I have been interested in how altruists can use the economy to do good for a while. It would be really great if we could have lawyers, realtors, life insurance sales people, etc. using a commitment to direct fresh and commissions to charities to get a competitive advantage in generating business.
I like your corporate skills bake sale idea… Why not just have professionals do the work they’re good at and explicitly donate the fees generated? This model is an example of what I call Guided Consumption. I know you commented on one of my more recent posts laying out Guided Consumption from the perspective of various agents, and thanks for helping me clarify a point in my formulas. I like this earlier one a bit better as an introduction if you hadn’t had a chance to read it yet.
As I can see you’re someone interested in using your economic insights toward altruistic ends, I’d really appreciate the opportunity to discuss the broader project of my nonprofit with you sometime. I think it would be well worth the time you direct towards it.
Why not just have professionals do the work they’re good at and explicitly donate the fees generated?
Essentially that’s what I was proposing but
making the donations direct/public to generate goodwill from “clients” and overcome their reluctance to pay for things/companies they might otherwise find a bit repugnant
Leveraging existing corporate pro bono initiatives and incentives
And for both of these points I see a benefit in focusing on “noncore” business. For 1, for the reasons above, and for 2, bc the employer/firm might be reluctant to have its regular income diverted to charity
I know you were proposing it… I was paraphrasing it with agreement .
Yeah, it’s a great idea to come up with ways in which business resources can be used to serve worthy ends consistently with traditional shareholder and stakeholder interests.
Of course, I’d rather go much further and just get equity in the hands of charities than have to do all the skating around nonaligned stakeholders. I think if the relevant counterparties are aware of this fact, in many contexts it will, at the very least, be worth the acquisition cost. In some contexts, it could be revolutionary.
Thanks David.
I have been interested in how altruists can use the economy to do good for a while. It would be really great if we could have lawyers, realtors, life insurance sales people, etc. using a commitment to direct fresh and commissions to charities to get a competitive advantage in generating business.
I like your corporate skills bake sale idea… Why not just have professionals do the work they’re good at and explicitly donate the fees generated? This model is an example of what I call Guided Consumption. I know you commented on one of my more recent posts laying out Guided Consumption from the perspective of various agents, and thanks for helping me clarify a point in my formulas. I like this earlier one a bit better as an introduction if you hadn’t had a chance to read it yet.
https://forum.effectivealtruism.org/posts/WMiGwDoqEyswaE6hN/making-trillions-for-effective-charities-through-the
As I can see you’re someone interested in using your economic insights toward altruistic ends, I’d really appreciate the opportunity to discuss the broader project of my nonprofit with you sometime. I think it would be well worth the time you direct towards it.
Brad@consumerpowerinitiative.org
Essentially that’s what I was proposing but
making the donations direct/public to generate goodwill from “clients” and overcome their reluctance to pay for things/companies they might otherwise find a bit repugnant
Leveraging existing corporate pro bono initiatives and incentives
And for both of these points I see a benefit in focusing on “noncore” business. For 1, for the reasons above, and for 2, bc the employer/firm might be reluctant to have its regular income diverted to charity
I know you were proposing it… I was paraphrasing it with agreement .
Yeah, it’s a great idea to come up with ways in which business resources can be used to serve worthy ends consistently with traditional shareholder and stakeholder interests.
Of course, I’d rather go much further and just get equity in the hands of charities than have to do all the skating around nonaligned stakeholders. I think if the relevant counterparties are aware of this fact, in many contexts it will, at the very least, be worth the acquisition cost. In some contexts, it could be revolutionary.