Plutocrats at Work

Plutocrats at Work

5/9/2016

link

https://www.dissentmagazine.org/article/plutocrats-at-work-how-big-philanthropy-undermines-democracy

summary

This article examines the influence of big philanthropy on democracy and highlights the potential risks and drawbacks associated with it. It argues that while philanthropy can have positive impacts, it can also undermine democratic processes by allowing wealthy individuals and corporations to exert significant influence over public policy and decision-making. The article discusses examples of how large-scale philanthropic initiatives can bypass democratic institutions and concentrate power in the hands of a few unelected individuals. It also addresses concerns related to accountability, transparency, and the potential for philanthropy to perpetuate existing power structures. The author calls for a critical examination of the role of big philanthropy in society and suggests the need for policies and regulations to safeguard democratic processes.

tags

public discourse ꞏ social impact ꞏ social justice ꞏ democratic governance ꞏ public policy ꞏ democratic institutions ꞏ political donations ꞏ political campaigns ꞏ democratic process ꞏ financial influence ꞏ democratic reform ꞏ philanthropic foundations ꞏ big money ꞏ philanthropic giving ꞏ grassroots activism ꞏ social change ꞏ philanthropic influence ꞏ power dynamics ꞏ political economy ꞏ political influence ꞏ influence peddling ꞏ democracy ꞏ civil society ꞏ wealth inequality ꞏ public accountability ꞏ inequality ꞏ social movements ꞏ plutocracy ꞏ wealth redistribution ꞏ political power ꞏ civic engagement ꞏ money in politics ꞏ political activism ꞏ policy advocacy ꞏ economic democracy ꞏ public interest ꞏ philanthropy ꞏ campaign finance ꞏ social inequality ꞏ democratic ideals ꞏ economic elites ꞏ corporate power ꞏ philanthropic organizations ꞏ democratic participation ꞏ lobbying ꞏ grassroots movements ꞏ democracy promotion ꞏ elite influence ꞏ economic power ꞏ wealth concentration ꞏ social welfare