From generosity to justice (with Darren Walker)

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.8 • 1.5K Ratings

🗓️ 25 February 2020

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

You can’t talk about philanthropy without mentioning Darren Walker. As the president of the Ford Foundation, Walker has been charged with reimagining one of the largest philanthropic endowments in the world. This week he joins Nick and Jessyn in a conversation about transforming philanthropy to meet the challenges of structural inequality. Darren Walker is president of the Ford Foundation. He chaired the philanthropy committee that brought a resolution to the city of Detroit’s historic bankruptcy and is co-founder and chair of the US Impact Investing Alliance. Before joining Ford, Darren was vice president at the Rockefeller Foundation. Twitter: @darrenwalker @FordFoundation Further reading: From Generosity to Justice: https://www.fordfoundation.org/ideas/ford-forum/the-future-of-philanthropy/from-generosity-to-justice/ Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer

Transcript

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0:00.0	Is this Nick Hanna-R?
0:02.0	Daren Walker?
0:04.0	How are you buddy?
0:06.0	Radical
0:08.0	Capsulist. Moving from generosity to justice means going from using a little bit of philanthropy to take the hard edges off the problems
0:15.7	of structural racism and inequality.
0:18.8	Philanthropy is a product itself of economic injustice.
0:24.0	If we really want to change neoliberalism,
0:26.0	we also have to really change philanthropy.
0:28.0	Yeah. From the offices of Civic Ventures in downtown Seattle, this is Pitch Fork Economics with
0:38.3	Nick Hanauer.
0:40.2	In honest conversation about how to make capitalism work for everyone.
0:46.1	I'm Nick Henauer, founder of Civic Ventures. I'm Jessen Farrell and I'm Senior Vice President at
0:54.9	Civic Ventures and a former state legislator. So Jessen today we get to talk to our friend Darren Walker, which is a real privilege.
1:06.4	Darren is the president of the Ford Foundation, which obviously is a very consequential global
1:12.0	foundation with 13 billion in assets and 600 million
1:15.2	in annual grant making, but Darren is a remarkable force in global philanthropy.
1:22.4	He's a fellow at the Institute of Urban Design, a member of
1:26.7	the Council on Foreign Relations, a board member of the Arcus Foundation, Rockefeller
1:30.2	Philanthropy Advisors, Friends of the High Line, etc, etc.
1:34.0	He's the director at PepsiCo, but today he's also the author of a really cool new book called
1:41.8	From Generosity to Justice, a new Gospel of Wealth.
	...

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