Just Giving
Why Philanthropy Is Failing Democracy and How It Can Do Better
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- 15,99 €
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- 15,99 €
Descrição da editora
The troubling ethics and politics of philanthropy
Is philanthropy, by its very nature, a threat to today’s democracy? Though we may laud wealthy individuals who give away their money for society’s benefit, Just Giving shows how such generosity not only isn’t the unassailable good we think it to be but might also undermine democratic values and set back aspirations of justice. Big philanthropy is often an exercise of power, the conversion of private assets into public influence. And it is a form of power that is largely unaccountable, often perpetual, and lavishly tax-advantaged. The affluent—and their foundations—reap vast benefits even as they influence policy without accountability. And small philanthropy, or ordinary charitable giving, can be problematic as well. Charity, it turns out, does surprisingly little to provide for those in need and sometimes worsens inequality.
These outcomes are shaped by the policies that define and structure philanthropy. When, how much, and to whom people give is influenced by laws governing everything from the creation of foundations and nonprofits to generous tax exemptions for donations of money and property. Rob Reich asks: What attitude and what policies should democracies have concerning individuals who give money away for public purposes? Philanthropy currently fails democracy in many ways, but Reich argues that it can be redeemed. Differentiating between individual philanthropy and private foundations, the aims of mass giving should be the decentralization of power in the production of public goods, such as the arts, education, and science. For foundations, the goal should be what Reich terms “discovery,” or long-time-horizon innovations that enhance democratic experimentalism. Philanthropy, when properly structured, can play a crucial role in supporting a strong liberal democracy.
Just Giving investigates the ethical and political dimensions of philanthropy and considers how giving might better support democratic values and promote justice.
PUBLISHERS WEEKLY
Surveying philanthropy from ancient Athens to the modern-day Rockefeller Foundation, and political philosophers from John Stuart Mill to John Rawls, Stanford political science professor Reich (Education, Justice, and Democracy) mounts a wide-ranging critique of charity and the government preferments that subsidize it. Far from an unalloyed good, he contends, charitable giving is often "an exercise of power and plutocratic voice that warrants democratic scrutiny." Charitable tax deductions subsidize the gifts of rich people more than those of ordinary people; most charitable giving doesn't go to the needy and doesn't reduce inequality (some of it, like parental donations to affluent public schools, worsens inequality); and giant philanthropic foundations impose the obsolete priorities of their long-deceased donors on society for centuries, "the dead hand extend from beyond the grave to strangle future generations." However, Reich points out, charities and foundations do have other virtues, such as pursuing idiosyncratic causes and long-term social-policy experiments that governments and markets don't explore. His reform agenda suggests tax credits instead of deductions, foundation life spans, and lots more pondering of what charities should do. Although his writing is rather dry and academic, Reich gives a lucid, thought-provoking analysis of the public impact of charity.