Posts tagged The New Yorker
Gospels of Giving for the New Gilded Age

During the “Gilded Age”, Andrew Carnegie, one of the wealthiest Americans to have ever lived, shared his thoughts on philantrhopy and how it should be carried out. Today is known as the “Second Gilded Age”, where the super wealthy are able to give large sums to causes of their choosing and recieve large tax breaks in return. With the legal definition of philanthropic organzation being murky at best, how can we be sure that the growing amount of money being funneled into more and more foundations are actually socially beneficial?

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