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MANIFOLD
Which path in life is better for society.
41
resolved May 29
Being an asset-backed security derivatives trader that earns 3 times as much and donates all the surplus over the pediatrician's wage to charity.
Being a good pediatrician.

Let's say the pediatrician is working:
- in a first world country
- under a universal health care system in a public sector
- in a city over 100k inhabitants

And the ABS derivatives trader picks the charity with his due diligence and according to his views and noble goals of improving society somewhat (does what you would do in that situation).

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GiveWell lists several charities that are estimated to save 1 life / $5000

https://www.givewell.org/charities/top-charities

80,000 Hours estimates becoming a doctor in the US will save about 4 lives over a career

https://80000hours.org/articles/how-many-lives-does-a-doctor-save-part-3/

@robm but what about the negative impacts of a well paying job like a ABS derivative trader (for example higher mortgages on average, and bigger burden on the cost of living) or a charities backfiring and derailing their status goals to give into the higher-paying donors (if 1 dollar is 1 vote in the "vote with the money" system, the richer charities will have motives to carter to bigger donors, especially in US where philantrophic foundations can hold financial assets).

Where does the pediatrician work ?

@Mich I should have thought about that part of a question a bit more, there are fundamental differences between pediatricians even between the 1rst world countries. I was thinking here about one in a:
- first world country
- working under a universal health care system in a public sector
- working in a city over 100k inhabitants

(I will add that to the description)

Which charity does the trader donate to ?

@Mich One aligning with his views and goals and after a careful deliberation and doing his due dilligence ;). It can be very different for different people and that's a part of the questions idea, let's say it would be a charity you would donate to in that position.