How Giving Can Save the World

by Matthew Bishop , Michael Green

Number of pages: 298

Publisher: Bloomsbury

BBB Library: Communication

ISBN: 978-1596916951

About the Authors

Matthew Bishop : He's the New York bureau chief of the Economist and an


Michael Green : He taught economics at Warsaw University before joining the Department for


Editorial Review

The problem of our age is the proper administration of wealth, that the ties of brotherhood may still bind together the rich and poor in harmonious relationship.” So wrote Andrew Carnegie in his essay “Wealth,” which first appeared in the North American Review in 1889. Published today as the book The Gospel of Wealth, it is practically holy scripture for many of today’s philanthrocapitalists.  In the early twenty-first century, social and environmental challenges proliferate, and friction grows between rich and poor, the proper administration of wealth is again the problem of the age. Carnegie’s approach to that problem is hugely appealing to the successful entrepreneurs who are embracing philanthropy today: That the solution is in their hands.  

Book Reviews

"In his 2008 book, Philanthrocapitalism: How Giving Can Save the World, The Economist’s Matthew Bishop asserts that, through philanthropy, the very wealthy can serve as “hyper-agents,” “who have the capacity to do some essential things better than anyone else.” "— Manhattan Institute

"The time has come for Britain to rediscover philanthropy, Matthew Bishop argues at the start of Philanthrocapitalism."— The Guardian

"Written in a style that is immediately understandable and accessible, Philanthrocapitalism is a concise and direct roadmap for how we all can make the world a better place by learning lessons from those who are already making a difference."— Look to the Stars

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Wisdom to Share

"The problem of our age is the proper administration of wealth, that the ties of brotherhood may still bind together the rich and poor in harmonious relationship" Andrew Carnegie

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“Most things in world health are improving because technology is improving. But there is a huge market failure on the research side,” Bill Gates

“The market failure is that there are no economic signals that cause people and money to be put to work on, say, developing a malaria vaccine, which in terms of the human condition, should be one of the top medical activities.” Bill Gates

Having been able to build philanthropy into its organizational structure from the start of its life as a public company, Google has arguably gone further than any other big firm in philanthrocapitalistic innovation.

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Social entrepreneurship is a slippery concept, despite the best efforts of scholars such as Dees to define it.