No Such Thing as a Free Gift: The Gates Foundation and the Price of Philanthropy, by Linsey McGoey
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No Such Thing as a Free Gift: The Gates Foundation and the Price of Philanthropy, by Linsey McGoey
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Philanthro-capitalism: How charity became big businessThe charitable sector is one of the fastest-growing industries in the global economy. Nearly half of the more than 85,000 private foundations in the United States have come into being since the year 2000. Just under 5,000 more were established in 2011 alone. This deluge of philanthropy has helped create a world where billionaires wield more power over education policy, global agriculture, and global health than ever before.Charities link the farmers in Africa to the boardrooms of corporate foundations and the corridors of the World Economic Forum at Davos. Far from being selfless, plutocratic philanthropy may be the ultimate profit-making tool.In No Such Thing as a Free Gift, author and academic Linsey McGoey puts this new golden age of philanthropy under the microscope—paying particular attention to the Bill and Melinda Gates Foundation. As large charitable organizations replace governments as the providers of social welfare, their largesse becomes suspect. The businesses fronting the money often create the very economic instability and inequality the foundations are purported to solve. We are entering an age when the ideals of social justice are dependent on the strained rectitude and questionable generosity of the mega-rich.
No Such Thing as a Free Gift: The Gates Foundation and the Price of Philanthropy, by Linsey McGoey- Amazon Sales Rank: #229384 in Books
- Published on: 2015-10-20
- Released on: 2015-10-20
- Original language: English
- Number of items: 1
- Dimensions: 8.49" h x 1.10" w x 5.77" l, .81 pounds
- Binding: Hardcover
- 304 pages
Review “The charitable model represented by the Gates Foundation is failing to address the root causes of inequality and ecological crisis. This path-breaking book is a sorely needed, historically grounded investigation into the difference between philanthropy and justice.” —Naomi Klein, author of This Changes Everything and The Shock Doctrine “Fierce … provocatively examines the power imbalances and ambiguities of charitable giving … a clear-eyed and much-needed study.”—Andy Beckett, Guardian “On both the left and the right, social critics sense that there is something deeply corrupt in the way we live now … With extraordinary insight and original investigation, Linsey McGoey understands how this twenty-first century mess was made. Her voice is reasoned and never shrill, her research is solid, and her courage is remarkable. Rather than spin far-fetched conspiracy theories, she simply shows what the oligarchs are doing in plain sight, which is frightening enough.”—Jonathan Rose, author of The Intellectual Life of the British Working Classes “McGoey correctly questions whether Big Government would, in fact, be more efficient than Big Philanthropy in addressing the rise of inequality.” —New Republic “It’s worth hearing what she has to say, because it’s not said enough … we give too little scrutiny to people like Gates, and too much credence to the idea that philanthrocapitalism can ‘save the world.’” —Fast Company“Picking up the cudgels wielded by Ida Tarbell and her fellow trustbusters, McGoey produces a startling report.”—Kirkus “A timely criticism of a society that allows an individual to accumulate such a distorting amount of financial power; it is an indictment of unaccountable power.”—Maclean’s “A brave, intelligent and important book that raises vital questions about the full impact of a key source of the world’s public health funding. As the book shows the drive to do good can raise a host of ethical and policy questions—many of which have not been considered or even acknowledged prior to this book.”—Arthur Caplan, New York University “A book that is by equal measure provocative and compelling that finally gives a voice to concerns that many have silently harbored … charts the speed of the Foundation’s emergence and influence with conceptual fluency and historically referenced gusto that in parts left me gobsmacked.”—Sophie Harman, Queen Mary, University of London“Impeccably researched and beautifully written, Linsey McGoey’s book is the best and most complete examination of the Gates Foundation and the workings of big philanthropy. A must-read for anyone concerned with where the world is heading.”—Michael Edwards, Distinguished Senior Fellow, Demos “In this valuable, dense, but accessible book, McGoey illuminates a major cultural shift in leadership and control of power in the US. Highly recommended.” —Choice “A lively and well-argued antidote to the comfortable but superficial assumption that giving money away is, by definition, good: it helps you understand why things are more complicated than that.”—Third Sector
About the Author Linsey McGoey is a Senior Lecturer in Sociology at the University of Essex. She has been a member of the World Health Organization’s expert steering group on the impact of a human rights–based approach to maternal and children’s health. She has published reviews and op-eds for the Guardian, Spectator, Globe and Mail and Open Democracy.
