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One of the key ingredients of philanthrocapitalism is working with celanthropists, who are celebrities that work in partnership with wealthy business people. They mobilise public opinion to donate to charitable causes alongside raising the profile of not for profit organisations or giving money to scientific causes, or to leverage political change. Companies who encourage their employees to give something back include a leading global investment bank that launched a philanthropic fund in 2007 which expects each of its 350 Partners to contribute a fixed percentage of their annual pay. Tax havens such as Monaco and Luxembourg, have also started to promote themselves as centres of philanthropy.
Combining on-the-ground anecdotes, expert analysis, and up-close profiles of the wealthy and powerful Brad Marchand Canada Jersey , this book offers a fascinating insight into a small group of people who will positively change an enormous number of lives. This new generation of philanthropists understand innovation and risk-taking, and will play a crucial part in solving major problems in the world.
While some critics worry that private and charitable funding risks supplanting government support, it is argued, it can only encourage governments to give as much.
?Thoroughly researched and enjoyable?
Financial Times
?Important. Well-written. Timely. Here in this wonderful book, Matthew Bishop and Michael Green shine a light on sparkling examples of effective philanthropy, and how some of the most accomplished people are trying to solve the world?s most intractable problems. A superb portrait of a vital new force shaping the world today. Philanthrocapitalism deserves to be widely read.?
Jim Collins Alex Pietrangelo Canada Jersey , author of Good to Great
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