When (rich) Christians defend mammonism, the idea that Christians may or should be rich, they often include arguments that aren’t necessarily based on Bible study – such as the arguments I discuss in my God vs Wealth series – but rather in philosophy or economics. These are the sorts of arguments I tackle in my Why Wealth is Wrong series. You can also read my discussions on the economic argument and the mathematical argument.
The Bill Gates argument for why it’s OK to be rich is a variant of the mathematical argument that involves billionaires. Look at Bill Gates, the mammonist says, he’s so generous! He has his Bill and Melinda Gates Foundation that does so much good for the world’s poor. This is because Gates is the richest man in the world, with his net worth of 75 billion US dollars. His abundant wealth allows him to be abundantly generous, and thus he as a rich man should not be condemned but celebrated both for his skills in computer invention and business, and his philanthropy.
The problem with the argument is that it tries to eat the cake and give it away at the same time: wealth is good, because you can give it away. This is the same error as the mathematical argument makes. Saying that wealth is good because billionaires can give lots of money to the poor, is like saying that it’s good to be fat because then you can lose a lot of weight. It’s trying to rationalize a phenomena by arguing that you can get away from it. Continue reading Why Bill Gates Doesn’t Prove that Wealth is OK