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No Such Thing as a Free Gift: The Gates Foundation and the Price of Philanthropy Paperback – October 4, 2016
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The charitable sector is one of the fastest-growing industries in the global economy. Nearly half of the more than 85,000 private foundations in the United States have come into being since the year 2000. Just under 5,000 more were established in 2011 alone. This deluge of philanthropy has helped create a world where billionaires wield more power over education policy, global agriculture, and global health than ever before.
In No Such Thing as a Free Gift, author and academic Linsey McGoey puts this new golden age of philanthropy under the microscope—paying particular attention to the Bill and Melinda Gates Foundation. As large charitable organizations replace governments as the providers of social welfare, their largesse becomes suspect. The businesses fronting the money often create the very economic instability and inequality the foundations are purported to solve. We are entering an age when the ideals of social justice are dependent on the strained rectitude and questionable generosity of the mega-rich.
Review
—Naomi Klein, author of This Changes Everything and The Shock Doctrine
“Fierce … provocatively examines the power imbalances and ambiguities of charitable giving … a clear-eyed and much-needed study.”
—Andy Beckett, Guardian
“On both the left and the right, social critics sense that there is something deeply corrupt in the way we live now … With extraordinary insight and original investigation, Linsey McGoey understands how this twenty-first century mess was made. Her voice is reasoned and never shrill, her research is solid, and her courage is remarkable. Rather than spin far-fetched conspiracy theories, she simply shows what the oligarchs are doing in plain sight, which is frightening enough.”
—Jonathan Rose, author of The Intellectual Life of the British Working Classes
“McGoey correctly questions whether Big Government would, in fact, be more efficient than Big Philanthropy in addressing the rise of inequality.”
—New Republic
“It’s worth hearing what she has to say, because it’s not said enough … we give too little scrutiny to people like Gates, and too much credence to the idea that philanthrocapitalism can ‘save the world.’”
—Fast Company
“Picking up the cudgels wielded by Ida Tarbell and her fellow trustbusters, McGoey produces a startling report.”
—Kirkus
“A timely criticism of a society that allows an individual to accumulate such a distorting amount of financial power; it is an indictment of unaccountable power.”
—Maclean’s
“A brave, intelligent and important book that raises vital questions about the full impact of a key source of the world’s public health funding. As the book shows the drive to do good can raise a host of ethical and policy questions—many of which have not been considered or even acknowledged prior to this book.”
—Arthur Caplan, New York University
“A book that is by equal measure provocative and compelling that finally gives a voice to concerns that many have silently harbored … charts the speed of the Foundation’s emergence and influence with conceptual fluency and historically referenced gusto that in parts left me gobsmacked.”
—Sophie Harman, Queen Mary, University of London
“Impeccably researched and beautifully written, Linsey McGoey’s book is the best and most complete examination of the Gates Foundation and the workings of big philanthropy. A must-read for anyone concerned with where the world is heading.”
—Michael Edwards, Distinguished Senior Fellow, Demos
“In this valuable, dense, but accessible book, McGoey illuminates a major cultural shift in leadership and control of power in the US. Highly recommended.”
—Choice
“A lively and well-argued antidote to the comfortable but superficial assumption that giving money away is, by definition, good: it helps you understand why things are more complicated than that.”
—Third Sector
“Essential reading for any scholar interested in contemporary development issues … McGoey convincingly shows that contemporary philanthropic thinking abides by the same underlying ideology than that of the so-called robber barons.”
—Review of Agricultural, Food and Environmental Studies
About the Author
- Print length304 pages
- LanguageEnglish
- PublisherVerso
- Publication dateOctober 4, 2016
- Dimensions5.1 x 0.87 x 7.8 inches
- ISBN-101784786233
- ISBN-13978-1784786236
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Product details
- Publisher : Verso; Reprint edition (October 4, 2016)
- Language : English
- Paperback : 304 pages
- ISBN-10 : 1784786233
- ISBN-13 : 978-1784786236
- Item Weight : 2.31 pounds
- Dimensions : 5.1 x 0.87 x 7.8 inches
- Best Sellers Rank: #798,322 in Books (See Top 100 in Books)
- #287 in Philanthropy & Charity (Books)
- #430 in Nonprofit Organizations & Charities (Books)
- #874 in Sociology of Class
- Customer Reviews:
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This book must be read. The power of Big Money and Big Foundations/Big Philanthropy is incredible and what is at stake is the quality of human life. The complexities of poverty, inequity, and disease far outweigh those of running corporations no matter how big and successful.
McGoey, a Senior Lecturer in Sociology at the University of Essex, has traveled widely, attended many forums on the global economy, and much of the research in this book is first hand.
While she does ask a profusion of tough questions, and while an abundance of factual information is presented, straightforward answers are often difficult to find.
I find this to be a well-written collection of information about today's mega-donors and global inequality, yet, I would have liked more synthesizing and more answered questions. Sometimes, absolute truth is nearly impossible to ferret out. But, as the author points out, increased levels of philanthropy may be contributing to growing inequality and increased global poverty for several reasons, which she states and backs up with research.
Chapter Seven, "Always Coca Cola," aroused, perhaps, the most disquiet in this reader, pointing out possible conflicts of interests between big donors and worldwide agriculture and also focuses on glaring mistakes of global development efforts on health, stating that "global health is ruled by a few private donors who make decisions in secret."
Chapter Four, "Pintsized Profit-Makers" explores the connection between big donors and education. Both Gates and Bloomberg whose own children attended schools where small class size was publicized as an enticement, have, at one time or another, renounced the benefits of small class size. "Gates has suggested that class sizes should be increased in order to allow effective teachers to reach more students." "Part of the savings could then be used to give the top teachers a raise." "New York doyen Michael Bloomberg has repeatedly stressed that class size does not matter." "Bloomberg said that in his ideal world, he would fire half the city's teachers and pay those left standing twice as much to teach classes double the current size." This reader is left to wonder if "the bottom line" is always first and foremost in the mind of a billionaire.
What is most interesting, to this reader, anyway, is that the more money the very wealthy throw at poverty using their current methodology, they haven't alleviated global suffering, suggesting that a different approach is called for; perhaps something as basic as encouraging the poor to keep families very small and providing the materials and education to make that happen?
NOTE: I read this as an "uncorrected proof." Copy I've quoted here will not necessarily appear in the first printed edition.
McGoey really zeroes in on some particular areas of aid such as health provisions and agricultural help internationally to see the intricacies of how the lines between altruism and self-serving promotion are not so easily determined. She also explores the backgrounds of how some of the larger foundations came to exist -- for example through less than ethical business practices. The book paints a picture of the enormous wealth of the wealthiest 1% and how foundations serve their own purposes. Again, the focus is largely on Bill Gates and his story of amassing a fortune and giving away a lesser but significant fortune.
In the end, readers will have a better understanding of the role foundations play and will be able to make a more educated analysis of how they fit into our economy and social system. I think what we learn is what the author quotes from one of the opportunists she discusses, "Generosity can be very profitable." The book highlights how the wealthy use foundations to protect huge slush funds of wealth to be used beneficially according to their definition of beneficial.







