Episode description

For all of his power and prestige,  Bill Gates is rarely scrutinized in our media. The Seattle native has been careful to cultivate an image of a well-meaning nerd who uses his wealth for good. Our guest today on the “MintCast” is an exception to that rule, being one of the few investigative journalists to critically examine Gates’ power and influence. Tim Schwab is an award-winning investigative journalist based in Washington, D.C. His reporting has been published in outlets such as The Nation, The Columbia Journalism Review, The Baffler and Jacobin magazine. His latest book, “The Bill Gates Problem: Reckoning with the Myth of the Good Billionaire,” was published in November.

Today, Schwab joins “MintCast” co-host Alan MacLeod to discuss Gates’ origin story, how he uses his enormous wealth to negatively influence public health and education policy, his connections to disgraced child trafficker Jeffrey Epstein, and to ponder whether there is ever such a thing as a good billionaire.

Gates’ influence on health policy became evident during the COVID-19 pandemic, when he used his funding connections to Oxford University to pressure the institution into their groundbreaking vaccine, telling them that only by partnering with a private corporation could they achieve their goals. Almost as soon as Oxford partnered with AstraZeneca, the latter announced that they would fall dramatically short of the vaccine production figures they had promised, leading to a massive dearth of vaccines for people worldwide, causing untold suffering.

Few know about Gates’ negative influence on global health, however, partially because the media rarely report on it. This is down in no small part to the hundreds of millions of dollars he and his foundation have lavished upon newsrooms across the United States and around the world. Gates is a major funder of many of the most well-known and influential outlets globally, including The New York Times, CNN, NBC, The Atlantic, NPR, PBS, the BBC, Al-Jazeera, El País and Le Monde. 

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