Daily Archives: Sep 1, 2018 at 08:01 am EDT

Book Bits | 1 September 2018

Winners Take All: The Elite Charade of Changing the World
By Anand Giridharadas
Review via The Chronicle of Philanthropy
We don’t hear much about Zuckerberg’s presidential prospects these days; he has his hands full addressing concerns that Facebook helped spread disinformation propagated by Russian troll farms as part of an effort to sway the 2018 election.
In fact, his diminished public stature registers the eroding foundations of philanthrocapitalism more generally. An anti-establishment upsurge, wide-scale apprehensions about inequality, swelling grass-roots social movements, and the high-profile fumbling and failings of the economic elite themselves have all conspired to tamp down the inclination to turn to the rich to save the world.
For those who still might be tempted to do so, there’s an important new book by journalist Anand Giridharadas, Winners Take All: The Elite Charade of Changing the World. It levels a devastating attack on philanthrocapitalism. There isn’t much left standing after his assault — and that’s both his book’s strongest point and its main shortcoming.
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