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Most helpful customer reviews
16 of 18 people found the following review helpful. Boys and their toys By David Wineberg One of the immutable rules of the universe is that nothing ever turns out the way it first seems. So with philanthropies, according to Linsey McGoey in No Such Thing As A Free Gift. The super-rich are out to benefit themselves and their companies, blaming government for failing to address issues, while criticizing them for spending anything on those issues (and not giving them and their firms enough breaks). McGoey uses the whipping boy of The Gates Foundation, which has its own agenda, and outspends governments and in some instances the UN. Its influence is enormous, but its strategy leaves the field cold. Bill Gates’ “obsession” with polio has meant poor attention given to more immediate needs, such as HIV. Some call this obsession the biggest obstacle to lower priced HIV treatment in the world: “The Gates Foundation just leaves chaos. Not only is it changing the ideology of public health – it is deinstitutionalizing public health.” The same feelings are expressed in education, where Gates has run rampant and unchecked.The charges against Gates boil down to a spoiled brat spending to please himself. Programs and purchases are made to benefit Microsoft and Coca-Cola, which the foundation stands to inherit from board member Warren Buffet. Its grants are made to US firms, three times more often than to local ones, on the ground where the need is both better understood and immediate. Much like government aid that must be used to purchase US goods and be shipped by US transport, The Gates Foundation benefits Americans more than Africans or Asians.McGoey says Gates follows the footsteps of Andrew Carnegie, the great philanthropist who famously had Pinkertons shoot his employees for striking. He cut their already miserable wages by two thirds, at a time when his company enjoyed a tripling of revenues, all so he could continue to perform his munificent philanthropy. He built libraries, in his own name, all over the country. Today, all kinds of new billionaires take up highly targeted pet causes, with little regard for overall impact, goals or co-ordination, in exchange for massive tax relief. This steals from government revenues while enriching favored suppliers, cronies and politicians. We call this efficiency, and the rich congratulate themselves over it at conferences like Davos. In their minds, they are performing far better than government could. Meanwhile, education and healthcare workers strive to undo the mess they create and leave behind when they get restless.The book reaches out in many directions, following the money in long tangents. The focus on Gates is valid, but in many ways unfair. The whole sector operates this way. For example, nearly a third of funders are invitation-only; new programs need not apply. Philanthropy is no less corrupt than transnational corporations, politicians or the dictators they support, which is hardly comforting. It makes No Such Thing As A Free Gift both revealing and uncomfortable. If our charities are this misleading, what is left?David Wineberg
5 of 5 people found the following review helpful. A Detailed Look at the Large Foundations By Craig Stephans McGoey goes into significant detail to demonstrate the ins and outs of large foundations and their positive and negative effects. While concentrating often on the Gates Foundation, she explores the history of foundations and how they have evolved to be influential players in many areas of domestic and international aid, politics, business and stature. Throughout the book, the author seems to be seeking the answer to the question of whether foundations mostly benefit the poor or the providers and their own agendas and stature. The answers seem to create a mixed bag of results and perceptions. There are no doubts that those behind the large foundations wield considerable power and influence that can be used for good and bad, altruistic and self-serving purposes.McGoey really zeroes in on some particular areas of aid such as health provisions and agricultural help internationally to see the intricacies of how the lines between altruism and self-serving promotion are not so easily determined. She also explores the backgrounds of how some of the larger foundations came to exist -- for example through less than ethical business practices. The book paints a picture of the enormous wealth of the wealthiest 1% and how foundations serve their own purposes. Again, the focus is largely on Bill Gates and his story of amassing a fortune and giving away a lesser but significant fortune.In the end, readers will have a better understanding of the role foundations play and will be able to make a more educated analysis of how they fit into our economy and social system. I think what we learn is what the author quotes from one of the opportunists she discusses, "Generosity can be very profitable." The book highlights how the wealthy use foundations to protect huge slush funds of wealth to be used beneficially according to their definition of beneficial.
4 of 4 people found the following review helpful. Who's profitting the most from the Gates Foundation? By Neal Reynolds It would appear that philanthropy is good business. Linsey McGoey would seem to suggest that this is the underlying factor guiding the Gates Foundation. This is energetic positive writing backed by authentic research. We're given a whole lot to think about here, and not all of it is what Bill Gates wants us to think about.I do think this is an important book. A lot of it may well be one woman's opinion. However, she does back her opinion up well with a lot of data.Do read this. Make up your own mind as to whether she fairly makes her case or not. The important thing is to consider the flip side of the coin. Do read this.
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