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Old 10-7-2007, 03:14 PM   #38
lord_carbo
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Default Re: my views on how the american goverment traps lower class citizens.

Quote:
Originally Posted by Cavernio View Post
But lets say everyone who donated (so practically everyone) knew that 90% of the funds were actually towards cancer, and they knew how much money all the other organizations wanted afterwards, and knew the proposed projects and current ones, and people were given a chance to change where their money could go. You'd eventually get a good distribution of the funds across the areas that people thought would be best. However, in practice, that'd be impossible. Not everyone 1) would be able to know everything and 2) would be able to put that much time and effort into determining what exactly they should put their money into, because it depends on what everyone else puts their money into!
Econ 101?!

"You'd eventually get a good distribution of the funds across the areas that people thought would be best." ... that happens no matter what. It's called self-interest.
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