Facebook co-founder and CEO Mark Zuckerberg and other tech billionaires are creating a quintessential philanthropy for the 21st century. For example, they aren’t interested in old-school philanthropic galas and endowing their alma mater.
Lack of transparency in philanthropic foundations, which cost taxpayers, raises ethical questions, argues Elizabeth Cham, an Honorary Fellow at the UTS Business School, University of Technology Sydney.
These 1 percenters are doing what the global Occupy movement demanded back in 2011. They’re sharing their wealth with the 99 percent.
Chris Hedges and Detroit’s Rev. David Bullock: Predatory capitalism’s perversion of Christmas charity
Chris Hedges and Detroit’s Rev. David Bullock discuss predatory capitalism’s perversion of Christmas charity, justice and revolution on The Real News Network.