Articles by Rob Meiksins
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The Rich Will Not Save Us
Rob Meiksins | Nonprofit Quarterly – TRANSCEND Media Service,
3 Sep 2018
27 Aug 2018 – Philanthropic plutocracy is the use of donations from the ultra-wealthy to shift the overall allocation of resources in society. The philanthropy of today’s ultra-wealthy rests on a paradox of wanting to have a positive impact on society’s inequity but using money earned from businesses that take advantage of that very inequity to do so. Stiglitz argues that the rich will continue to use their wealth to maintain their power and that philanthropists are their enablers. Ultimately, it is up to civil society to intervene and build a more just and equitable economy if we want these patterns to change.
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