Philanthrocapitalism

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Investing in social programs that demand return on investment over the long term, or through secondary benefits from investing in the program. Originally called "venture philanthropy" by Rockefeller, demands careful monitoring of the programs to ensure long term sustainability and benefits. Charity to be modelled more closesly on capitalist economy models.

[edit] Sources

• http://www.economist.com/surveys/displaystory.cfm?story_id=5517656

Those interested in the phenomenon of philanthrocapitalism can consult a new website at http://www.justanotheremperor.org which contains links to a free download of a new book called "Just Another Emperor? The Myths and Realities of Philanthrocapitalism" by Michael Edwards, and an online dialogue about the issues raised in the book that is being hosted by Non-Profit Quarterly in the United States. There is also a debate about philanthrocapitalism running on openDemocracy at http://www.opendemocracy.net.