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by vanderZwan 2668 days ago
Well, alright. But can replace the word "organisations" and "charity" with "corporations" and "company" and explain why this logic of scandals and corruption waiting to happen no longer holds? Because I sure can't.
1 comments

I also wouldn't advise donating money to corporations and companies. Corporations _are_ routinely plagued by financial scandals and corruption, but that is a problem for the owners, not the public. The harmed party is the shareholders, and to a substantial degree it is up to them to protect themselves.

A big difference that you might be looking for is that nobody is keen to give money to a company. People have (surprisingly effective) methods to find the cheapest producer. If the government is behaving appropriately this effect generally squeezes profit margins until they are uniform and thin. In theory. Practice is often close enough to theory to keep the system humming along.