EBOOK or PDF No Such Thing as a Free Gift
I ve read a number of books on philanthropy over the last couple of years but I think this is the one I would most highly recommend if you were thinking of reading just one I think that is because it uses Carnegie and Bill Gates as examples to show how philanthropy has been used to make the world in the image of very wealthy people Both men made their fortunes by using monopolistic practices and often if not actually breaking the law coming so close so as to leave a taint and stench of anything but an excess of morality Both then sought a kind of redemption by iving away large proportions of their wealth But this The Geek Manifesto: Why Science Matters to Government (mini ebook) giving away idea is complicatedFirst of all there are tax benefits iniving away money At one point in this the author says that if an insanely wealthy person The Wish Maker gives away 100 million they might save 75 million in taxes You might think well we are still 25 million better off than if they hadn tiven the only problem is that we don t The Regiment: The Real Story of the SAS get to decide where any of that money is spent It might allo to Yale or it might o to the Opera Money paid in taxes is much likely to redistribute wealth than donations to charities do that is taxes tend to help the poor than money rich people overall donate to charities and this is because a rich person often ives their tax deductable money to their favourite form of recreation which doesn t always help the poor in anyway at allBut a bigger problem is that rich donors have an out sized influence on the overall direction of many of the organisations they support So even when these organisations are set up to do ood or as Gates seems to like to say to do od s work their preferences can override the choices that experts might otherwise have made I m oing to ive a few examples hereThe first is in an area I m particularly interested in education A while ago Gates became a bit obsessed with small schools He noticed that small schools were often at the top of the achievement distribution curve It is not too hard to come up with a series of reasons why this might be the case Smaller schools have intimate relationships with their students they are like a community maybe the students all feel like family and so help each other out perhaps teachers Mindful Yoga-Based Acceptance and Commitment Therapy: Simple Postures and Practices to Help Clients Achieve Emotional Balance get a better opportunity to deeply engage with their students rather seeing them as some faceless hoard All of these reasons sound plausible enough However the actual reason is basic statistics If you have a large school it isoing to be populated by lots of kids and having lots of kids will mean kids at all levels of ability Which in turn means a large school is likely to end up pretty close to the average school pretty much in the same way that if I toss a coin a million times I am likely to come pretty close to 5050 heads to tails But if you have a small school and a couple of well educated families send their kids to the school that could tip the school s results right up to the top of the achievement curve in much the same way that if I toss a coin five times I might end up with all heads and no tails Small samples are easily skewed large ones not so much If Bill had looked he would have noticed that small schools were clustered at the bottom of the achievement curve too and for exactly the same reason they just ended up with tails than heads by the luck of the draw It is easier for a small school to over or under achieve than it is for a large schoolBut Bill was attracted by the interesting and plausible reasons for small schools doing better than he was with the boring statistical reasons and so he pumped millions into researching and supporting small schools All ood you say so what if he was wrong Money was still oing to schools and so the world is still a better place Yeah except for what happened next One day the results started coming in and those weren t so ood So Bill decided to cut funding to the project It s his money after all Except that the schools that had come to rely on that money were left high and dry They had become victims of the whims of a wealthy donor with a short attention span something perhaps caused by his spending too much time interacting with screen based technologiesBut even whim isn t the worst of the problems here It would be hard to criticise a billionaire who sets out to eradicate polio or to end malaria or to vaccinate Africa What could you possibly have against that Well again the problem is that we are dealing with an all too human being and one who has no real expertise in the area of health that he has come to dominate He also appears to be doing a lot of this work at least in part to be recognised and remembered for it Look many of us want immortality of some sort or other I uess However his immortality can complicate the lives of many many people An example iven
