Philanthropy has a net benefit to the world if it can re-allocate labor, capital allocated to unproductive activities to activities which are perceived to impro

Philanthropy has a net benefit to the world if it can re-allocate labor, capital allocated to unproductive activities to activities which are perceived to improve the human experience. If the philanthropy is spent on re-allocating labor, capital allocated to existing productive activities (e.g. rice farming, bridge maintenance), to activities which are perceived to improve the human experience, there's a big chance it would cause harm to society instead.