"These new philanthropists bring to charity an “entrepreneurial disposition”, Hay and Muller wrote in a 2014 paper, yet one that they suggest has been “divertin

"These new philanthropists bring to charity an “entrepreneurial disposition”, Hay and Muller wrote in a 2014 paper, yet one that they suggest has been “diverting attention and resources away from the failings of contemporary manifestations of capitalism”, and may also be serving as a substitute for public spending withdrawn by the state. Essentially, what we are witnessing is the transfer of responsibility for public goods and services from democratic institutions to the wealthy, to be administered by an executive class. In the CEO society, the exercise of social responsibilities is no longer debated in terms of whether corporations should or shouldn’t be responsible for more than their own business interests. Instead, it is about how philanthropy can be used to reinforce a politico-economic system that enables such a small number of people to accumulate obscene amounts of wealth. Zuckerberg’s investment in solutions to the Bay Area housing crisis is an example of this broader trend." [1] Although with your "in excruciating detail" it sounds like you've been presented with the evidence before, yet you are somehow unwilling to admit the failings of the system. This last part is meant as an observation and not as a negative value judgement. This video with Anand Giridharadas is also great: https://www.youtube.com/watch?v=d_zt3kGW1NM https://www.youtube.com/watch?v=d_zt3kGW1NM, as well as his book 'Winners Take All: The Elite Charade of Changing the World'. [1] https://www.theguardian.com/news/2018/may/24/the-trouble-with-charitable-billionaires-philanthrocapitalism https://www.theguardian.com/news/2018/may/24/the-trouble-wit...