During the year’s busiest season of charitable giving, donors may wonder whether the nonprofits they are considering donating to are going to be good stewards of their money.
Our Nonprofit Explorer can help you look into that: https://www.propublica.org/article/propublica-nonprofit-explorer-audits-financial-health-tools?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
"Today, only 3% of bank activity consists of "lending to firms and individuals engaged in the production of goods and services."
The other 97% of finance is gambling."
good @pluralistic short piece on the social uselessness of #finance, quoting a recent books review by John Lanchester (link below).
https://pluralistic.net/2025/12/18/self-licking-ice-cream-cone/
https://www.lrb.co.uk/the-paper/v46/n17/john-lanchester/for-every-winner-a-loser
"Today, only 3% of bank activity consists of "lending to firms and individuals engaged in the production of goods and services."
The other 97% of finance is gambling."
good @pluralistic short piece on the social uselessness of #finance, quoting a recent books review by John Lanchester (link below).
https://pluralistic.net/2025/12/18/self-licking-ice-cream-cone/
https://www.lrb.co.uk/the-paper/v46/n17/john-lanchester/for-every-winner-a-loser
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