In Response to The Charitable-Industrial Complex

Let’s establish some social wealth incubators, capitalize and staff them, open doors, do the due diligence necessary within the risk environment and welcome all comers.

As an example, let’s assemble such an incubator for increasing wealth in a downtown area. Let’s capitalize and staff it, so that grants and loans are available for projects that will make the core area more viable, enable innovators to capitalize on their ideas and hard work tutored by mentors, create jobs for many and trained on the spot, and provide a return on the incubator’s investment as well as to the overall community. Such is the creation of new wealth.

Will it be risky? Of course it will. But it may be one of many ways to break the cycle, the condition which Buffet criticizes, which will ultimately lead to more and more social distress, perhaps upheaval. Bring on many more ideas for this new operating code.