Bankrolling Disorder
City Journal Audio
Manhattan Institute
4.7 • 656 Ratings
🗓️ 31 July 2024
⏱️ 19 minutes
🧾️ Download transcript
Summary
N. S. Lyons joins Brian C. Anderson to discuss the deep-pocketed Ford Foundation's long history of funding radical social movements.
Transcript
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| 0:00.0 | Welcome back to the Ten Blocks podcast. This is Brian Anderson, the editor of City Journal. |
| 0:20.3 | Joining me on the show today is S.A.S. N.S. This is Brian Anderson, the editor of City Journal. Joining me on the show today |
| 0:21.9 | is Essayst N.S. Lyons. He's the author of a terrific substack newsletter called The Upheaval, |
| 0:29.1 | which explores our era of revolutionary, cultural, technological, and political change. He's written |
| 0:35.9 | for City Journal a number of times. He's also |
| 0:38.7 | written for First Things, Palladium and other top publications. He was previously a geopolitical |
| 0:45.8 | analyst based in Washington, D.C. He joins me today to discuss his provocative story in our |
| 0:52.4 | spring issue, Foundation of American Folly, |
| 0:56.2 | which details the long history of radicalism and bad ideas supported by the Ford Foundation. |
| 1:03.5 | So, NS, thanks very much for joining us. |
| 1:05.8 | Hi, Brian. Great to be here. |
| 1:07.5 | So as this essay you've written for us shows, the Ford Foundation's influence on politics and |
| 1:14.6 | society has been and continues to be profound for decades. Largely, you argue, and I would |
| 1:23.4 | agree to destructive effect. So let's start with the current situation where the foundation, |
| 1:29.9 | as you indicate, has funded a number of far left wing and even what you could describe |
| 1:36.8 | as revolutionary causes and groups in America. So I wonder if you could just say what it's |
| 1:42.9 | been up to in recent years and how much money does the foundation spend and have on hand to spend? |
| 1:50.5 | Well, the Ford Foundation alone is sitting on an endowment of around $16 billion, at least in 2021, which is the last data that I saw. |
| 2:01.7 | So really a tremendous amount of money. |
| 2:05.3 | That would put it in approximately the Fortune 500 if it was a private firm, but it's not. |
| 2:10.7 | So that's untaxed money. |
| 2:12.4 | And what they've been funding in the last, let's say the last decade since 2013-14 is essentially the whole Black Lives Matter, |
... |
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