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  • 6 years ago
Philanthrocapitalism: who really benefits from the Philanthropy Industry? with Linsey McGoey

Philanthrocapitalism: who really benefits from the Philanthropy Industry? with Linsey McGoey

Large charitable organisations, such as the Bill and Melinda Gates Foundation, are currently rivalling governments as the providers of social welfare, yet the businesses which generate their charitable largesse frequently contribute to economic instability and compound global inequalities. There are 85,000 of these private foundations in the US, about 5,000 now established each year, and the distinction between profit making and benign activity is becoming increasingly blurred.

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