Monday, May 10, 2021

Bill and Melinda Will Divorce, but the Gates Brand of Venture Philanthropy Will Continue On | janresseger

Bill and Melinda Will Divorce, but the Gates Brand of Venture Philanthropy Will Continue On | janresseger
Bill and Melinda Will Divorce, but the Gates Brand of Venture Philanthropy Will Continue On



A month ago, this blog suggested that hubris is at the heart of today’s billionaire philanthropy but noted that Bill and Melinda Gates have so much power that, despite the tragic blindness of their privilege, there will be no tragic fall and no consequences. Now, with Bill and Melinda announcing their divorce, we continue to learn even more about how privilege in an unequal America insulates the super-rich who have the power to drive the public policy that shapes the institutions on which we all depend

The Washington Post‘s Valerie Strauss seized the occasion of the Gates’ pending divorce as an opportunity to review the ways Bill and Melinda have used their influence and their money to shape public education policy at the federal level and across the states: “The Bill & Melinda Gates Foundation has spent billions of dollars on numerous education projects—such as creating small high schools, writing and implementing the Common Core State Standards, evaluating teachers by standardized test scores—and the couple has had enormous influence on what happened in classrooms across the country. Their philanthropy, especially in the school reform area, has been at the center of a national debate about whether it serves democracy when wealthy people can use their own money to drive public policy and fund their pet education projects. The foundation’s financial backing of some of the controversial priorities of the Obama administration’s Education Department put the couple at the center of this national conversation. Critics have said that many of the foundation’s key education CONTINUE READING: Bill and Melinda Will Divorce, but the Gates Brand of Venture Philanthropy Will Continue On | janresseger