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No Such Thing As a Free Gift : The Gates Foundation and the Price of Philanthropy (Hardcover) (Linsey

No Such Thing As a Free Gift : The Gates Foundation and the Price of Philanthropy (Hardcover) (Linsey - image 1 of 1
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"Philanthro-capitalism: How charity became big business The charitable sector is one of the fastest-growing industries in the global economy. Nearly half of the more than 85,000 private foundations in the United States have come into being since the year 2000. Just under 5,000 more were established in 2011 alone. This deluge of philanthropy has helped create a world where billionaires wield more power over education policy, global agriculture, and global health than ever before. Charities link the farmers in Africa to the boardrooms of corporate foundations and the corridors of the World Economic Forum at Davos. Far from being selfless, plutocratic philanthropy may be the ultimate profit-making tool. In No Such Thing as a Free Gift, author and academic Linsey McGoey puts this new golden age of philanthropy under the microscope--paying particular attention to the Bill and Melinda Gates Foundation. As large charitable organizations replace governments as the providers of social welfare, their largesse becomes suspect. The businesses fronting the money often create the very economic instability and inequality the foundations are purported to solve. We are entering an age when the ideals of social justice are dependent on the strained rectitude and questionable generosity of the mega-rich"--
Nearly half of the 75,000 private foundations in the United States were created in the past ten years. About 5,000 more US philanthropic foundations are set up each year. The amount of money placed in philanthropic trusts helps to make the charitable sector one of the fastest growing industries in the global economy.

Linsey McGoey looks at this new golden age of philanthropy?in particular, the Bill and Melinda Gates Foundation?and asks: is this money doing much good? Large charitable organizations are replacing government as the providers of social welfare while their businesses often support economic instability and compound global inequalities. The new generation of mega-donors see that there is good business in charity and ignore the division between good deeds and profits. Are we losing the idea of social justice in the face of market-based philanthropy?
Number of Pages: 296.0
Genre: Social Science
Format: Hardcover
Publisher: Random House Inc
Author: Linsey Mcgoey
Language: English
Street Date: October 20, 2015
TCIN: 46767303
UPC: 9781784780838
Item Number (DPCI): 247-51-7963

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