In This Book Is this book is efforts that are being made to fully eradicate polio This has been a major focus of Gates and although this isn t literally said in the book it might be because it would make for a particularly ood news story if a diseases with a name everyone knows ends up Shine: The Visual Economy of Light in African Diasporic Aesthetic Practice getting eradicated due to his efforts However in seeking to fully eradicate polio other diseases that cause much harm and deaths are being ignored or sidelinedThe problemset difficult because people who are rich tend to think "That How They Became Rich "how they became rich natural inevitable and an indication of their own virtue and merit And again perhaps we are all deluded in our own ways but the impact of say my delusions are likely to be fairly minor whereas someone who has a wealth in the order of 100 billion they can basically weaponise their delusions Now for virtually all of his life Gates has spent his time protecting copywrite laws his wealth depended upon it so it is hardly surprising he is fairly keen on the subject However defending patents and copywrite laws in the face of the crushing poverty of the Show Me How: Quilting: Quilting Storybook How-to-Quilt Instructions global south isn t necessarily in the best interests of these people The examplesiven mostly involve him seeking technological fixes for the problems of the developing world the creation of higher yield seeds or of patent medicines and these come with a price tag Charity is a business in so many ways But here the lines between aid and business become particularly blurred The example is discussed again here of the Indian farmers forced by the high cost of Monsanto crops to commit suicide by drinking the pesticide they need to purchase and that has driven them into crushing poverty Another example is HIVAIDS where he has not supported the use of drugs as a preventative some antiretrovirals reduce the viral load in a persons bodily fluids and this in turn means those infected are less likely to pass on the virus to their sexual partners But Gates has strenuously opposed this Now there might be many reasons for him doing this one of which might be his stated concern that since there is only so much money to o around it would be effective to pursue prevention rather than cures However as someone uoted here says access to ARVs antiretrovirals would be a threat to intellectual property the regime of which he staunchly supports This book is fascinating not least because it covers so many aspects of Gates activities agriculture health education while also linking the discussion around these back to his employment investment and other business histories The biggest concern here is that Gates has bought his way onto the world stage He has power than the majority of world leaders maybe than all of them iven he has not fixed time to retire Also unlike those world leaders he is almost entirely unaccountable At one point in this book an exchange is uoted between Gates and Piketty Piketty had just iven a speech in which he called for a wealth tax Gates is uoted as saying to him after the speech I love everything that s in your book but I don t want to pay tax Piketty is uoted as saying I think he sincerely believes he s efficient than the overnment and you know maybe his is sometimes Yeah maybe he is but there are no conseuences for the times when he is not efficient And because he has so much power that becomes a real problem Outstanding book Full review to come Philanthro capitalism the highest stage of capitalism Through my ratings reviews and edits I m providing intellectual property and labor to com Inc listed on Nasda which fully owns Goodreadscom and in 2014 posted revenues for 90 billion and a 271 million loss Intellectual property and labor reuire compensation com Inc is also reuested to provide assurance that its employees and contractors work conditions meet the highest health and safety standards at all the company s sitesI like philanthro capitalist ventures however catastrophic however tragic because they represent a laboratory like d nouement or epiphany of what I understand is the real nature of capitalism as opposed to the mercantilism of the peopleThe book which also has the ambition to be a primer on neoliberalism and as such covers too much Girl in the Blue Coat ground shows us a few billionnaires in action Carnegie Rockefeller Soros Buffet Branson Gates and how a few uick fixes for the world s problems including social entreprenership and micro finance muddle through the media the TED church the exclusive policy clubs and eventually wreak havoc on innocent livesThe chapters on the Gates Foundation s uick fixes for the US education system polio or Africa s shuttered agricultural markets are breathtaking Apocalyptic ch I wouldive this book 10 stars if I could This is one of the best non fiction books I ve read ever McGoey does an impressi. Philanthro capitalism How charity became big businessThe charitable sector is one of the fastest Hunter Kiss growing industries in thelobal economy Nearly half of the than 85000 private foundations in the United States have come into being since the year 2000 Just under 5000 were established in 2011 alone This deluge of philanthropy has helped create a world where billionaires wield power over education policy lobal agriculture. To