Feels like a misunderstanding.
Charities (by which I understand non-profit organizations that are also not grifts) are by typically anticapitalist: by which I mean, not concerned with accumulating capital beyond the means necessary to operate and fulfill their charitable goals.
Therefore they’re not optimized to produce commodities or extract surplus value. Therefore they tend to be bad at capital-intensive industries. That’s not their competitive advantage.
On the gripping hand, a company is not going to be as successful at feeding the poor, providing legal defense to the destitute, or sheltering the homeless. There’s no profit in any of these categories (in a free market—companies are capable of exploiting government funding through bureaucratic capture, but I digress). A well-run charitable org can.
Author asserts a lot of inefficiency in charities broadly speaking, e.g.:
> Most charities are a quagmire of conflicted interests. In fact, many charities realized intent is opposing their stated intent.
What data is there that shows this, hmm? Feels like an ideology is showing.
philanthropy, provides a vector, attempting to direct a state of persistent improvement, avoiding the perpetuation of distress.
the adage of give a fish vs teach how to fish.
PaulHoule•3mo ago