Philanthrocapitalism and the Hidden Power of Big U.S. Foundations

Plank, KerstinORCID: (2017) Philanthrocapitalism and the Hidden Power of Big U.S. Foundations. Momentum Quarterly, 6 (3), pp. 203-209. DOI: 10.15203/momentumquarterly.vol6.no3.p203-209

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This paper seeks to discuss the modern concept known as philanthrocapitalism. By shedding light on the
philanthropic commitment of American billionaires, it investigates how super-rich benefactors exercise power
by investing in huge foundations. A critical examination of the current rise of philanthrocapitalism is presented
first, followed by a discussion on how foundations can be used to gain and maintain power to advance personal
and business interests. The aim is to present a critical investigation of benefactors’ approaches to philanthropy.

Item Type: Article in Academic Journal
Keywords: Philanthropy, philanthrocapitalism, hegemony, Gates
Research Units: Former Research Units (until 2020) > Companies, Industries, Regions
Date Deposited: 25 Apr 2019 10:23
Last Modified: 25 Apr 2019 10:23
DOI: 10.15203/momentumquarterly.vol6.no3.p203-209
ISSN: 2226-5538

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