Tag Archives: philanthropy

Can the Rich Save the World? An interview with Matthew Bishop and Michael Green

Caroline Hartnell, Alliance Magazine; October 1, 2008. Matthew Bishop coined the term ‘Philanthrocapitalism’ in an essay for The Economist in February 2006, referring to the movement to make non-profits more like businesses and create new markets for goods and services with positive social impact. In their new book: Philanthrocapitalism: How the rich can save the world, Bishop and co-author Michael Green probe the potential they see when philanthropy combines with capitalism to benefit society. They … Continue reading

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Rich Bitch

by Jeffrey Toobin, New Yorker; September 29, 2008. For a tale of philanthropic extravagance, we need not look far from Wall Street. In the New Yorker, contributor Jeffrey Toobin tells a fetching story of a cashed-up pooch named Trouble. Trouble, a female Maltese, was left US$12 million in a trust fund by her owner, the notorious New York hotel tycoon, Leona Helmsley. Ms Helmsley’s bequest and the establishment of her foundation (purportedly worth between $3 … Continue reading

Posted in Issue 1: Spring 2008 | Tagged , | Comments Off