I was planning to donate the couple bucks I had left over from the year to the charity called “San Diego Zoo Wildlife Alliance”, I was doing a background check on CharityNavigator and they gave the charity full ratings so it seemed good.
Then I stumbled upon the salary section. What the fuck? I earn <20k a year and was planning to contribute to someone’s million dollar salary? WHAT.
If an exec can work two places and one pays an exorbitant amount but the other is a good cause, it would be altruistic to go to the good cause. If in the same situation the two places pay the same, I’m not sure it’s greed if you don’t give some back. The problem is that c suite folks in general are chronically overpaid. So the argument is that people who are very competent but don’t care about a cause should… take less money on principle I guess?
I mean sure I agree it seems ridiculous for charities to pay 8 figure salaries, but from a micro economics standpoint it doesn’t really make sense to walk away from an 8 figure salary to work for a charity either. Maybe it makes sense if you are already retired or it is your life passion, but that pool of people may be pretty small and maybe not hugely competitive.
Competent people who don’t care about the cause shouldnt take the job at all. People earning 8 figures shouldnt expect to make the same at a charity. Greed and altruism are values or qualities a person can possess and I dont think they can exist in the same person.
The United Health CEO thought he was altruistic, his family does as well. Its pretty clear the vast majority of people see greed there, not altruism.
Greedy people simply shouldnt be in charge of helping people.
I don’t think anyone is deluded enough to think for-profit insurance does anything altruistic. There is comparison at all between UHC and a charity.
In a purely ideological way I see and understand what you’re saying. In practice what I read from your message is “Charities should pay less and take who they can get”. Maybe there’s a competent altruist, and then maybe charities and nonprofits that don’t get competent staff at a “charity appropriate salary point” can just… dissolve or something? And they should do that whether they have the money to pay more or not, because charities paying more money is just flat distasteful.
Essentially you have it right, although I wouldnt say charities should dissolve as a rule. If there aren’t enough people to do the work with the right goal in mind though I dont think the answer is to pay more and get capitalists in the door.
I have a strong aversion to greed minded people in general though so I’m very biased here.