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Showing posts with the label philanthrocapitalism

Breakthrough Philanthropy - Thiel Foundation event

I've been asked by a lot of people both inside and outside Benetech lately to not only talk about the what we do, but the why we do it: the thinking behind it. I met with a very senior nonprofit leader last week in New York who explicitly asked us to talk more about what we're thinking. So, I hope to have more Beneblogs that give a window onto our thought processes (even when raw and not quite baked)! So, after I do my readout on what happened, I'll try to inject the way it got me thinking at the end of this post. Last night I had the privilege of attending the Breakthough Philanthropy event put on by Peter Thiel's foundation, covered in the local press with articles like "Silicon Valley billionaire backs futuristic philanthropy" from the San Jose Mercury News . The foundation spotlighted eight unusual nonprofit groups. I knew of a fair number of the groups already. The Santa Fe Institute is probably the best known: a research institute dedicated to st...

Still more debate on Just Another Emperor

Michael Edwards continues the debate with a fresh comment , but says it's his last post because everything he says I dismiss as spin. That's too bad, because Michael is starting to actually engage with some of the arguments I'm making, and avoids the most objectionable rhetorical techniques that I keep pointing out. It's true that I have a serious problem with the claims made by Just Another Emperor, and with the rhetorical techniques used. I point out that that these techniques are weak in quite a number of ways. His subtitle on Just Another Emperor is "the Myths and Realities of Philanthrocapitalism." My thesis is that his pamphlet (as he describes it) is long on myth and short on reality. I'd summarize his pamphlet as building its case as follows: - "Philanthrocapitalsm is a movement is flawed in both its proposed means and its promised ends" - A key means is social enterprise (social entrepreneurship) - Philanthrocapitalists and social ...

More debate on Just Another Emperor

Thanks to Michael Edwards, author of Just Another Emperor , for investing the time to comment on my last blog post. I'm excited about the chance to continue to make my case that Just Another Emperor utilizes spin techniques rather than balanced research in its quest to make the case for its policy recommendations. Michael's post provides ample opportunity to make my points more clearly. For those tracking the progress of this debate, I would say that Michael and I have a similar view of the other's arguments: distorted, misrepresented and ignored seem to sum it up. In addition, we're in agreement that those interested in the issues being discussed would benefit from reading Michael's book and evaluating the strengths of our two arguments. I think we also agree that: we should certainly increase funding for work that addresses the root causes of social injustice, strengthen foundation learning and accountability, give “beneficiaries” a greater stake in governanc...

A critique of Just Another Emperor

The recent book, Just Another Emperor, is getting a lot of attention in philanthropic circles these days. It slams the use of business thinking and approaches in philanthropy, and makes some drastic policy recommendations to fix elite philanthropy by those dubbed philanthrocapitalists. The term comes from Matthew Bishop of the Economist, whose book Philanthrocapitalism: How the Rich Can Save the World, is coming out next month. I really don't like Just Another Emperor, and it's because of the spin techniques used to attempt to make the case for the policy changes it advocates. I couldn't contain myself and wrote a lengthy seven part critique on the Global Philanthropy Forum's Discussion Forum on the topic. If you checkout the link, my comments start near the bottom. I'm attaching my conclusion below. If you read the critique, you can tell this got me going. I'm working on writing this up as an essay (with editing) rather than a series of blog posts. A ...