Philanthrocapitalism: How Giving Can Save the World
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...
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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.
Foreword Bill Clinton viiPreface ix1 The Age of Philanthrocapitalism 12 Carnegie's Children 133 The Spirit of Philanthrocapitalism 304 Billanthropy 515 Investors for Good 756 The Vision Thing 987 Philanthropreneurship the eBay Way 1168 Picassos, Genomes, and Ivory Towers 1389 The Return of the Living Dead 15110 The Good Company 17211 Enter the Celanthropist 19412 Virtue's Middlemen 21413 We Are All Philanthrocapitalists Now 23914 The Age of Plutocracy? 24715 The Gospel of Wealth 2.0 267Acknowledgments 287Source Notes 289Index 297
