Welcome to the second open thread on the Effective Altruism Forum. This is our place to discuss relevant topics that have not appeared in recent posts. Thanks to an upgrade by Trike Apps, each time you visit the open thread, new comments will now be highlighted!
There was a great thread in the facebook group on whether people making a modest wage (around or below $30k/yr in US terms) should be donating to effective charities or saving money. I'd like to weigh in on this but that thread is already pretty crowded and unstructured.
The proposition here is "People with average or below average income should save money rather than donate to effective charities"
One thing that it looks like almost nobody mentioned is the opportunity cost of worrying about other people over yourself and how this corresponds to effective altruistic output. It seemed from facebook that most EA's were against the proposition, claiming that most people in the developed world are still far better off than X% of the global population and therefore they should still be donating some percentage of their wealth. I believe there is a strong case to be made that focusing on optimizing one's own career capital, not just making smart personal finance decisions, will enable one to earn substantially higher income in the future and thus be a more "E" EA. Any intellectual power devoted to understanding the EA argument (doing the relevant research, picking an EA organization or EA-organization-recommended charity to donate to, and "stretching your EA muscles" by donating a small amount over a regular period of time) is a small investment in terms of money but a large investment in terms of intellectual capital that I think dedicated EA's tend to discount because they have already invested this capital. This is a CFAR-esque argument that advocates focusing on personal development and improvement until one is at a level to reasonably maximize one's own output both in terms of income and effectiveness of donations.
I am still uncertain about my position in this debate, but it seemed that most EA's (at least on facebook) were strongly against the proposition so I would like to see more discussion taking the above points into consideration.
Yeah, this is a problem in gauging the majority opinions of effective altruists on anything. The best assessment of that for real will come out with the results of the 2014 effective altruism survey, which are being processed now. Even still, though, issues like this are still too new, specific, and narrow within effective altruism for a reliable record of consensus to be known. The issue is that the people who post, or comment, regularly in the Facebook group select themselves to be people who have fun discussing conundr... (read more)