Philanthropy is the market for love, the market for whom there is no market coming
Poverty remain stock at 12% in US for 40 years.
We have a rule book for the economic world. Investing half a million in malaria, you're considered a parasite yourself. This system of ethic has a powerful side effect, which is, it gives a stark, mutually exclusive choice between doing very well for your family or doing for the world. Lifelong economic sacrifice?
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It brings in dramatically sums of money to serve the needy.
Charitable giving remain stock at 2% of GDP in US since 1970s.
NGO does not dare to attempt a giant-scale new fundraising endeavors.
If you can't grow, you can't solve larger social problems. We are dealing with massive social problems, but we cannot generate any scale of NPOs.
1. Overhead is a part of the CAUSE.
2. We seem almost not to care if more money is going to those that need it, but care very deeply how much of our particular dollar did.
3. We are all inherently greedy. Some more, some less, some who mostly forego personal gain in order to help others-which is amazing but there aren't really enough of these type of people to implement huge change.
4. People need to be incentivized. If we want the most productive people running these organisations, then we should pay them something at least comparable to what the open market would. If these organisations end up being on a scale where they employ hundreds of people who go to work everyday to help people is that such a bad thing?
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