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Corporate Philanthropy of Robber Barons

digitalcommons.sacredheart.edu /cgi/viewcontent.cgi

why porkies get into philantropy? it seems that the answer is not "because they're philantropists!"

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4 comments
  • I’m going to bed so I don’t have time to answer. But to answer this question is to explain what philanthropy really is, instead of what it pretends to be.

  • PR naturally. This is what I mean when I think corporations are only woke to deflect criticism

  • Maybe someone somewhere has made a comprehensive list of reasons porkies do philanthropy. The word philanthropy largely implies that we talking about porky’s ill-gotten gains and not our wages. AFAIK the major reasons are PR; tax advantages; backdoor investment; ego fulfillment; and power, both in terms of wielding it and in accumulating more of it.

    As usual, Second Thought’s video provides links for deeper dives: Why Billionaire Philanthropy Won't Solve Anything

    Edit to add: Oh, this was a link to an answer. I thought you were asking a question 😄