Since the humbled heads of our financial institutions seem so keen to tell us they’re sorry, we have just posted an op ed on the Reuters Great Debate site calling on our bankers to say it with philanthropy. Click here and come and join the debate!
The only industry booming at the moment is recession economics, as policy-makers and opinion-formers pore over the Great Depression of nearly 80 years ago looking for answers to the current crisis. The hapless President Herbert Hoover, who responded to the Wall Street Crash with balanced-budget expenditure cutting, is usually cast as the villain of the […]
Another reviewer has noticed that there is currently some trouble in capitalism, which may have big implications for our hopes for a golden age of philanthrocapitalism. This time, a blogger at Foreign Policy magazine is worried that philanthrocapitalism may prove to be a passing fad, as “the financial and political situations have changed/are changing in […]
The Chronicle of Philanthropy has just published an interview with us by Ian Wilhelm. The hot topic, of course, was the financial market meltdown and the impact on philanthropy, which was the subject of an article in the New York Times yesterday. We argued that, with a few exceptions, the rich are likely to come […]
Just back from an interview with publishing guru Judith Regan on Sirius Satellite radio, going out on Wednesday 1 October throughout the day. Listen here. Judith’s big question was whether global financial meltdown would cause philanthropy to dry up. We argued that there are still plenty of rich people out there, some of […]
The crisis of capitalism. These are clearly tough times for capitalism, what with some of the world’s leading financial institutions failing and the American government, with a Wall Street capitalist as its Treasury secretary, busily nationalising the commanding heights of the global economy as if he were an old-style socialist. But does a bad time […]