[paulbaumgart]

There are two types of altruism:

1. The desire to perform win-win, wealth-creating transactions.

2. The desire to redistribute wealth from yourself to people who ascribe greater utility to that wealth.

I think what you're objecting to is Type 1 Altruists pretending to be Type 2 Altruists. Although I can't fault you for that, keep in mind that both types of altruism are utility-promoting, and that you can't have Type 2 without Type 1. :)

[001sky]

Type (1) 'altruism' has various flavours.

Two oligarchs colluding is one.

Selling out to olligarchs may be another.

Both of these seem to be increasing "perceptions"

Of Silicon Valley's ~morality.

[paulbaumgart]

Yeah, "win-win" does not imply "wealth-creating". Negative externalities can cancel out the wealth creation or even push it into the negative. However, a lot of people who talk about wanting to "change the world" do genuinely want to make the world wealthier.