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Does the Effective Altruism Movement Get Giving Right?
Open to Debate
Earning to Give: A Double-Edged Sword
The concept of 'earning to give' has generated significant debate, particularly in the context of effective altruism, as exemplified by the controversial case of Sam Bankman-Fried. While some individuals have successfully leveraged high earnings to fund charitable causes more effectively than if they had pursued nonprofit work, this approach is not without risks. Bankman-Fried's story illustrates the potential pitfalls when intentions to contribute positively collide with incompetence or mismanagement. His downfall highlights the precarious balance between financial success and ethical responsibility, ultimately questioning the reliability of 'earning to give' as a universal strategy for altruistic impact.
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