At a time when billionaires are being targeted by conspiracy theories, what is the actual power of philanthropic billionaires such as Soros in the Georgian Revolution in 2003, or Gates in the global health ecosystem?
Does philanthropy strengthen or undermine democracy and social justice? Acknowledging the scale and scope of the phenomenon in American society, a new book offers both normative and empirical insights into the question.
Linsey McGoey discusses philanthropic organizations such as the Gates Foundation and the Chan Zuckerberg Initiative. Addressing the problematic aspects of “philanthrocapitalism”, she draws attention to the growing lack of transparency and accountability of those foundations.
