I agree. I think the criticism of EA's most notorious supporters is warranted, but it's criticism of those notorious supporters and the people around them, not the core concept of EA itself.
The core notions as you state them are entirely a good idea. But the good you do with part of your money does not absolve you for the bad things you do with the rest, or the bad things you did to get rich in the first place.
Mind you, that's how the rich have always used philanthropy; Andrew Carnegie is now known for his philanthropy, but in life we was a brutal industrialist responsible for oppressive working conditions, strike breaking, and deaths.
Is that really effective altruism? I don't think so. How you make your money matters too. Not just how you spend it.
The core notions as you state them are entirely a good idea. But the good you do with part of your money does not absolve you for the bad things you do with the rest, or the bad things you did to get rich in the first place.
Mind you, that's how the rich have always used philanthropy; Andrew Carnegie is now known for his philanthropy, but in life we was a brutal industrialist responsible for oppressive working conditions, strike breaking, and deaths.
Is that really effective altruism? I don't think so. How you make your money matters too. Not just how you spend it.