
James Stephen “Jimmy” Donaldson, better known by his professional moniker โMr. Beast,โ has made a name for himself โ and hundreds of millions of dollars for humanitarian causes โ by leveraging his social media platform.
Heโs cleaned up our oceans, planted 20 million trees, and fought hunger by feeding needy people in communities across the US. In his latest effort, Mr. Beast built 100 wells in Africa, bringing clean drinking water to an estimated 500,000 people in countries from Kenya to Cameroon to Zimbabwe.
Not everyone is happy with Mr. Beastโs latest campaign, however, or his broader philanthropic efforts.
One Kenyan politician told CNN Mr. Beastโs well campaign fed the perception that African countries are โdependent on handouts,โ while the founder of a charity complained that โa white male figure with a huge platformโฆgets all of the attention.โ
While this might sound simply like sour grapes โ and some of it likely is โ the criticisms against Mr. Beast are much broader than many might suspect. For years, many have complained that Mr. Beastโs โphilanthro-tainment’ strategy โ combining philanthropy with online entertainment โ is exploitative.
For example, in February when Mr. Beast partnered with a non-profit organization to provide sight-restoring surgery โ procedures Mr. Beast personally paid for โ he was accused of โpoverty porn.โ
โ…it is all in the service of enriching himself,โ one person tweeted.
โHe cares about poor people and disabled people because they make him money,โ another one said.
โDoctors/nurses donโt exploit their patientโs dignity for profit.โ
โThe Stranglehold of the Profit-Seekersโ
The last word is key: profit.
Profit has become a dirty word over the last century. Ayn Rand explored the growing distaste for profit at length in her classic work Atlas Shrugged, a dystopian novel that depicts a society in which the titans of industry who produce the goods and services of society are viewed with contempt by many โ particularly moochers โ for pursuing profit.
James Taggart, a villain in the novel, talks of โbreaking up the vicious tyranny of economic powerโ and setting โmen free of the rule of the dollar.โ
โWe will liberate our culture from the stranglehold of the profit-seekers,โ thunders Taggart.
Rand was conscious of the fact that our modern world was turning the idea of profits into a sin, even though economist Adam Smith long ago observed that self-interest is the source of economic prosperity in society.
โIt is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest,โ Smith famously wrote in The Wealth of Nations.
Smith understood that self-interest isnโt just healthy and rational; itโs the economic engine of society. In pursuit of his own desires, the butcher provides an essential service to others, just as the brewer and baker do.
Yet profit is anathema to many today, particularly those whoโve been inundated with social justice tropes at universities. The Marxist notion that profits are mere exploitation has been adopted by many, even by people who likely would never consider themselves Marxists.
Like the failed businessman in Atlas Shrugged who defends himself by saying โI can proudly say that in all of my life I have never made a profit,โ many young people now see profit as synonymous with exploitation.
โInspiring people to help others is great, but encouraging young [people] to exploit vulnerable communities for content which they can then profit off of enormously, is the issue,โ tweeted the Washington Postโs grievance correspondent Taylor Lorenz.
In other words, the scorn heaped on Mr. Beast stems from the fact that he has accrued an estimated $500 million fortune while pulling off his remarkable humanitarian achievements.
And itโs worth noting that the criticism heโs received is in notable contrast to the (initial) widespread praise of Sam Bankman-Fried, the FTX founder who built an empire singing a song of effective altruism and rejecting the importance of profits.
โIt’s okay to do a deal that is moderately bad, in bailing out a place,โ SBF said during a 2022 talk with Bloomberg.
SBF let it be known he wasnโt very concerned about crass profits; he was far more focused on helping others. (A closer inspection of SBFโs private rhetoric and business shows he was far more concerned with making money for himself than he let on.)
The difference is that Mr. Beastโs humanitarian efforts actually worked, whereas SBFโs โaltruisticโ efforts failed miserably (and heโs now facing more than 100 years in prison).
This is the real reason Mr. Beast is taking so much heat. Heโs showing the power of voluntary action and the miraculous power of the profit motive. This isnโt just a stark contrast to SBFโs altruistic efforts, however.
โItโs Embarrassingโ
One of the best quotes youโll find on Mr. Beastโs humanitarian work in Africa comes from Kenyan journalist Ferdinand Omond.
โ[I]tโs embarrassing that a YouTuber jetted into Kenya on a charity tour to perform tasks our taxes should have completed ages ago,โ said Omond.
These words have to sting, in large part because they ring so true.
Is this an embarrassment for the Kenyan government, which has long been plagued by inefficiency and corruption? Undoubtedly. But itโs also an embarrassment to every public intellectual who insists profits are evil and that government-led efforts are the solution to poverty, despite their dismal track record.
And it should be pointed out that the Kenyan government is not the only one that has proven utterly inept at fighting poverty.
In 1964, President Lyndon B. Johnson famously declared โwarโ on poverty. Over the next five decades, the average wealth transfer, in real terms, to a low-income family increased from $3,070 per capita (1965) to $34,093 (2016). Economist Vance Gill last year estimated the federal government has spent a total of $25 trillion in its nearly 60-year War on Poverty.
What do we have to show for this fortune in federal spending?
According to the United States Census, in 1966, the percentage of American families living in poverty was 12.4 percent. Today, according to new data from the US Census, the percentage of Americans living in poverty is โฆ 12.4 percent.
Thatโs right. Since 1964, despite tens of trillions of dollars in spending at the federal level alone, the poverty rate in America has not budged; it has merely bobbed around the same level since the Beatles arrived in the British Invasion.
Some could argue that poverty in America could be much worse if we hadnโt spent $25 trillion fighting it, but this ignores an inconvenient truth. In the two decades before the War on Poverty, poverty had fallen from 32.1 percent to 12.4 percent.
All of this helps explain why Mr. Beast is being attacked despite all the good work he is doing.
Milton Friedman famously said that one of the biggest mistakes humans make โis to judge policies and programs by their intentions rather than their results.โ
The results of Mr. Beastโs philanthropy, which is all voluntary and profit-driven, surpass government-led efforts by miles. And thatโs what his critics canโt handle.
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