BanTheBastards
Joined 3 years ago
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Nov 22
Joined 3 years ago
Why do they do that? Seems ridiculous on the face of it. Nothing about 501(c)(3) entails providing any sort of good or service to society at large. In fact, the very same thing prevents them from competing with for-profit entities at providing any good or service to society at large. The only reason they exist at all is that for-profit companies are terrible at feeding, housing, and protecting their own labor force.
I think it's a smoke screen term to convince wealthy people they have humanity's best interest at heart—pretty trivially. I find it impossible to believe that anyone else believes this.