Jul

29

2013

The Charitable-Industrial Complex

  A Post from James V. Toscano In a provocative op-ed piece in Saturday’s New York Times. Peter Buffett, Warren Buffett’s son, takes on the present system of philanthropy with deep insight, passion and some outrage. Buffett focuses on the growing inequality in the society, with the consequent increase in philanthropy by the rich, and the corresponding rise in the number of nonprofits to help “solve” the problems created by the inequality. He points out: “As more lives and communities are destroyed by the system that creates vast amounts of wealth for the few, the more heroic it sounds to “give…

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