What Is Philanthropy For?

Does charitable giving still matter but need to change?

Philanthropy, the use of private assets for public good, has been much criticised in recent years. Do elite philanthropists wield too much power? Is big-money philanthropy unaccountable and therefore anti-democratic? And what about so-called “tainted donations” and “dark money” funding pseudo-philanthropic political projects? The COVID-19 pandemic has amplified many of these criticisms, leading some to conclude that philanthropy needs ...