Groups tend to cling to a mythology of oppression rather than acknowledging mistakes.
For-profit entities are more sustainable and ethical due to objective feedback from the market.
Deep dives
Groups never admit failure
Groups, unlike individuals, are reluctant to admit failure. Individuals may eventually be forced to admit failure, but groups tend to cling to a mythology of oppression rather than acknowledging mistakes. Large groups often experience schisms and in-fighting when faced with the need to change their beliefs or opinions. This pattern can also be observed in the cryptocurrency world, where coins fork rather than admitting shortcomings. The lack of objective feedback and loss in group dynamics allows for the misdirection of resources and the perpetuation of a false sense of success. In contrast, for-profit entities, while not immune to corruption, are more sustainable in the long term as they have to take feedback from reality and are not solely reliant on social profit.
The advantage of for-profit entities
For-profit entities have an advantage over non-profit entities in terms of sustainability and the ability to effect real change. While non-profit organizations may focus on social profit and avoid failure through subjective declarations of success, for-profit entities are driven by objective feedback from the market. By being both sustainable and ethical, for-profit businesses can attract the best talent, as their mission goes beyond just making money. While there may be diminishing returns and marginal utility in pursuing solely financial goals, a for-profit approach can lead to long-term positive impact and the ability to enact meaningful change in the world.