archive

The rise of philanthrocapitalism

From Gawker, it’s not charity if you want your name on it; and Hamilton Nolan on David Geffen, America’s worst philanthropist? From The Nation, why do super-rich activists mock their critics instead of listening to them? David Rieff on philanthrocapitalism, a self-love story. John Cassidy on Mark Zuckerberg and the rise of philanthrocapitalism. Chris Lehmann on Zuckerberg’s $45 billion hustle: Facebook mogul seizes Carnegie mantle for grandiosity, self-flattery and self-deception (and more). Jesse Eisinger on how Mark Zuckerberg’s altruism helps himself: Zuckerberg set up a limited liability company, which has reaped enormous benefits as public relations coup and will help minimize his tax bill. Why a German billionaire says that pledges like Mark Zuckerberg’s are really bad. Michael Massing on how the Gates Foundation reflects the good and the bad of “hacker philanthropy”. Maribel Morey reviews No Such Thing as a Free Gift: The Gates Foundation and the Price of Philanthropy by Linsey McGoey (and more).