11min 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

Exploring the Evolution of Philanthropy

The author shares insights on the historical shift towards a data-driven and neoliberal approach in philanthropy, discussing how early Christian influences and market-driven practices have shaped modern philanthropic models. They delve into the depersonalization and instrumentalization of giving over time, critiquing contemporary figures like Bill Gates for their approach. The chapter also examines the original meaning of philanthropy in Greek as a love of humanity, prompting reflections on the values driving modern philanthropic practices.

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