philanthrocapitalism

English

Etymology

Blend of philanthropy +‎ capitalism.

Noun

philanthrocapitalism (uncountable)

  1. (neologism) The philosophy of applying capitalist style objectives and criteria to directing philanthropic enterprises. [from 2006]
    • 2009, Matthew Bishop, Michael F. Green, Bill Clinton (foreword), Philanthrocapitalism: How Giving Can Save the World, Bloomsbury Press, →ISBN, Foreword, page viii:
      At its best, philanthrocapitalism reinforces and amplifies the time, money, skills, and gifts given every year by people who are not rich, and it informs and enhances government policies.
    • 2010 August 5, Peter Wilby, “The rich want a better world? Try paying fair wages and tax”, in The Guardian‎[1]:
      "Philanthrocapitalism", as it has been called, veers towards tackling symptoms of poverty and distress rather than underlying causes.
    • 2021, Georgina Adam, The Rise and Rise of the Private Art Museum (Hot Topics in the Art World), Chicago: Lund Humphries, →ISBN:
      ‘Philanthrocapitalism’—when donors apply the business techniques they honed in their professional lives to charitable giving—has made a major impact on how the rich choose to give money, and to what causes. […] But the problem is that philanthrocapitalism is an uneasy fit with culture, which has always struggled to prove its worth in a way that can be quantified.

Further reading

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