I'm sure the highly paid charity execs would say so. Trouble is, the charity space often suffers from a broken market feedback mechanism, where the people paying for the product are not the people consuming the product, and this can lead to a business structure that looks like a pure-play marketing machine hooked up to exec pockets with occasional leakage into a small amount of actual charity work.
"But the situation occurs in regular business too! Monopolies, oligopolies, etc happen when the market feedback mechanism breaks!"
Yeah, and we should go after those too. It's really astonishing the lengths to which people go to defend bad behavior.
For instance, the life line company (“help me I’ve fallen and can’t get up”) is (or was) organized as a non profit. They sold devices and services at a decent margin. Their excess revenues went back to employees in wages and perks. Executives and founders especially enjoyed extravagant life styles.
"But the situation occurs in regular business too! Monopolies, oligopolies, etc happen when the market feedback mechanism breaks!"
Yeah, and we should go after those too. It's really astonishing the lengths to which people go to defend bad behavior.