Lecture Description

America in 2015 has a more asymetrical distribution of wealth than at any time in our history. Meanwhile, foundation philanthropy, which blossomed during a previous era of asymetry during the first two decades of the 20th century, has now taken a new form — dominated by megafoundations (with netassets of more than $1 billion). Americans a century feared that philanthropic foundations posed a threat to democracy. We have forgotten their fears — but perhaps we should start worrying about whether megaphilanthropy is not dangerous to democracy?



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