anyone who works in philanthropy and to anyone interested in the relationship between wealth idealism and democracy It reveals the many contradictions rampant in my field McGoey is a deep subtle thinker who rewards her readers with reat passages from 19th century literature sociological theory and political philosophy It s an especially important read for all those attracted to the hype of social entrepreneurship and the next TED conference For those of us who have been pondering philanthropy s shortcomings for some time however this is not the book to help us advance our thinking on how to improve philanthropy and its relationship with democracy No Such Thing as a Free Gift by Linsey McGoey is an interesting if flawed critiue on philanthro capitalism By critiue I mean a scathing furious rebuke of organizations like the Gate s Foundation and their upper crust supporters who McGoey refers to as TED Heads McGoey is highly critical in her book and makes some excellent criticisms of a flawed system For example she is critical of Gates support for privatized schooling metrics on teaching performance that instigate disciplinary action for poor scores privatized online teaching pharmaceutical exposure to disease reduction and Many of these articles are interesting but McGoey is so venomous in her criticism it may turn many readers awayMcGoey is obviously operating from an ideological standpoint She is highly critical of private companies and any corporate participation in overnance or education which seems a bit overzealous Although private institutions are not always the most efficient the most successful or even the most competent institutions to handle issues they may not be the worst either McGoey seems to be criticizing for the sake of criticizing offering little in the way of fact or figure in some of her arguments She criticizes the Gates Foundation for combating Polio in the developing world for example by stating that there are important diseases such as measles that should be eradicated instead I wonder if she would criticize a measles campaign because there are other disease besides that as wellI could o on and on here This book was interesting and I do recommend it It explores the field of philanthropy which is often heaped with praise and yet abused as a tax dodge or an integration point to make vulnerable people reliant on certain industry tech or a way to advertise and improve corporate image as opposed to what it should be a way to alleviate poverty reduce disease impact and improve lives Philanthropy can rightly be criticized as the table scraps of the rich as McGoey points out A uote from this book attributed to John Kenneth Galbraith compares the relationship between philanthropists and the poor as a horse and sparrow The horse is fed oats and the sparrows feed from the road This too is how I view philanthro capitalism It is easy to praise the Mythological Beasts Turned Me Gay: Three Book Collection: (Mythology Erotica) generosity of billionaires who have too much money to know what to do with it But many of these people Gates includedrew so powerful off of tax avoidance schemes monopoly power selfish lobbying and overseas workers to name just a few of the accusations leveled at Microsoft under Gates A proper wealth redistribution framework within a nation is much powerful than random table scraps from a wealthy man It is better for nations that receive foreign donations to develop their economies and support their citizens there own way as opposed to receiving aid reliant on foreign cultural norms and practices that may be alien to the aid receivers Frankly this is a book that I liked in a lot of ways But it was also scathingly written poorly sourced and ideologically driven A scathing critiue of philanthro capitalism is much needed but this short treatise just barely scratches the surface and does not do justice to the issue McGoey however wrote an interesting book and I could hesitantly recommend it to those interested in economics philanthropy and social justice topics What thoughtful rich people call the problem of poverty thoughtful poor people with eual justice call the problem of riches R H TawneyThis uote is from the first page it should This All Encompassing Trip: Chasing Pearl Jam Around The World give you a sense of what the book is about interesting thinking here to follow Guardian Review Times Review I really wanted to like this I think we should be taking aood look at what McGoey terms philanthrocapitalism and I think she makes some Scouts good points But ultimately I think she comes to conclusions that the evidence doesn t support and she s so eager to criticize that she misses the pointHere s what I agreed with philanthropy on therand scale could do a lot better transparency Because of Board of Directors usually the people who ultimately make the funding decisions confidentiality people don t always know how or why The Organ Grinders grants are made social enterprise business or social benefit businesses deserve a lot of scrutiny We definitely should not take any business at their word that claims to be doing socialood and it can often be a smokescreen other parts of a not so ethical business diverse boards are a ood thing and while I wouldn t o as far as McGoey does and mandate a
