philanthrocapitalism

English edit

Etymology edit

Blend of philanthropy +‎ capitalism.

Noun edit

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.

Related terms edit

Further reading edit