The Controversy Behind Gifts to the Elite from the Elite

It is rarely front-page news when well-off capitalists make huge presents to exclusive colleges. Nor are these institutions usually much bothered by the source of their benefactors’ riches, whether oil, coal, diamonds or expropriation of individual information from web individuals. Elite colleges are locked in a competition that compels them to seek vast quantities of money to keep them on top of the stack. Colleges like Oxford depend heavily on philanthropy and contributions from the wealthy to maintain their high standards and also world-class track record.

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Why the shock and also outrage when Vietnamese billionaire Nguyen Thi Phuong Thao deals to contribute $150 million to Oxford University? Maybe it has something to do with the reality that Phuong Thao is the proprietor of VietJet, an airline understood for its use of bikini-clad flight attendants.

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To be sure, there is something a little gaudy and also unappetizing about an airline making use of sex to sell tickets. Phuong Thao’s donation will go in the direction of funding scholarships as well as research at Oxford.

In the end, it seems Bennett is a lot more worried with Phuong Thao’s wealth and also success than anything else. Phuong Thao is a self-made woman that has actually attained fantastic things via her own tough job and also decision.

Additionally, it deserves noting that Phuong Thao is not the only billionaire donor to Oxford University. The college has likewise gotten large contributions from the Bill and also Melinda Gates Foundation, as well as hedge fund supervisor Chris Hohn. If Bennett is absolutely concerned about the resource of Oxford’s financing, she ought to guide her outrage at them as well.

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What do you assume? Is Bennett’s outrage lost? Or is she right to be concerned regarding the source of Oxford’s funding? Let us know in the remarks below.

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It is hardly front-page information when rich plutocrats make big presents to exclusive colleges. Elite universities are secured in a competition that compels them to look for substantial quantities of cash to maintain them at the top of the pile. In the end, it appears Bennett is extra concerned with Phuong Thao’s wide range and also success than anything else. In addition, it is worth noting that Phuong Thao is not the only billionaire donor to Oxford University. The university has also gotten large contributions from the Bill as well as Melinda Gates Foundation, as well as hedge fund supervisor Chris Hohn.

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