The Anarchist Banker and the Acceptability of Effective Altruism
In his book The Anarchist Banker, the Portuguese poet and novelist Fernando Pessoa tells the story of an anarchist who also happens to be a banker. His old comrades are shocked by this apparent contradiction of normative beliefs and actions. But the anarchist justifies his unexpected choice of occupation by pointing out that anarchists can achieve none of their ideals if they don’t have the means to do so. Becoming a banker is, in fact, the best way to contribute to the anarchist cause! Or so, at least, is the banker’s argument.
At first, one may suspect that Pessoa’s anarchist banker is not honest. We could rightly infer from his choice of occupation that he has relinquished the ideals of his youth and that his anarchist talk is just that: mere talk. But another interpretation is possible: what if the anarchist banker is in fact honest? And what if his way of life is, in fact, the best way to contribute to anarchism, because the money he generates through his banking activities allows him to support the anarchist cause more effectively than most other anarchists? Isn’t he simply a sort of effective altruist? For, like effective altruists, he has considered the evidence and applied reason to work out the most effective ways to improve the world (i.e. by becoming a banker), though he may never have heard about act-utilitarianism.
(more…)
