How Should The Middle Class React to David Koch’s Death
By MacKenzy Pierre
The estimated reading time for this post is 96 seconds
David Koch’s death will not stop his political agenda; his wealth will allow them to flourish decades after his death. The policies he supported politically hurt the middle-class, but he was a great philanthropist.
David Koch was a complex man. He was a staunch libertarian. His politics, more so, the spillover of them helped promote right-wing movements like the Tea Party and the alt-right movement. He was one of the world’s wealthiest persons, and he wasn’t afraid to use his riches to boost his views. Many people think that those views hurt more than help the American middle-class.
David Koch’s Death & Legacy
He was a great philanthropist; he gave away more than $1 billion to various causes. People like Anand Giridharadas, the bestselling author of Winners Take All, would make a convincing argument that David Koch’s philanthropic endeavors weres to mask his evil deeds.
The question is how we, the middle class, are supposed to mourn this American capitalist and industrialist. His unyielding belief in free trade, free markets, and lax business regulations made him a billionaire 40 times over. However, that belief undoubtedly hurt the middle class.
David Koch is the conundrum that Anand Giridharadas tried to simplify for us in his book. Here’s the man who got rich and helped others. That in itself should be a one-one win according to Jay-Z, but it’s not that obvious for David Koch.
The Citizen United decision, which is a United States Supreme Court decision, classifies political spending as a form of protected speech under the first amendment. That law reduces the power of the middle-class voters and increases the power of big corporations. David Koch spent millions of dollars to make that happen.
David Koch was a complex American capitalist and industrialist. He helped and hurt those in need. It’s up to the American middle class to remember him how they want.
Senior Accounting & Finance Professional|Lifehacker|Amateur Oenophile
RELATED ARTICLES
What Matters to Middle-Class Voters
The estimated reading time for this post is 572 seconds Introduction Middle-class voters are the backbone of the American electorate. Their votes decide elections, and their voices shape national policy. In the 2020 presidential election, for example, middle-class suburban voters...
The Nouveau Riche and the U.S. Tax Code: A Tale of Unequal Burdens
The estimated reading time for this post is 188 seconds The lingering shadows of the Gilded Age stretch into the present, casting a long silhouette over America’s economic landscape. Families like the Waltons, the Mars clan, and the Cargill-MacMillans stand...
Leave Comment
Cancel replyFinancial Nihilism: How Millennials and Gen Z Are Betting Against Economic Reality
Saving vs. Investing: What’s the Difference?
Exploring the Financial Challenges of the Unbanked: Insights from the FDIC’s 2023 Survey
Gig Economy
American Middle Class / Nov 02, 2024
2025 401(k) limit: $23,500; IRA limit unchanged
The estimated reading time for this post is 191 seconds Maximize Your Retirement Savings in 2024: Key IRS Adjustments to Know Saving for retirement just got...
By Article Posted by Staff Contributor
American Middle Class / Oct 30, 2024
US Economy Update
The estimated reading time for this post is 139 seconds The Bureau of Economic Analysis (BEA) report indicates solid economic growth in the third quarter of...
By FMC Editorial Team
American Middle Class / Oct 29, 2024
Zero-Based Budgeting: A Guide on Tracking Every Dollar to Maximize Savings
The estimated reading time for this post is 324 seconds Introduction: Why Zero-Based Budgeting? Have you ever gotten to the end of the month and wondered...
By Article Posted by Staff Contributor
American Middle Class / Oct 26, 2024
10 Credit Cards with the Highest Annual Percentage Rates (APR) on Purchases and Cash Advances
The estimated reading time for this post is 362 seconds When you’re on the hunt for a credit card, there are many things to consider—the rewards...
By Article Posted by Staff Contributor
American Middle Class / Oct 18, 2024
The Hidden Costs of Financial Procrastination
The estimated reading time for this post is 354 seconds You might think delaying your financial decisions isn’t a big deal. But let me tell you,...
By Article Posted by Staff Contributor
American Middle Class / Mar 17, 2025
Financial Nihilism: How Millennials and Gen Z Are Betting Against Economic Reality
The estimated reading time for this post is 181 seconds A few days ago, I saw a social media video of a guy who, not even...
By MacKenzy Pierre
American Middle Class / Nov 24, 2024
Saving vs. Investing: What’s the Difference?
