https://www.givingwhatwecan.org
I really recommend focusing on cost-effectiveness when you give, however much or however little you give. See GiveWell for amazing research!
Should we give up not working at weekends because it's a "non-religious sabbath"?
10% is a nice round figure. It's small enough that many people can afford to give up that fraction of their income without getting into money trouble. It's large enough that many people will be doing a really substantial amount of good to the world if they give that much of their income to well-chosen charities. And, yes, it happens that some religions have used the same figure, which probably helps "give 10% of your income" seem like a reasonable thing to suggest.
Is there anything bad about any of that? If there is, I don't see it.
I don't claim that there's anything optimal about giving 10% of your income. But I don't see any reason to sneer at people for doing it, either.
Doesn't it? What else motivates things like progressive taxation?
Please, do not start believing you will be making a difference through charity.
I observed rich people in the past that out of some half-conscious guilt started thinking they need to give back in some way. But they don't want to be inconvenienced by doing it personally or by evaluating which people deserve a donation or have an important material problem solved, by themselves. They prefer to unload their guilt -- or the need to feel good about themselves -- through a 3rd party. Basically, buying goodwill and good conscience with money.
That's not giving back.
I have known several rich people and they go through a very similar process. It's very saddening to observe.
If you want to make a difference with money -- go out there. Physically! Meet people with less. Talk to them. Ask them what is the hardest thing in their lives at the moment. Ask them what's a regular concern for them. Do that 100 times, or 500 times. Understand their struggle. Many would just squander the money in a week, even if you gave them a bag of it. Try and aim your efforts and money where it will truly count.
It's not an easy thing to do. But it's a worthy cause to pursue, much more worthy that a random charity.
Apologies for off-topic.
IMO, what you're saying is akin to saying: Criminals on the streets? Why pay to hire more cops when you can physically go out on the streets and BE the cop?
You are also very generously assuming that charities actually do what they are supposed to. Here in Eastern Europe where I live this has been proven to be false, many times. Are you convinced it's better where you live?
Granted this is anecdotal evidence but my overlook on a number of average people flaws -- and I am including myself in this group, I am not pretending like I am on some sort of a moral high ground, mind you -- indicates that most people are not... ready to receive money, if that's even the right word.
It's more or less "OMG money money money!!!!" out of them and they just mess up.
But truthfully, and this is not sarcasm, I'd love to be proven wrong.
It makes no sense to me why the CEO and higher ups of the company I work at still work there. They are already set for life many times over. I can only speculate that they share a character flaw that they all see as virtuous. However it isn't--they are impeding someone's chance to "make it" in life, especially the older executives who could have stepped aside a decade ago or more. Even if you just look at the absurd salaries, it doesn't paint a pleasant portrait of greed in America.
There is a great absurdity to life in America. We basically work for the appearance of something that ends up being eaten away to a large degree. Taxes and inflation keep the goalposts moving away but we don't rebel because it's a magic trick and who doesn't like magic?
I don't work because I enjoy it but because it is a means to an end that is a better formula than some other arrangement. I would happily volunteer my time, travel, read, or simply do nothing if I could.
My theory is that they simply like their work and get satisfaction from it. They get paid a lot but they also work a lot and I can’t imagine anybody doing this to themselves if they didn’t genuinely like it.
The work argument is bullshit too. I'm convinced with a few months of hands on training, any passionate and competant person can do the job of a CEO. It is really a job that lacks any qualifications beyond managing a small network of people. CEOs don't work 100x as hard as someone working full time and a second job to make 1% a CEOs pay.
I think most CEOs - used to working extra hours/hard have the least idea what they would do after they retire.
[0]: https://en.m.wikipedia.org/wiki/Psychopathy_in_the_workplace
I expect a large number of middle/upper-middle class people would already be made for life if they just moved to a low cost area/country and simplified their lifestyle.
But we carry on because we want more.
This is a great insight which unfortunately doesn't get much attention in the inequality debate. I'm now rich enough to be in the top 0.5% of the world. The marginal utility/value of money is so low for me that I've begun valuing my time and optimizing for it.
I, however, do think about it once in a while. I could give away a non-trivial amount of money without getting materially impacted. The same money though will make a massive difference to someone below or around the poverty line. E.g., sponsoring a student, helping a business loan, etc., The capital that's getting accumulated in the richest top 1% people is such a massive waste that could help a huge portion of humanity.
Purely from a utilization (of money), perspective inequality is a suboptimal state, a massive one at that.