The Real Revolution: Getting Kindness on the Balance Sheet
We all agree the world is out of whack. We want progress, but we keep hitting this wall where systemic kindness just fails to take root. This isn't because people are fundamentally evil, It's because the whole system is wired wrong, it's a massive, unforgivable failure of accounting.

Right now, if a corporation causes maximum harm, to the planet, to people, to the future, that harm is an externality. A cost that we pay, valued at zero on their profit and loss statement. If the cheapest, fastest route to profit is tearing the world down, then the system is literally engineered for failure. This is why we're losing.

The Game-Changer: Mandatory Double Materiality (report on financial risks and societal/environmental impacts.)
To fix this profound, self-inflicted flaw, we have to make Double Materiality a non-negotiable legal and accounting mandate. No more optional ethics reports. This mechanism forces every major entity to report what is important enough to tell the world about, but using two equally weighted spotlights:
The Financial Lens (Risk to Them): The standard corporate paranoia, how environmental chaos and social instability might eventually hit the shareholders wallet. Boring, but necessary.

The Impact Lens (Risk Caused by Them): This is the kick in the teeth. They must report the actual, estimated dollar cost of the damage they inflict on the environment and society. The quantifiable cost of the pollution, the exploitation, the depleted resources.
The Net Social and Environmental Cost. You can't ignore an issue if it threatens your capital or if it threatens humanity. The entire incentive structure flips. Suddenly, the ethical  path, the one that minimizes external harm, becomes the only financially viable and efficient long term strategy. Harm is no longer a cheap externality; it's a massive, quantifiable red flag that scares away investment capital.
Kindness is the Highest leverage strategy. Full stop.

If this theoretical foundation that non maleficence is just the smartest, most efficient long-term move,  then we have to immediately rethink where we put our money and talent. It aligns perfectly with what Effective Altruism tries to do, but with a critical twist.
Most altruism chases the easy, measurable good, the "low-hanging fruit." But non-maleficence demands that for the highest impact, minimizing the maximum potential harm is key.

Think about the "3 AM Nightmare", that catastrophic, low-probability, high-magnitude risk like unaligned AI or a global biosecurity breach. Preventing that delivers the highest return on long-term global kindness. We commit a moral failure when we prioritize the easily quantifiable, immediate good over the terrifying risks that could wipe the slate clean. 

We need to wrench serious funding and serious talent away from the comfortable stuff and into mitigating these existential risks.
The need for Lateral Thinking Teams.
A powerful, single idea like this needs to be fireproofed. We can’t just hope it works. We should immediately allocate a dedicated, small pot of money, call it the "Try and Prove Us Wrong Fund" to pay ruthless, lateral thinkers, to aggressively try and find the flaws in the logic of Double Materiality and its claim to efficiency. This is how we ensure the foundation remains solid.

Immediate Questions for Discussion
If this theory actually holds up, two questions are screaming for immediate attention:

What specific jobs offer the highest leverage for a typical person who wants to help jam this Double Materiality mandate into global law and financial systems right now?

Can we design a simple, cheap, quantifiable experiment to prove that prioritizing "avoiding the worst" creates a more stable, scalable outcome than prioritizing "achieving the most good" in a small, closed system?

 

Disclaimer: This is a philosophical essay and a request for intellectual scrutiny only. The proposed "Try and Prove Us Wrong Fund" is a conceptual mechanism for fireproofing the idea's logic, not a call for fundraising or forming an organization.

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I really like this. I’ve been thinking it would be good to have a market that measures positive and negative externalities and includes those in prices of goods, but I noticed that a shortcoming of this was that it didn’t really directly address existential risk and I think tour suggestion is a really interesting way of trying to have that included. After all, x-risk seems like the most impact of all and just incentivizing the positive externalities from, say, AI, could actually have negative impact if it doesn’t account for this.

You just nailed the precise structural weakness in most altruistic and economic models.

 

The main principle of this idea is, to legally and financially mandate a system where ethical conduct is rewarded and harm is penalized, the external enforcement will, over time, rewire behavior. This effectively turns the choice of good from a moral struggle into a habitual preference. (Thats the theory)!

 

 

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