The Problem with Modern Philanthropy (Originally aired May 24, 2017)

Guest: David Callahan, Founder and Editor of "Inside Philanthropy" and author of “The Givers: Wealth, Power, and Philanthropy in a New Gilded Age” A few weeks ago, big names like Bill Gates, eBay’s first president, Jeff Skoll, the Rockefeller Foundation and others founded “Co-Impact,” a charitable organization that focuses on pooling generous donations from wealthy donors in order to streamline philanthropy for global needs. This concept is popular now among other billionaires as well, including Mark Zuckerberg and Warren Buffett.  But author David Callahan warns of a dark side to such unprecedented generosity in American society. \`