How Billionaires Use Non-Profits to Bypass Governments and Force Their Agendas on Humanity
As wealth becomes concentrated in fewer hands, so does political and social power via foundations and non-profits.
As wealth becomes concentrated in fewer and fewer hands, the billionaire class is increasingly turning to foundations and non-profits to enact the change they would like to see in the world. Amid the rise ofphilanthrocapitalism, growing numbers of critics are raising serious questions about whether this outsized influence is doing more harm than good.
In the January issue of the New York Review of Books, veteran journalist Michael Massing noted that, in the past 15 years alone, “the number of foundations with a billion dollars or more in assets has doubled, to more than eighty.” The philanthropic sector in the United States is far more significant than in Europe, fueled in part by generous tax write-offs, which the U.S. public subsidizes to the tune of $40 billion a year.
As Massing observes, billionaires are not just handing over their money, they have ideas about how it should be used, and their vision often aligns with their own economic interests. For this reason, the philanthropy industry deserves rigorous scrutiny, not a free pass because it is in the service of good.
Massing’s argument followed a study released in January by the watchdog organization Global Policy Forum, which found that philanthropic foundations are so powerful they are allowing wealthy individuals to bypass governments and international bodies like the United Nations in pursuit of their own agendas. What’s more, this outsized influence is concentrated in the United States, where 19 out of the top 27 largest foundations are based. These 27 foundations together possess $360 billion, write authors Jens Martens and Karolin Seitz.
Such dramatic wealth accumulation has disturbing implications. "What is the impact of framing the problems and defining development solutions by applying the business logic of profit-making institutions to philanthropic activities, for instance by results-based management or the focus on technological quick-win solutions in the sectors of health and agriculture?" the report asks.
These questions are not new, as social movements have long raised the alarm about the global impact of the ever-expanding philanthropy sector. In 2010, the international peasant movement La Via Campesina blasted the Bill and Melinda Gates Foundation’s acquisition of Monsanto shares as proof that its role in privatizing the global food supply and exporting big agribusiness, from Africa to North America, should be viewed through a commercial rather than humanitarian lens.
“It is really shocking for the peasant organizations and social movements in Haiti to learn about the decision of the [Gates] Foundation to buy Monsanto shares while it is giving money for agricultural projects in Haiti that promote the company’s seed and agrochemicals,” said Chavannes Jean-Baptiste of the Haitian Peasant Movement of Papaye and Caribbean coordinator of La Via How Billionaires Use Non-Profits to Bypass Governments and Force Their Agendas on Humanity | Alternet:
