because they might do something useful with their money to assuage their consciences.
In practice the best case scenario is that they give it to inefficient charities. The worst scenario is that they support nice-sounding but very destructive political causes.
It is true that I implicitly assumed that people feeling guilty about possession of wealth and attempting to do good in order to assuage their guilt will do more good than harm in so attempting. I think this is a fair assumption, however.
In practice the best case scenario is that they give it to inefficient charities. The worst scenario is that they support nice-sounding but very destructive political causes.
It is true that I implicitly assumed that people feeling guilty about possession of wealth and attempting to do good in order to assuage their guilt will do more good than harm in so attempting. I think this is a fair assumption, however.