Two Thirds Non Family Seat thirds non family seat I would strongly encourage boards to consider opening their membership to non family experts the American tradition of using charitable dollars to fund deeply partisan think tanks that work to undermine the rights of the poor and advance the rights of the rich is pretty The Complete Idiot's Guide to Detoxing Your Body gross Read Dark Money The Hidden History of the Billionaires Behind the Rise of the Radical Right for areat take on thisBut here s where we diverge McGoey argues that philanthrocapitalism which she defines as large private Silver in the Wood granting foundations whose founders usually but not always drive theranting and strategy of the organization is ipso facto a bad thing And I just can t agree with this Look I definitely agree that not all rants made by those organizations are effective or perfect But you know what All of those people could have just bought another super yacht Or island Or two super yachts three private jets and four islands A lot of those rants do ood and I think what McGoey is really criticizing is an economic and regulatory system that allows wealth accumulate among a small roup of people McGoey thinks the rich should not be afforded the tax shelter of setting up a foundation and should just be forced to pay the tax But in my opinion it s naive to think that the rich wouldn t find other tax loopholes or avoidance strategies McGoey ascribes a lot of behavior to foundations that I would argue is not representative of the whole Foundations are incredibly diverse and there s a silly saying that once you ve met one foundation you ve met one foundation For example she criticizes foundations for allowing people to sink a whole bunch of money into a foundation and then disburse only 5% a year the American regulatory minimum suggesting that citizens are forgoing tax revenue for benefits they may never see And while this is certainly true of a few foundations many have existed for years and disbursed than the value of the original The Second Cure gift into their communities Other foundations are flow through entirely and allow people toive anonymously McGoey does not state but mistakenly implies that there are no large anonymous donors And the Gates Foundation the subject of this book will spend all of it s money within 50 years of either Bill or Melinda Gates s death whoever dies second McGoey strongly criticizes the Gates for not investing of their research dollars in developing nations even uoting one doctor from an African country who won t apply any because he s already been rejected twice Ok look Maybe the Gates Foundation should fund research in the Global South and focus on developing human capital there But maybe they have thoughtful reasons for choosing a different strategy And maybe that Essential Andhra Cookbook: With Hyderabadi and Telengana Specialities guy who applied and was rejected twice wrote really bad applications Or maybe he wroteood applications and there were enough people that wrote The Sorcerer's Apprentice great applications that he didn t make the cut It just seemed a bit disingenuous to criticize their strategy when McGoey doesn t even think they should existIuess I just think McGoey is missing the forest for the trees Large scale philanthropy is not the problem a system that directs wealth into the hands of the few is And I just can t Eagle's Gate get on board with the idea that people like Bill and Melinda Gates and Warren Buffett pledging toive away half their wealth before they die is better than them buying stuff or hiding the money in offshore accounts even if you don t always agree with how and where they direct the funds To use another cliche it seems like McGoey is throwing the baby out with the bathwater here This is my second read through of this Overall opinion I really like this book Linsey is cogent incredibly well researched funny and likable This is a critiue not nearly so vitriolic as some of the other reviews would state but rather dry well balanced and uite often adding in caveats to the positive for the critiued parties Not everything of course
is so well balanced but overall it s a fair critiue with less bias than one would so well balanced but overall it s a fair critiue with less bias than one would from a work of this nature Dislikes Anti GMO ism is so 2016 Can we move on already An anthropologist McGoey is not You could skip the whole history of the World War Z. La guerra mondiale degli zombi gift section and be better off That s it which should probably say enough considering the lengthy rants I m prone to if you ready my other reviews This book pairs excellently with A Brief History of Neoliberalism. Ll and Melinda Gates Foundation As large charitable organizations replaceovernments as the providers of social welfare their largesse becomes suspect The businesses fronting the money often create the very economic instability and ineuality the foundations are purported to solve We are entering an age when the ideals of social justice are dependent on the strained rectitude and uestionable enerosity of the mega rich.