"The charitable model represented by the Gates Foundation is failing to address the root causes of inequality and ecological crisis. This path-breaking book is a sorely needed, historically grounded investigation into the difference between philanthropy and justice." - Naomi Klein, author of This Changes Everything and The Shock Doctrine "Picking up the cudgels wielded by Ida Tarbell and her fellow trustbusters, McGoey produces a startling report." - Kirkus Reviews "Fierce...provocatively examines the power imbalances and ambiguities of charitable giving...a clear-eyed and much-needed study." - Andy Beckett, Guardian "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 "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 "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" - The New Republic "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 "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 "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
Nearly half of the 75,000 private foundations in the United States were created in the past 10 years. About 5,000 more US philanthropic foundations are set up each year. The amount of money placed in philanthropic trusts helps to make the charitable sector one of the fastest growing industries in the global economy. Linsey McGoey looks at this new golden age of philanthropy, in particular, the Bill and Melinda Gates Foundation, and asks: is this money doing much good? Large charitable organizations are replacing government as the providers of social welfare while their businesses often support economic instability and compound global inequalities. The new generation of mega-donors see that there is good business in charity and ignore the division between good deeds and profits. Are we losing the idea of social justice in the face of market-based philanthropy?
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