The capture of the spoils of the future by the very few at the top.
Thursday, October 7, 2021
#280 / Glorious Philanthropy, So Called
I have previously mentioned Anand Giridharadas' book, Winners Take All. If you click the YouTube link above, you'll be able to watch Giridharadas defend his book, and defend his support for a "wealth tax," as he is interrogated by a mildly hostile interviewer on CNBC.
Total time spent (if you do watch) will be approximately six minutes. This is a worthwhile commitment of your time, in my opinion.
What got my attention was the statement set out in bold type below, which was made early in the interview. In talking about the characteristics of our time, in which you "can't walk down the street without bumping into a billionaire with a foundation, changing the world," Giridharadas said that our age of "Glorious Philanthropy, so called," reflects the following:
That, it seems to me, is a very apt description of exactly where we are. It is, says Giridharadas, "extraordinary elite hoarding."
If you think Giridharadas might be right, you can watch the video to see some suggestions on how we might change that around!