Root Cause is excited to be partnering with Harvard's Center for Public Leadership to co-sponsor a lecture by Matthew Bishop, business editor for The Economist and author of the new book, "Philanthropcapitalism: How the Rich Can Save the World". In an op-ed last weekin the New York Times, Bishop emphasized that the "core strategy" of many philanthrocapitalists is to leverage government spending, which already dwarfs all private charitable giving from the rich and not-so-rich combined.
I wonder if the title, "How the Rich Can Save the World," would be chosen today, if the book were just now being published. I mean, the world needs saving, capitalism is not so spiffy as it was, and it would be good if the rich stepped up. But I gather the idea is to leverage the taxpayer one more time.
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