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
Tags » Philanthrocapitalism
An interesting extract from The Frontman: Bono (In the Name of Power), by Harry Browne, loc 2967:
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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.
From No Such Thing as a Free Gift, by Linsey McGoey, Loc 492:
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The William J. Clinton Foundation dispensed money to numerous causes, with a focus on global health and economic development.
At the 2017 AALS annual meeting (San Francisco, Jan. 3-17, 2017), the Section on Agency, Partnerships LLCs, and Unincorporated Associations and the Section on Nonprofit and Philanthropy Law are co-hosting a a joint program entitled “LLCs, New Charitable Forms, and and the Rise of Philanthrocapitalism.” The session will look at the tax, governance, and other policy implications of using for-profit LLCs as vehicles for philanthropy. 334 more words