On Philanthrocapitalism – Part Four

The fact that I have to go to a fourth 2,000-word blog post in order to analyse the failings of Philanthrocapitalism and my displeasure at its argument says something in itself.

Most of the books that I read and find myself disagreeing with would not merit an 8,000 word essay, but such is the intensity and attempted persuasive power of Philanthrocapitalism that it is necessary to deconstruct just how far off the mark it is. The entire “the rich can save the world” theory is at best misleading, and at worst an outright lie. Now that we are on to the fourth blog post on the topic, I hope that you are beginning to see this.

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On Philanthrocapitalism – Part Three

To continue with our analysis of Philanthrocapitalism we will return to the book, and a character who appears more than a few times throughout its pages.

Bill Gates compares his Foundation and his charitable endeavours to government and big business. He structures it in such a way that it mimics that of governmental agencies, and such is his dedication that he now works for the Foundation in a full time capacity. However, he believes that his Foundation is not big enough to solve certain issues, malaria being one that he mentions.

Quite rightly he recognises that The Bill and Melinda Gates Foundation alone cannot solve all of the world’s problems, and he realises that in order to tackle such global issues one would need global organisations and cooperation. Curiously though he does not recognise, or at least admit, that such organisations already exist. The United Nations (UN) has existed since 1945, UNICEF since 1946, and the International Red Cross with its 97 million volunteers since 1885. If such organisations are to be the ones that help tackle global issues would it not be better if Gates gave his time, money, and support to them instead of establishing his own Foundation. A Foundation, which even by his own admission, has its limitations.

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Capitalism’s Curtain Call

There seems to be an elephant in the room when we are discussing the issue of classism. This elephant is so large, and so huge, that the overwhelming majority of us believe that it is actually partaking in the discussion. That it is a member of the debate, and so we pay little attention to it. I feel it is about time that this elephant was confronted.

The elephant of which I speak, is that of capitalism. The system that seems to control our lives, where stocks rise and fall, prices fluctuate and economic growth is the measure of a flourishing society. Capitalism is where products are designed, marketed and sold to generate income and create profit.

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