ticket home.

India Ballancore, 16, missed her return train to Bristol from Stockport, Greater Manchester, on Sunday.

Her mother Andrea said the stranger stepped in and paid for a new fare after India was told her ticket was not valid for the next service.

Of course, the only reason why she needed this kindness from a generous stranger is that Cross Country Rail employees couldn’t resist the opportunity to profiteer off a vulnerable girl who had already paid for a ticket, but had missed her train.

Donald Trump gets into refugees

The Washington Post reports on Donald Trump’s objections to an agreement to take in 1250 mostly Middle Eastern refugees currently in Australian detention sites:

Trump was also skeptical because he did not see a specific advantage the United States would gain by honoring the deal, officials said.

He can’t conceive of a deal whose purpose is to benefit someone else. This reminds me of Monty Python’s Merchant Banker sketch. A humble fellow raising money for charity wanders into the office of a very wealthy and self-centred banker:

Mr Ford: Oh. I wondered whether you’d like to contribute to the orphan’s home. (he rattles the tin)

Banker: Well I don’t want to show my hand too early, but actually here at Slater Nazi we are quite keen to get into orphans, you know, developing market and all that…

Mr Ford: So er, how about a pound?

Banker: A pound. Yes, I see. Now this loan would be secured by the…

Mr Ford: It’s not a loan, sir.

Banker: What?

Mr Ford: It’s not a loan.

Banker: Ah… Look, I think I’d better run this over to our legal department. If you could possibly pop back on Friday…

Mr Ford: Well do you have to do that, couldn’t you just give me the pound?

Banker: Yes, but you see I don’t know what it’s for.

Mr Ford: It’s for the orphans.

 

Banker: Well, I’m awfully sorry I don’t understand. Can you just explain exactly what you want.

Mr Ford: Well, I want you to give me a pound, and then I go away and give it to the orphans.

Banker: Yes?

Mr Ford: Well, that’s it.

Banker: No, no, no, I don’t follow this at all, I mean, I don’t want to seem stupid but it looks to me as though I’m a pound down on the whole deal.

Universities and charity

 

Here’s a weird, but hardly novel, controversy: Charity tax row: Oxbridge joins revolt.

The Oxford and Cambridge vice-chancellors wrote privately to Chancellor George Osborne saying his plans risked undermining the culture of university philanthropy. UK universities, which raised some £560m from charitable gifts last year, want him to rethink. Ministers want to stop tax avoidance. Mr Osborne says he is shocked by thescale of legal tax avoidance by multi-millionaires. Under current rules, higher-rate taxpayers can donate unlimited amounts of money to charity and offset it against their tax bill to effectively bring the amount of tax they pay down, sometimes to zero. But from 2013, uncapped tax reliefs – including those on charitable donations – are to be capped at £50,000 or 25% of a person’s income, whichever is higher… An Oxford University spokeswoman said that the government’s own policy emphasised the role of private and philanthropic investment, rather than the public purse. “A step that penalises the government’s own approach seems ill-considered.”

Hmmm. How about this alternative statement:

The university’s own justification depends on its promoting self-consistent argument, rather than specious self-serving sophistry. “An argument that contradicts the university’s own raison d’etre seems ill-considered.”

(more…)

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