Being still a student, and only saving for the future from whatever part time work earnings I have, I have never donated to many of the niche websites I visit.
I am now thinking, however, that on the day I get my first big paycheck, it will take a lot for me to overcome the strong compulsion to donate a large part of it.
LewRockwell.Com, AntiWar.Com, CounterPunch.Org, and ChroniclesMagazine.Org are just some of those websites. At least three of them are in bad financial situation and need donor funding. Recently, I found out that of the four websites, the latter has turned off comments permanently. The tiny staff does not have the time to monitor comments regularly, and their business loses $600,000 annually. I always knew it, but now I again remember that the only reason I was viewing the content was that a few generous donors were ensuring that privilege for the rest like me.
I don’t like being a free rider. I want to be a part of the solution, not the problem.
And that makes me come to economics. One would assume that the strong incentive to freeride for content means that freeriders will consume and waste away the generous service and the donors will slowly get more demotivated to continue donating. But I never entered into that equation to emotional letdown of being a freerider, of seeing yourself as an ungrateful person making use of a free service that you enjoy so much, and thus later causing that service to be ended.
And that makes me understand how donor-based activities still survive somehow.