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To the Point

Can Billionaire Philanthropists Change the World?

To the Point

KCRW

News

4.4583 Ratings

🗓️ 15 September 2006

⏱️ 51 minutes

🧾️ Download transcript

Summary

A growing number of America's richest private foundations are challenging hunger, poverty and global warming. Is it a "golden age of philanthropy" or a "tournament of billionaires?"  Can they avoid the mistakes of the previous Green Revolution?  Can philanthropy make a profit?

Transcript

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0:00.0

From PRI, Public Radio International and KCRW Santa Monica, this is To the Point.

0:07.6

Can billionaire philanthropists change the world?

0:13.8

Hello again, I'm Armin Alney, and this is To the Point from Public Radio International,

0:17.6

a daily look at the issues Americans care about most. Bill and Melinda Gates,

0:21.3

the Rockefeller Foundation, George Soros, and Google, all are spending big money on hunger, poverty,

0:27.0

and global warming. Supporters welcome a golden age of philanthropy, but at least one skeptic calls it

0:32.3

a tournament of billionaires, full of potential pitfalls. On to the point, the Green Revolution caused environmental problems in Asia and Latin America,

0:40.9

can that be avoided in Africa?

0:42.7

Can well-intended assistance bypass corrupt and incompetent governments and get to the people who need it?

0:48.2

Can philanthropy generate profits?

0:51.1

On reporter's notebook later on, Pope Benedict, Islam, and Holy War. First, here's the news.

1:00.6

Support for To the Point comes from subscribers of KCRW Santa Monica and from the Public Radio

1:06.3

International Program Fund, whose contributors include the Ford Foundation and the John

1:11.0

D. and Catherine T. MacArthur Foundation. Hello again, Mormon-Aulay, back with To the Poet. A growing

1:15.6

number of America's richest private foundations are challenging hunger, poverty, and global warming.

1:21.1

On To the Poet, is it a golden age of philanthropy or a tournament of billionaires? Can they

1:26.1

avoid the mistakes of the previous green revolution?

1:29.0

Can philanthropy make a profit? On reporter's notebook, Muslims are condemning Pope Benedict's comments about

1:34.8

holy war. The Vatican says he just wants respect and dialogue between religions. We'll ask about

1:40.2

the Pope's upcoming trip to Turkey. First, this update. Yesterday, the United

1:44.2

Auto Workers announced a buyout deal for all of the 75,000 hourly employees at Ford.

1:50.6

Today, Ford said it will cut 10,000 white collar jobs and close two more factories.

...

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