If the top 1% of earners stop trying to change the world, who will step into their shoes? AnneMcElvoy challenges AnandWrites on the alternatives to elite philanthropy in “The Economist asks” podcast
AT GLITZY GATHERINGS across the world, former heads of state, corporate bosses and celebrities champion the power of philanthropy to change the world., argues this is a charade and the 1% have little interest in changing the system.
Anne McElvoy challenges him on the nature of the problem with elite do-gooding. Should billionaires give their money to different causes, or pay more tax and let governments choose how to spend it? And would governments necessarily use the money any better? Runtime: 28 min
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