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An alternate thesis to Karl Marx: https://en.wikipedia.org/wiki/Impact_investing https://en.wikipedia.org/wiki/Impact_investing
by hammock 5y ago
An alternate thesis to Karl Marx:
https://en.wikipedia.org/wiki/Impact_investing https://en.wikipedia.org/wiki/Impact_investing
- PaulHoule 5y agoI like that better than charity. The profit motive motivates Boeing to make the 777, motivates Microsoft to make Windows, etc. In non-profits, frequently, money works its mischief unopposed, but the motive of "you can make a huge amount of money for yourself and your investors by satisfying a need" is a force for good.
- chaps 5y agoConsidering how little funding local journalism non-profits tend to have (even in big cities!), donating to a high-impact local journalist org is a great way to make a considerable impact to your communities.
- zozbot234 5y agoYes, if you have private knowledge of unfunded, high-impact opportunities, these can beat even the most efficient EA charities. Though the social benefit of improved local journalism is speculative, and best compared to the EA funding choices of the Open Philanthropy Project.