Tags » Philanthrocapitalism

When crisis for many means opportunity for some: Private profit and the education of Syrian refugees

By Fred van Leeuwen, General Secretary, Education International

The war in Syria has been on the front pages of newspapers for six years now. We have witnessed the plight of those who flee, the long winters in refugee camp tents. 639 more words


Building Private Sector Partnerships in 2017: Five things to know

The U.S. has always provided significant leadership for how the world works together to transform issues of disease, poverty, disaster and pursue balanced economic progress.   On both sides of the political divide, Presidents have left their mark. 576 more words


Philanthrocapitalism: the future of 'doing development'?

We know about philanthropy, where very rich people give away vast amounts of money for social good, and we also know about capitalism; defined by The Dictionary of Human Geography as “a historically specific form of economic and social organization […] a class system, that labour and capital were central to its operations, and that capitalism as a system was expansive, dynamic and unstable.” But what exactly is philanthrocapitalism? 777 more words

The (American) dreams of defensive elites

An interesting extract from The Frontman: Bono (In the Name of Power), by Harry Browne, loc 2967:

What is intriguing about Bono’s rhapsody is the part of the history lesson that really excited him: not democracy, but the ability of a group of rich men to bring about dramatic change, and to do so in the name of a ringingly good idea.

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Defensive Elites

The Janus-faced ideology of philanthropic elites

A fascinating observation in No Such Thing as a Free Gift, by Linsey McGoey, loc 785. I wonder if the digital elites who interest me see their wealth in similar terms? 54 more words


Philanthrocapitalism as an assembly device for elites 

From No Such Thing as a Free Gift, by Linsey McGoey, Loc 492:

The William J. Clinton Foundation dispensed money to numerous causes, with a focus on global health and economic development.

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Defensive Elites

The growth of elite philanthropy 

I had no idea how rapidly this was growing. From No Such Thing as a Free Gift, by Linsey McGoey, loc 282:

Nearly half of the 85,000 private foundations in the United States alone were created in the past fifteen years.

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Defensive Elites