Tomer: thank you for reading and the thoughtful response!
I agree with you and ColdButtonIssues that luxury goods, allowing for virtue signaling that could warrant the toleration of higher costs and thus higher margins. However, especially if we’re talking about a long-term in which the general public is familiar with GC, it is unclear why popular profit destinations would not be used to compete in other consumer sectors. The structural advantage conferred by popular ownership is not offset by a corresponding disadvantage, and thus, where there is a meeting of the philanthropic will to create companies that serve causes and a consumer society that prefers the designated cause over a nameless shareholder GCs should tend to dominate. As I had stated in my paper, I anticipate that this advantage would be especially decisive in areas of few dimensions of product differentiation. I would be interested in thoughts as to what I might be missing in this analysis.
I’d take you up on that offer regarding the books. It sounds like they have some insights I could definitely use.
I would say that I have do have a pretty strong belief in Guided Consumption, though my unwavering faith would regard that this phenomenon will eventually become dominant moreso than in my own ability to personally usher it in. Given an insufficiently exploited means of a structural advantage, one of these decades, someone will find a way to effectively use ownership identity to get an edge over the traditional firms. Virtually any charitable cause is more popular than the competition: nameless, rich shareholders. My hope is that the Effective Altruism community can have influence inwhich causes prevail come the advent of the age of consumer power, because they are very thoughtful regarding how to do the most good. In any case, even if there was a low probability of my success, given the magnitude of good that would accompany a successful effort, I will try to tame anything in me that urges me to stop.
Tomer: thank you for reading and the thoughtful response!
I agree with you and ColdButtonIssues that luxury goods, allowing for virtue signaling that could warrant the toleration of higher costs and thus higher margins. However, especially if we’re talking about a long-term in which the general public is familiar with GC, it is unclear why popular profit destinations would not be used to compete in other consumer sectors. The structural advantage conferred by popular ownership is not offset by a corresponding disadvantage, and thus, where there is a meeting of the philanthropic will to create companies that serve causes and a consumer society that prefers the designated cause over a nameless shareholder GCs should tend to dominate. As I had stated in my paper, I anticipate that this advantage would be especially decisive in areas of few dimensions of product differentiation. I would be interested in thoughts as to what I might be missing in this analysis.
I’d take you up on that offer regarding the books. It sounds like they have some insights I could definitely use.
I would say that I have do have a pretty strong belief in Guided Consumption, though my unwavering faith would regard that this phenomenon will eventually become dominant moreso than in my own ability to personally usher it in. Given an insufficiently exploited means of a structural advantage, one of these decades, someone will find a way to effectively use ownership identity to get an edge over the traditional firms. Virtually any charitable cause is more popular than the competition: nameless, rich shareholders. My hope is that the Effective Altruism community can have influence inwhich causes prevail come the advent of the age of consumer power, because they are very thoughtful regarding how to do the most good. In any case, even if there was a low probability of my success, given the magnitude of good that would accompany a successful effort, I will try to tame anything in me that urges me to stop.