Comment Of The Day: “Ethics Hero: Robert F. Smith”

So much has happened since I designated the African-American mogul an Ethics Hero for spontaneously  announcing that he would pay off an entire graduation class’s college debt that I almost forgot  about Leslie’s provocatively contrary Comment of the Day. Triggered by the backlash against Oprah Smith’s generosity provoked, Leslie launched a critical barrage against Smith, or what his gift symbolizes. She backed down a bit in a later comment on the thread, but her original post is thought-provoking.

In addition, Leslie gets special credit for the Mansa Musa reference. I would include the Mali ruler in the cultural literacy list except for the fact that our culture almost completely ignores major Islamic historical figures.

Here is her Comment of the Day on the post, Ethics Hero: Robert F. Smith:

Don’t belittle Oprah– she bought everybody KFC. Robert Smith isn’t even feeding anybody. Robert Smith isn’t even teaching anybody how to fish in order to feed themselves for a lifetime.

I’m sure he means well, but I don’t think that paying off somebody’s college loans is helping that person become independent and self-reliant. They’re getting out of the contracts they signed in order to finance their careers. Maybe they’ll remember that and pass the favor on and the world becomes a better place.

Or maybe the college education market will be thrown into MORE disarray with a flood of copycat donations the way it was thrown into disarray by government subsidies and the cost of education will go up AGAIN because students are not responsible for the cost of their education. When Mansa Musa passed through Cairo, he gave away so much gold that the economy collapsed and the next time he passed through, he had to buy it all back to restore the economy. If he wanted to do some good, he should have just helped some poor people. That’s the nice thing about poor people– giving your money to them is fairly harmless. Continue reading

Ethics Hero: Robert F. Smith [UPDATED]

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If your reaction upon seeing the headline above was “WHO?” then it is fair to say, is it not, that that the mainstream news media has not sufficiently publicized the news made by Smith of late to permeate your consciousness. After you have read about him, it would be prudent to ponder why this might be.

The reason Smith is an Ethics Hero is this: He was the  Morehouse College  class of 2019 Commencement speaker, and after receiving his honorary degree, announced that he would pay off the entire class’s student debt.

The gift to the all-male, “historically black” college in Atlanta appears to to be worth about $40 million, and will affect nearly 400 students. It is the  largest individual donation to a historically black college or university. [ Not to inject a sour note, but if previously racially exclusive white colleges cannot continue their discriminatory ways by designating themselves “historically white colleges,” then the “historically black college” dodge to encourage and justify racial discrimination in both admissions and institutional marketing ought to be retired permanently. The so-designated colleges now have a collective student body that is about 22% white. ] Continue reading