Philanthrocapitalism: How Giving Can Save the World

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Overview

From Buffett to Bono, how today’s leading philanthropists are revolutionizing the field, using new methods to have a vastly greater impact on the world.

For philanthropists of the past, charity was often a matter of simply giving money away. For the philanthrocapitalists—the new generation of billionaires who are reshaping the way they give—it’s like business. Largely trained in the corporate world, these “social investors” are using big-business-style strategies and expecting ...

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Philanthrocapitalism: How Giving Can Save the World

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Overview

From Buffett to Bono, how today’s leading philanthropists are revolutionizing the field, using new methods to have a vastly greater impact on the world.

For philanthropists of the past, charity was often a matter of simply giving money away. For the philanthrocapitalists—the new generation of billionaires who are reshaping the way they give—it’s like business. Largely trained in the corporate world, these “social investors” are using big-business-style strategies and expecting results and accountability to match. Bill Gates, the world’s richest man, is leading the way: he has promised his entire fortune to finding a cure for the diseases that kill millions of children in the poorest countries in the world.

In Philanthrocapitalism, Matthew Bishop and Michael Green examine this new movement and its implications. Proceeding from interviews with some of the most powerful people on the planet—including Gates, Bill Clinton, Warren Buffett, Oprah Winfrey, and Bono, among others—they show how a web of wealthy, motivated donors has set out to change the world.

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Product Details

  • ISBN-13: 9781596916951
  • Publisher: Bloomsbury USA
  • Publication date: 11/10/2009
  • Edition description: Reprint
  • Pages: 320
  • Sales rank: 290,406
  • Product dimensions: 5.40 (w) x 8.20 (h) x 0.90 (d)

Meet the Author

Matthew Bishop is chief business writer of the Economist. Michael Green is an expert on the relationship between government and the nongovernmental sector, particularly in the field of international development. Bishop lives in London, Green in New York.

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Table of Contents

Foreword Bill Clinton vii

Preface ix

1 The Age of Philanthrocapitalism 1

2 Carnegie's Children 13

3 The Spirit of Philanthrocapitalism 30

4 Billanthropy 51

5 Investors for Good 75

6 The Vision Thing 98

7 Philanthropreneurship the eBay Way 116

8 Picassos, Genomes, and Ivory Towers 138

9 The Return of the Living Dead 151

10 The Good Company 172

11 Enter the Celanthropist 194

12 Virtue's Middlemen 214

13 We Are All Philanthrocapitalists Now 239

14 The Age of Plutocracy? 247

15 The Gospel of Wealth 2.0 267

Acknowledgments 287

Source Notes 289

Index 297

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