The Donor Revolt for Charity Reform
Prominent philanthropists, national funders, and policy organizations are launching a campaign to call for common sense charity reforms.
When folks say that billionaires shouldn’t exist, it’s nothing personal. Some billionaires are nice enough. Some spend generously on philanthropy.
That all sounds great. But we don’t need more do-gooder billionaires that give to charity — we need fewer billionaires.
The problem isn’t really individuals making money. The problem is having an entire system that grows the wealth of billionaires at the expense of everything else we care about — including our democracy.
As the concentration of wealth in our country accelerates, an increasingly small sliver of the population enjoys an increasingly large say over how wealth and power are distributed. And make no mistake: Wealth is concentrating.
Read the full article at CNN Business.
by Bella DeVaan
/by Oliva Alperstein
/by Chuck Collins
/by Inequality.org
/by Helen Flannery
/by Dan Petegorsky
Prominent philanthropists, national funders, and policy organizations are launching a campaign to call for common sense charity reforms.
by Chuck Collins
/by Omar Ocampo
Four years after the start of the Covid-19 pandemic, the United States has 737 billionaires with a combined wealth of more than $5.5 trillion.
by Chuck Collins
Check back for our regular updates on U.S. unemployment and billionaire wealth during the pandemic emergency.
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