Philanthrocapitalism: How Giving Can Save the World

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From Buffett to Bono, how today's leading philanthropists are revolutionizing the field, using new methods to have a vastly greater impact on the world.For philanthropists of the past, charity was often a matter of simply giving money away. For the philanthrocapitalists--the new generation of billionaires who are reshaping the way they give--it's like business. Largely trained in the corporate world, these "social investors" are using big-business-style strategies and expecting results and accountability to match. Bill Gates, the world's richest man, is leading the way: he has promised his entire fortune to finding a cure for the diseases that kill millions of children in the poorest countries in the world. In "Philanthrocapitalism, " Matthew Bishop and Michael Green examine this new movement and its implications. Proceeding from interviews with some of the most powerful people on the planet--including Gates, Bill Clinton, Warren Buffett, Oprah Winfrey, and Bono, among others--they show how a web of wealthy, motivated donors has set out to change the world.

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