Minor point that isn’t engaging with the substance of your post, which I basically agree with the main point, but a negative externality here is that fundraising is often annoying. There is adverse selection where organizations that fundraise are often corrupt (see: Wikipedia) and ineffective. If an org is fundraising, it makes me think implicitly, “Why do you need my money? What has caused you to have this scarcity? Are you ineffective and have been passed over?” Personally I’d prefer moving past the social technology of donations and move more towards impact market-like mechanisms.
Minor point that isn’t engaging with the substance of your post, which I basically agree with the main point, but a negative externality here is that fundraising is often annoying. There is adverse selection where organizations that fundraise are often corrupt (see: Wikipedia) and ineffective. If an org is fundraising, it makes me think implicitly, “Why do you need my money? What has caused you to have this scarcity? Are you ineffective and have been passed over?” Personally I’d prefer moving past the social technology of donations and move more towards impact market-like mechanisms.