The problem with billionaire philanthropy (which is what the term 'effective altruism' was intended to replace as part of a rebranding effort) is that it tends to be self-serving and opaque. E.g. we don't want secretive private 'do-gooder' foundations running global public health programs because they're always incentivized to deliver their funds to the private investment interests of the billionaires in charge, rath…
But aside from that:
> The better solution is to (1) increase tax rates on the wealthiest sectors of the economy by restoring 1960s-era tax brackets for income, corporate, and capital gains and (2) change how those funds are spent at the federal and state level, i.e. move away from funding foreign wars and towards fixing all the basic domestic problems.
Why are these mutually exclusive? Why can't I favour progressive taxation and better foreign / domestic policies, while also making donations to stop people dying of preventable diseases? Obviously EA people aren't all the same, but I'd say that was a fairly typical position among EAs, and I see nothing wrong with it.
If there is some slight way in which donating to malaria prevention as at odds with taxing the rich, is it really worth the large death toll associated with withdrawing funding from the former?