eli_sennesh comments on Taking Effective Altruism Seriously - Less Wrong

2 Post author: Salemicus 07 June 2015 06:59AM

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Comment author: ChristianKl 07 June 2015 01:01:29PM 3 points [-]

Capital that goes unspent forever is a meaningless piece of paper, or eventually, just constitutes power over other people.

If I invest money into a startup and make a return of my investment I keep my capital but the investment isn't meaningless.

Comment author: [deleted] 07 June 2015 06:58:20PM 0 points [-]

That wasn't unspent. It was, somewhere down the line, manifested as actual commodities (ie: whatever the "startup" actually makes).

Comment author: ChristianKl 08 June 2015 11:58:43AM 1 point [-]

Harvard doesn't put his money in the mattress, they invest it. If you count invested money as spent, than they spend it.