Philanthrocapitalism comes of age
Philanthrocapitalism comes of age
The chapter build on previous work to explore how philanthrocapitalism has evolved. Despite the financial crisis of 2008, engaged giving has expanded and become more institutionalized rather than withering away. Indeed, even governments are now advocates. The chapter functions as a set of debates addressing key critics of philanthrocapitalism—as such it is, itself, somewhat controversial. Yet, the chapter highlights several important issues that go beyond its particular perspective, such as the value of more diligent impact measurement and improved transparency and accountability in the grant-making sector. The chapter goes on to highlight some of the emerging innovations in this sector including philanthropic ‘marketplaces’ such as the Clinton Global Initiative. The chapter concludes with a cautious reminder that taking risks can pay off, but demonstrable successes are important too.
Keywords: philanthrocapitalism, impact measurement, philanthropic marketplaces, venture philanthropy, profit, market rate
Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .
