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> It’s only weird if you assume all corporations should be amoral money exchange systems where by money is exchanged for labor and capital which in turn is exch
by philwelch 4y ago
> It’s only weird if you assume all corporations should be amoral money exchange systems where by money is exchanged for labor and capital which in turn is exchanged for more money
What you’re missing is the final step in the chain, which is the part where profits are distributed to shareholders. If I’m one of those shareholders, I might very well take a large chunk of those dividends and donate the money to charity. But instead of paying me more of those dividends to donate to my preferred cause, the company’s management has decided that they should be the ones donating my money to their preferred cause.
Aside from that, it’s just a failure of specialization. Philanthropy is hard, making money is hard, and building a single organization that does a good job at either of them is even harder. I’d rather have corporations that focused on doing a really good job at whatever they did and non-profits that do whatever they do as efficiently as possible, rather than a corporation trying to do both.