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Joined 1 year ago
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Cake day: August 2nd, 2023

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  • Charity is about who benefits, not about who decides how to provide that benefit.

    The idea of choosing a charity based on the donor’s will of how it will get spent describes almost all types of charity. If someone donates to any charity at all, they have made a choice on how to allocate their resources and they just take it on faith that that’s the people who need it the most.

    Furthermore, any given dollar of his can only be spent once. The money he spent on himself enriches himself. It’s a considerable amount of money but it’s a tiny fraction of the money he controls. Any dollar he gives away can’t be spent to enrich himself.

    Finally, Buffet has donated over $57 billion. How is he supposed to distribute that? Fly a plane around the country and dump cash out the window? Send a huge check to the IRS? Give it all to your favorite charity? The obvious answer is that he sets up an organization that will analyze existing charities for need and effectiveness and then distributes his assets accordingly.


  • I’ve been thinking about this exact question recently.

    My Austrian grandmother and her sister were working class teenagers during the war. They couldn’t realistically have done anything to stop the Nazis. They didn’t really do much to help but since they were seamstresses they secretly snuck the Jewish family in the building some sewing supplies. It wasn’t much and they stopped when they were told that someone had reported them to the Gestapo. Their experience during the war was dodging bombs and trying to find something to eat.

    None of that matters. When I was a kid growing up in the US people regularly made Nazi jokes as soon as they found out about my heritage. Nobody was willing to entertain any ideas that maybe those civilians shouldn’t have been held accountable.

    History judged all of Germany and Austria harshly. It judged the civilians harshly and it judged their descendants harshly.

    https://news.un.org/en/story/2023/12/1144717
    The world is watching.




  • There’s an odd trend of labeling everyone with even the slightest advantage a, “nepo baby”.

    Nepotism is when you give friends or relatives special consideration for jobs or positions. As far as I know the only job Buffet ever had from a relative was working in his grandfather’s grocery store. The closets I could find for Elon Musk was that he started one of his companies with his brother.

    Elon’s father was an engineer. That certainly put him in a comfortable position, particularly as a white engineer in South Africa but it definitely doesn’t get you recognition from old money families. Buffet went to public school.

    They both had advantages growing up but if we expand nepotism to include people like that, it becomes a pretty meaningless term.









  • It’s hard to draw meaningful conclusions form a single 4 year period. There have been several instances of corruption (and significant externalized costs) in private firms that went on for much longer than 4 years.

    I agree that there is a lot of corruption in government but there’s a long gap between that and no accountability. We see various forms of government accountability on a regular basis; politicians lose elections, they get recalled, and they sometimes even get incarcerated. We also have multiple systems designed to allow any citizen to influence government.

    None of these systems and safeguards are anywhere close to perfect but it must be better than organizations that don’t even have these systems in the first place.


  • What makes governments any more susceptible to corruption than a private organization?

    I’m not actually talking about governments having absolute control. That’s a pretty extreme scenario to jump to from from the question of if it’s better for a private company or a government to control search.

    Right now we think Google is misusing that data. We can’t even get information on it without a leak. The government has a flawed FOIA system but Google has nothing of the sort. The only way we’re protected from corruption at Google (and historically speaking several other large private organization) is when the government steps in and stops them.

    Governments often handle corruption poorly but I can rattle of many cases where governments managed to reduce corruption on their own (ie without requiring a revolution). In many cases the source of that corruption was large private organizations.