14min chapter

New Books in Economics cover image

Amy Schiller, "The Price of Humanity: How Philanthropy Went Wrong—And How to Fix It" (Melville House, 2023)

New Books in Economics

CHAPTER

Navigating the Complexities of Modern Philanthropy

The chapter discusses the evolution of philanthropy in the modern era, focusing on the billionaire challenge and the intertwining of public image with charitable giving. It explores the dangers of reducing philanthropy to a mere algorithm and the potential dehumanizing outcomes of focusing solely on basic needs. The chapter also scrutinizes the hierarchical dynamics within philanthropy, the impact of objectification, and the ongoing debate between the roles of government and philanthropy in addressing societal needs.

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