Why philanthropy isn’t the answer (with Anand Giridharadas)

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.8 • 1.5K Ratings

🗓️ 5 October 2021

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

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Summary

Few books have shaken the philanthropy world more than ‘Winners Take All’, Anand Giridharadas’s blistering critique of wealthy do-gooders. Global elites who ostentatiously give away hundreds of millions of dollars, he argues, are actually just preserving the status quo that grants them power in the first place. On this episode, originally recorded and released in October 2019, Anand joins Nick and Goldy to explain how do-gooding can perpetuate inequality. Anand Giridharadas is a writer. His most recent book, ‘Winners Take All: The Elite Charade of Changing the World,’ is a national bestseller. He is an editor-at-large for TIME, an on-air political analyst for MSNBC, and a visiting scholar at the Arthur L. Carter Journalism Institute at New York University. Twitter: @AnandWrites Further reading: Winners Take All: https://www.penguinrandomhouse.com/books/539747/winners-take-all-by-anand-giridharadas/9780451493248 Beware Rich People Who Say They Want to Change the World: https://www.nytimes.com/2018/08/24/opinion/sunday/wealth-philanthropy-fake-change.html Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer

Transcript

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0:00.0	Hey, pitchfork listeners, this week we're re-releasing one of my favorite episodes, a conversation with Anang Girdedas,
0:07.6	the author of Winners Take All, The Elite Shared of Changing the World.
0:13.5	In it, Anang explains why, rather than giving away more money, maybe the super rich might want to consider taking less.
0:22.2	This episode was originally recorded in October of 2019, and I hope you enjoy it as much as I did.
0:30.8	Anang Girdedas, Editor-at-large for Time Magazine, an author of the book Winners Take All, The Elite Shared of Changing the World.
0:38.8	A new book argues that when today's corporate titans and political leaders try to change the world,
0:43.6	they actually preserve the societal problems they say they want to solve.
0:47.4	If you decide as a Goldman Sachs, that you're going to get into the conversation,
0:52.0	you're immediately on day one, one of the biggest players in that field, and you are going to distort
0:58.8	that conversation. When the rich and powerful get involved in social change, they change, change.
1:09.6	From the home offices of civic ventures in downtown Seattle, this is pitchfork economics,
1:14.7	with Nick Hanauer, the best place to get the truth about who gets what and why.
1:19.7	I'm Nick Hanauer, Founder of Civic Ventures.
1:28.8	I'm David Goldstein, Senior Fellow at Civic Ventures.
1:37.0	Vic, you're a really rich guy, right?
1:38.8	Apparently.
1:39.5	Yeah, and you give away a lot of money.
1:41.1	I do.
1:41.7	And you do it in two different ways.
1:43.8	Some of it is charitable contributions that you get a tax deduction for.
1:49.3	And some of it is, well, it's also charitable, but it's political.
1:54.9	Right.
	...

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