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@ SatoshiHost
2025-02-26 11:01:54
To understand how it is that most corporate charity organizations waste a high proportion of the money they get, we first need to look at the different ways money is spent.
## Video: Milton Friedman: The Four Ways to Spend Money
<iframe id="odysee-iframe" style="width:100%; aspect-ratio:16 / 9;" src="https://odysee.com/$/embed/@RandomStuff:0/Milton-Friedman---The-Four-Ways-to-Spend-Money:6?r=9cn37JvaLAtLK8z8NfZjsqm8ZNCaNuUy" allowfullscreen></iframe>
## Direct Charity
Back in the old days, people would naturally help each other out. Their local community was full of people they knew well, and people would run errands for each other, give food or clothing to anyone who was short, and generally look after each other. Any problems that were beyond the scope of individual assistance were taken care of by local groups, usually run by the churches. But most charity was personal.
If someone was in need of a new roof, others would either help to absolutely build it or would contribute financially to pay a roofer to fix it. Their direct involvement meant that they cared how much the roof was costing and that they also got the warm fuzzy feeling of having made a difference, making the world a better place for someone.
Gradually, as the world became more connected and people became more aware of what was going on in the rest of the world, those small, local organizations that took care of local problems began to take on wider issues, and slowly they grew into the multi-billion dollar aid industry we see today.
As the organizations grw, so did the waste and corruption. Until recently there was no choice; if you wanted to help out people somewhere else in the world, then the big organisations were pretty much the only game in town. Now we have the internet, and things are changing. We don't need them any more; all we need is a system to protect the senders from fraud and for the recipients to report their progress, along with a way for all participants to communicate freely, as we used to in the old charity works.
[https://directsponsor.org/](https://directsponsor.org/) - help to make that system happen.
[https://clickforcharity.net/](https://clickforcharity.net/)