Skip to main content

Posts

Showing posts from October, 2018

Philanthropy and Capitalism

Winners Take All by Amand Giridharadas takes the spotlight this week. The author succeeds in questioning our current crop of "robber barons" on why should they get to decide how to respond to major public policy issues facing our country rather than our elected officials on every governmental level. These modern day robber barons include Bill Gates, Warren Buffet and Bill Clinton.  The author demonstrates that the successful capitalists have it both ways - advocating for fewer taxes, resulting in immense profits, and then embracing their version of social change through philanthropy. Talk about inequality makes these philanthropists nervous; it's best to talk about enlarging opportunity.

These philanthropists do not discuss the concentration of wealth in a handful of families. "Much of the charity and social innovation and give-one-get-one marketing around us may not be reform measures so much as forms of conservative self-defense - measures that protect elites from…