Thursday 11 March 2021

Elite philanthropy does little to solve problems caused by rising social inequalities

Giving at scale by the super-wealthy has done little to redistribute wealth from rich to poor, helping perpetuate social inequalities rather than remedying them, while paying considerable dividends to donors in the form of privilege and influence in society and politics, new research shows.

source https://phys.org/news/2021-03-elite-philanthropy-problems-social-inequalities.html