The estimated reading time for this post is 173 seconds When managing your finances, two terms often pop up: saving and investing. But what’s the difference,...
By Article Posted by Staff Contributor
American Middle Class / Nov 15, 2024
Exploring the Financial Challenges of the Unbanked: Insights from the FDIC’s 2023 Survey
The estimated reading time for this post is 266 seconds Introduction In 2023, about 4.2% of U.S. households—equivalent to approximately 5.6 million families—remained unbanked. Despite years...
By FMC Editorial Team
American Middle Class / Nov 09, 2024
Should You Rent vs Buy a Home? How to Decide.
The estimated reading time for this post is 327 seconds The question of whether to rent or buy a home has been overanalyzed by just about...
By MacKenzy Pierre
American Middle Class / Nov 05, 2024
Creating an Emergency Fund: Why Everyone Needs One and How to Build It Quickly
The estimated reading time for this post is 331 seconds Introduction: The Safety Net You Can’t Afford to Ignore Life is full of unexpected events—whether it’s...
By Article Posted by Staff Contributor
American Middle Class / Nov 02, 2024
2025 401(k) limit: $23,500; IRA limit unchanged
The estimated reading time for this post is 191 seconds Maximize Your Retirement Savings in 2024: Key IRS Adjustments to Know Saving for retirement just got...
By Article Posted by Staff Contributor
American Middle Class / Oct 30, 2024
US Economy Update
The estimated reading time for this post is 139 seconds The Bureau of Economic Analysis (BEA) report indicates solid economic growth in the third quarter of...
By FMC Editorial Team
American Middle Class / Oct 29, 2024
Zero-Based Budgeting: A Guide on Tracking Every Dollar to Maximize Savings
The estimated reading time for this post is 324 seconds Introduction: Why Zero-Based Budgeting? Have you ever gotten to the end of the month and wondered...
By Article Posted by Staff Contributor
American Middle Class / Oct 26, 2024
10 Credit Cards with the Highest Annual Percentage Rates (APR) on Purchases and Cash Advances
The estimated reading time for this post is 362 seconds When you’re on the hunt for a credit card, there are many things to consider—the rewards...
By Article Posted by Staff Contributor
American Middle Class / Oct 18, 2024
The Hidden Costs of Financial Procrastination
The estimated reading time for this post is 354 seconds You might think delaying your financial decisions isn’t a big deal. But let me tell you,...
By Article Posted by Staff Contributor
American Middle Class / Mar 17, 2025
Financial Nihilism: How Millennials and Gen Z Are Betting Against Economic Reality
The estimated reading time for this post is 181 seconds A few days ago, I saw a social media video of a guy who, not even...
By MacKenzy Pierre
American Middle Class / Nov 24, 2024
Saving vs. Investing: What’s the Difference?
The estimated reading time for this post is 173 seconds When managing your finances, two terms often pop up: saving and investing. But what’s the difference,...
By Article Posted by Staff Contributor
American Middle Class / Nov 15, 2024
Exploring the Financial Challenges of the Unbanked: Insights from the FDIC’s 2023 Survey
The estimated reading time for this post is 266 seconds Introduction In 2023, about 4.2% of U.S. households—equivalent to approximately 5.6 million families—remained unbanked. Despite years...
By FMC Editorial Team
American Middle Class / Nov 09, 2024
Should You Rent vs Buy a Home? How to Decide.
The estimated reading time for this post is 327 seconds The question of whether to rent or buy a home has been overanalyzed by just about...
By MacKenzy Pierre
American Middle Class / Nov 05, 2024
Creating an Emergency Fund: Why Everyone Needs One and How to Build It Quickly
The estimated reading time for this post is 331 seconds Introduction: The Safety Net You Can’t Afford to Ignore Life is full of unexpected events—whether it’s...
By Article Posted by Staff Contributor
Latest Reviews
American Middle Class / Mar 17, 2025
Financial Nihilism: How Millennials and Gen Z Are Betting Against Economic Reality
The estimated reading time for this post is 181 seconds A few days ago, I...
American Middle Class / Nov 24, 2024
Saving vs. Investing: What’s the Difference?
The estimated reading time for this post is 173 seconds When managing your finances, two...
American Middle Class / Nov 15, 2024
Exploring the Financial Challenges of the Unbanked: Insights from the FDIC’s 2023 Survey
The estimated reading time for this post is 266 seconds Introduction In 2023, about 4.2%...