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No Such Thing as a Free Gift

The Gates Foundation and the Price of Philanthropy

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2 of 2 copies available
2 of 2 copies available
Philanthro-capitalism: How charity became big business
The charitable sector is one of the fastest-growing industries in the global economy. Nearly half of the more than 85,000 private foundations in the United States have come into being since the year 2000. Just under 5,000 more were established in 2011 alone. This deluge of philanthropy has helped create a world where billionaires wield more power over education policy, global agriculture, and global health than ever before.
In No Such Thing as a Free Gift, author and academic Linsey McGoey puts this new golden age of philanthropy under the microscope—paying particular attention to the Bill and Melinda Gates Foundation. As large charitable organizations replace governments as the providers of social welfare, their largesse becomes suspect. The businesses fronting the money often create the very economic instability and inequality the foundations are purported to solve. We are entering an age when the ideals of social justice are dependent on the strained rectitude and questionable generosity of the mega-rich.
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    • Publisher's Weekly

      August 31, 2015
      This debut from University of Essex lecturer McGoey is a scathing but overly one-sided indictment of contemporary global philanthropy, with the Bill and Melinda Gates Foundation as the primary target. McGoey claims that the charitable sector’s rapid growth is being driven more by greed, ego, and the pursuit of good PR than a commitment to lasting change. She devotes considerable time to tracing the roots of American philanthropy, evoking figures such as Andrew Carnegie and John D. Rockefeller, before launching a critique of the “international architecture of celebrities and policy-makers” that includes Bill Clinton and his Clinton Global Initiative as well as elite conferences such as TED, Davos, and Skoll. Turning to the Gates Foundation, she skewers their initiatives in education and health, concluding that philanthropy is “a mode of giving that is not imperiled by its own ineffectiveness” but instead “thrives upon it.” It is clear that McGoey has done considerable research on global philanthropy. However, her unwavering attack on the Gates Foundation and a generation of global philanthropists comes across as tedious, and she neglects to consider other perspectives. Despite the abundance of interesting information, the nonstop harsh negativity may lose the reader’s interest.

    • Kirkus

      August 15, 2015
      McGoey (Sociology/Univ. of Essex) probes the business motivations of contemporary philanthropic organizations. "One of the most acute ironies concerning the size of today's philanthropic foundations," writes the author, "is that the emergence of will-financed, politically powerful behemoths is rooted in a political philosophy that cautioned against using the centralized power of states to plan or develop economic growth." McGoey charges that philanthropy does not necessarily help the underserved and poor, and it often undermines taxation and preserves both wealth and inequality. The author exemplifies her argument by concentrating on Bill Gates and the Bill and Melinda Gates Foundation. Business and philanthropy have always been related, she insists; the giving of Andrew Carnegie and John Rockefeller was driven by a desire to counter hostile public opinion. The author takes up the question of "whether a self-interested action can ever be truly philanthropic," and she draws attention to "a new, pugnacious, explicitly commercial form of philanthropy." As the author notes, current charity law does not prevent philanthropists-and their organizations-from donating to for-profit private companies, as long as the "grant is used for solely charitable purposes." Gates, a hands-on leader, oversees donations and their effects, and in 2013, his organization became "the largest single donor" to the World Health Organization. This provides considerable political clout, and experts have questioned the effectiveness of his polio and HIV/AIDS programs abroad. In the U.S., his funds have gone largely to education, but when initiatives are deemed failures and shut down, recipients have little recourse. There is a public interest, as McGoey acknowledges, in both health and education, where accountability and continuity are primary concerns. Private initiative, tainted by corporate entanglement, often lacks accountability and can cause stability to be replaced by personal whims. The author stresses that much good has been accomplished, as well, but questions continue to accumulate. Picking up the cudgels wielded by Ida Tarbell and her fellow trustbusters, McGoey produces a startling report.

      COPYRIGHT(2015) Kirkus Reviews, ALL RIGHTS RESERVED.

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