The Problem With Wealthy Philanthropists

…With a decaying social welfare state, more and more public amenities exist only as the result of the hyper-wealthy donating them. But when the commons are donated by the wealthy, rather than guaranteed by membership in society, the democratic component of civic society is vastly diminished and placed in the hands of the elite few who gained their wealth by using their influence to cut taxes and gut the social welfare state in the first place.

It’s much like how in my former home of Pittsburgh, the library system is named for Andrew Carnegie, who donated a portion of the initial funds. But the donated money was not earned by Carnegie; it trickled up from his workers’ backs, many of them suffering from overwork and illness caused by his steel factories’ pollution. The real social cost of charitable giving is the forgotten labor that builds it and the destructive effects that flow from it.

— Why the Rich Love Burning Man, Jacobin

To be clear, the issue isn’t so much about individual elites donating their wealth to humanitarian efforts; no doubt at least some of them are benevolent and sincere, and their money often goes a long way for certain causes. But the problem lies in the aggregate, when entire societies — from their political and economic systems, to their media and public education — are at the mercy of a small class of individuals that determines what resources go where, based on what conditions. Being beholden to a handful of elites is not much better than to an overpowering state; indeed, often times it is often indistinguishable.

What are your thoughts?

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