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The ultra-rich “philanthrocapitalist” class is undermining global democracy

From NYRB, Michael Massing on how to cover the one percent: “Digital technology offers journalists new ways to cover the world of money and power in America, and that’s especially true when it comes to philanthropy”. How to make a difference in 2016: Give your money, or at least your attention, to Mark Zuckerberg. Lila Corwin Berman on how Zuckerberg and Chan are us. Why Zuckerberg’s critics are wrong: James Surowiecki writes in defense of philanthrocapitalism. Justin Fox on why philanthropy should be controversial. Mark Karlin on the limits of trickle-down philanthropy. Why it’s time to say goodbye to “doing good and doing well”: Being simultaneously rich and radical is certainly seductive, but the conflicts that have animated history can’t be wished away. King for a day: Roland Nadler on what’s wrong with changing the world for the better.

Sarah Lazare on how the ultra-rich “philanthrocapitalist” class is undermining global democracy: As foundations and wealthy individuals funnel money into global development, what “solutions” are they pursuing? Anne Applebaum on why Mark Zuckerberg should spend $45 billion on undoing Facebook’s damage to democracies. Why philanthropy actually hurts rather than helps some of the world’s worst problems: George Joseph interviews Linsey McGoey, author of No Such Thing as a Free Gift: The Gates Foundation and the Price of Philanthropy.