karmic capitalism

A Quote by Tim Ferriss on money, philanthropy, empowerment, karmic capitalism, and karmic capitalist

Changing the world doesn’t require much money. Again, think in terms of empowerment and not charity. How much were Gandhi’s teachers paid? How much did it cost to give Dr. Martin Luther King the books that catalyzed his mind and actions?

Just imagine that you and your friends make $40,000 per year. Imagine that you convince just 5 of them to join you in building a children’s school in Nepal dedicated to your parents (or your lifelong friendship). The total cost? 5 people x $3,000 each= $15,000. I know that most people, myself included, will put $3,000 of crap on credit cards in the next few months that could instead create a miracle… a miracle that you can visit.

You and your friends could plan the trip of a lifetime in 6-18 months to visit the completed school, teeming with dozens or hundreds of students who greet you with smiles and thank you letters. You’ll know it’s your school because your names will be on the door.

Tim Ferriss

Source: The Karmic Capitalist: Should I Wait Until I’m Rich to Give Back? http://www.fourhourworkweek.com/blog/2007/10/04/karmic-capitalist-should-i-wait-until-im-rich-to-give/

Contributed by: ~C4Chaos

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