No Such Thing as a Free Gift: The Gates Foundation and the Price of Philanthropy
Linsey McGoey
Top 10 Best Quotes
“that ‘the rich should be trusted to tithe, or should we have a society with a basic taxing-and-spending structure that ensures a modicum of economic security for all people?”
“reality, a businesslike approach to charity has been dominant within large-scale organized philanthropy for at least 120 years, ever since industrialists such as Carnegie and Rockefeller vowed to apply business techniques to the realm of philanthropy.”
“question is whether the practices associated with the new philanthropy – tighter control of grantee decision-making; a demand for swifter indicators of project success – might be stifling ingenuity and progress rather than engendering it.”
“private philanthropy is no substitution for hard-fought battles over labour laws and social security, in part because philanthropy can be retracted on a whim, while elected officials, at least in theory, have citizens to answer to.”
“gimmicks. A closer look at the online school movement illustrates how tax dollars and philanthropic donations are being used to fuel huge windfalls in the private sector.”
“What’s novel today is the outspoken way that powerful donors admit and even champion the fact that gift-giving is a useful vehicle for preserving privilege, something that distinguishes them from earlier donors.”
“What to make of the fact that growing philanthropy and growing inequality seem to go hand in hand? Does philanthropy actually make the rich richer and the poor poorer?”
“This, fundamentally, is philanthrocapitalism in action: introducing policies that help concentrate wealth in the upper echelons of society in the hope that the wealthy will donate to the financially strapped rest.”
“The idea that we should augment the wealth of the richest 1 per cent so they have more to spend on charity is trickle-down theory in its baldest form.”
“Study after study has proven than only a small percentage of charitable donations from wealthy donors reach poor individuals. Most of it tends to go to alma maters or cultural institutions frequented by the wealthy.”
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Book Keywords:
government, philanthropy, philanthrocapitalism































