21. How Can You Identify Hidden Talent? With Eric Schmidt.

In *Just Giving*, Rob Reich critiques the current state of philanthropy, arguing that it often serves as an exercise of power and plutocratic influence rather than a force for equality. He suggests reforms such as tax credits instead of deductions and limiting the lifespan of foundations to ensure they align better with democratic values. The book explores philanthropy's potential to support idiosyncratic causes and long-term social experiments that governments and markets may not undertake.

In 'Winners Take All: The Elite Charade of Changing the World,' Anand Giridharadas argues that members of the global elite use their wealth and influence to address social issues in ways that do not fundamentally challenge the systems that perpetuate those issues. The book explores the dynamics between philanthropy, capitalism, and social change, highlighting how market-driven solutions often address symptoms rather than root causes. Giridharadas critiques the limitations of philanthropy and corporate social responsibility, suggesting that true social change requires robust, egalitarian institutions and democratic engagement rather than reliance on the benevolence of the wealthy.