New Philanthropy and Social Justice

Book excerpt: Over the past twenty years, wealthy individuals and private corporations have become increasingly involved in philanthropy, often by establishing foundations targeted at helping to reduce poverty, disease, and other social problems. But as the essays in this interdisciplinary volume show, this new philanthropy does not provide a long-term solution, because it fails to tackle social injustice or the structural reasons for inequality. Placing this discussion in a global context, this far-reaching book questions the political and ideological reasons why rich individuals and companies engage in poverty reduction through philanthropy and suggests that the new philanthropy and social justice debate extends far beyond national boundaries.