I think ETG basically advocates for a kind of central planning - replacing a large bureaucracy with a class donors who believe they have special knowledge about what would help the lives of others.
Wait, what? That's just not true. You can be very highly productive without exploiting anyone. Even if you happen to be in an industry where exploiting others is the status quo, you can do outsized amounts of good (rivaling the best outcomes of charity) by being even a bit less exploitive. Stated another way, social responsibility - even in profit-seeking enterprises - is quite compatible with EA.
That's what corporations are — large, complex machines under steady selective pressure to maximize efficiency and externalities. If you're lucky, they will go the efficiency route. But if it's easier, or they're already pretty efficient, they will tend to maximize negative externalities instead.
So guardrails are needed. Reasonable people disagree about where the guardrails should be. One thing that is hard to dispute, though, is that seeking profit, and continuing to focus your attention on increasing profit, will bias your thinking about where the guardrails should be.
I think a better argument is that earning to give emphasizes careers that produce the "most" value as measured by the market. But there are plenty of valuable careers that the market probably undervalues, like teaching.
EA was never recommending "Open up a sweat shop and violate as many labor practices as possible to maximize income", "become a successful drug dealer" or "market for tobacco companies"
It was "Go work at Google, in finance, high frequency trading, or become a corporate lawyer and donate a large portion of your income to the world." All jobs where the impact is close to neutral.
You may be helping plutocrats syphon resources and public funds away from developing countries.
You may be promoting the inequality of arms in access to justice, given that regulators and citizens cannot pay for the best legal advice, therefore enabling corporate regulatory capture over the long term.
Given the ubiquity of offshore vehicles in many international legal transactions, you may enable companies to evade contributing fairly to the countries in which they operate, thereby fuelling a decline in funding available for public services, and increasing the tax burden on wage-earning citizens.
And you may even have little awareness you are even doing these things because of the relative opacity and abstraction of the ownership of the corporate vehicles that make up your client base.
This is debatable. If they are renting out the houses this could reduce rents which would improve the lives of the poor who rent much more often than own. If they are sitting on them it's much more likely to be negative.
> You may be helping plutocrats syphon resources and public funds away from developing countries.
I'll give you that you shouldn't earn to give by working for Gaddafi. I think the vast majority of EA would agree.
The third rule at 80,000 hours the biggest proponent of earn to give is
3. Doesn’t cause harm
And their actual recommendations given are
Tech startup founder
Quantitative trading
Software engineering
Startup early employee
Data science
Management consulting
Marketing
Actuarial science
Executive search
Nursing
Allied health
I've had a long, albeit shallow, exposure to EA, and my model of altruism has roughly matched up with it for even longer. Most of the formulations of Earn-to-Give I've encountered don't fit your description here, of maximizing profit blindly, at any expense[1]. The formulation I'm familiar with is ceterus-paribus: choosing between two jobs as with much of EA, a gentle pushback against intuitive notion that you should privilege doing good with your own two hands over doing good with money. The exemplar here is not "sell meth to kids to buy mosquito nets", it's "be an accountant for a widget firm to donate enough to hire two Peace Corp workers instead of working directly as a PC worker".
For a more explicit but more recent example, 80k Hrs published, 5 years ago, an explicit rejection of what you're describing:
> We believe that in the vast majority of cases, it’s a mistake to pursue a career in which the direct effects of the work are seriously harmful, even if the overall benefits of that work seem greater than the harms.
https://80000hours.org/articles/harmful-career/
> ETG basically advocates for a kind of central planning - replacing a large bureaucracy with a class donors who believe they have special knowledge about what would help the lives of others.
Tangential, but I don't follow this. How does ETG give donors more control than working in an altruistic career, or than donors with a more traditional mindset?
This is completely untrue. Let's say you choose the rather extreme example of corporate executive who outsources jobs to Asia for purely selfish motivations. They are still undeniably injecting wealth to a poorer economy that otherwise would not have happened , and this wealth allows people purchase goods that dramatically increase their livelihoods like antibiotics, electricity, or cleaner burning stoves.
Even if you want to approach this from a "capitalism bad" angle, this still doesn't make sense. It's not like EA is a primary motivation of people wanting to work lucrative jobs. On the internet, you can see endless number of comments about wanting to work a FAANG job, and none of them have anything to do with EA.