
942: Don't Start or Donate to a Not-For-Profit Organization (until you consider this...)
Radical Personal Finance
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The Importance of Understanding the System
The profit that was there for the egg entrepreneur is an indicator of success for him. But when you take the profit out and ship in eggs by an international not-for-profit, or in this case a church from the U.S., you destroy the local infrastructure completely unmeaningly. We wade into delicate, complex systems. What does the government do? The new welfare program, War on Poverty, sounds like a great idea. Let's go in and let's distribute money among people who don't have any. But what happens? Well, you destroy relationships. You destroy families. And you create welfare dependency," he says.
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