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I think the profit motive thing is stupid. It only matters if the organization itself is a volunteer organization. For example, if an organization is being run
by anon291 3y ago
I think the profit motive thing is stupid. It only matters if the organization itself is a volunteer organization. For example, if an organization is being run by nuns, I agree that profit doesn't matter because nuns aren't allowed to own any assets or have an income (by their own profession of course). However, in a 'normal' non-profit organization, the various stakeholders (employees, grant recipients, etc) actually have a huge profit motive.
To me it doesn't matter if a CEO is working to get money for investors or to pad his own pockets. at the end of the day, the incentives are the same.
So, no, I don't think this matters at all. While true that universities do have space for non-commercial work (which is usually funded by outside parties like the NSF or corporations anyway), the university leadership have a huge profit-motive to get more students (via attracting to professors) to pad their own pockets.
In some ways, the non-profit sector is even more self-serving than the private one. At least private companies have to seek the best for their investors, while many non-profits simply seek the best for the CEO.
- d0gsg0w00f 3y agoThis hyper focus on CEOs is fascinating to me. Everyone acts like CEOs are dictators that enslave their people. It's likely the other way around and we have to pay them so much because nobody would do the job otherwise. Managing an organization of any complexity is like herding cats. It's got a life of its own and you're at the top just leaning on the helm trying to steer the ship 2° starboard. Any large group is going to form into a hierarchy naturally. The senior leadership at any large organization are ridiculously talented individuals at the tops of their classes. Half the reason the top jobs pays more is to signal the hierarchy.
- anon291 3y agoI have nothing against ceos. More power to them. I have an issue claiming that a well paid CEO at a non profit is not motivated by his own potential profit.