The problem with philanthropy

By buying their way into academic, scientific and cultural institutions, the rich have quietly undermined democracy.

Charitable giving is one of the few things in the world that seems to be wholly good. Philanthropy, often characterised as private action for the public good, appears to earn the original meaning of the term: love of humanity. What could be a better example of virtue?

There’s no question that individuals giving to worthy causes provides important relief from states' failures to promote justice and wellbeing. Philanthropy can also provide key support to resistance movements. Yet...
source: New Statesman

2020-10-17 15:02
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