The problem with US charity is that it’s not effective enough
www.vox.com
The New York Times painted a misleading picture. Less than 0.2 percent of US charity is ruthlessly optimized.

Quotable quote from our very dear friends:

“Put differently: US philanthropy is still much, much, much more about rich guys like David Geffen slapping their names on concert halls than it is about donating to help people dying from malaria, or animals being tortured in factory farms, or preventing deaths from pandemics and out-of-control AI, to name a few EA-associated causes.”

Anyways, where does buying 20 million dollar castles/crypto fraud/rampant sexual exploitation/and shrimp welfare fit into all of this chief?

  • mountainriver@awful.systemsEnglish
    0·
    17 days ago

    Geffen succeeded with a gift of $100 million to Lincoln Center and — perhaps more importantly — Lincoln Center paid $15 million to Fisher’s descendants so they would not sue. What that means is that the most prominent cultural organization in New York City lit $15 million on fire so that Geffen’s name would be on a concert hall.

    No they did not lit them on fire, they payed of people.

    In order to lit money on fire you need to buy something - like servers, electricity - and then just waste it. For example by running crypto schemes.