Word Spy – philanthrocapitalism

n. Philanthropy that uses the principles, models, and techniques of capitalism. Also: philanthro-capitalism. [Blend of philanthropy and capitalism.]
—philanthrocapitalist n.

Example Citations:
Much of the strength of the philanthrocapitalism movement lies in the effort to remodel the philanthropic paradigm, and to offer a new vocabulary, a new mind-set, and new mechanisms for approaching traditional work. Reform of the philanthropic sector was, no doubt, long overdue. But the risk of advocating philanthrocapitalism without skepticism is that the movement could devolve into something like Tom Lehrer’s old joke about the new math: that it could become more important to “understand what you’re doing rather than to get the right answer.”
—Richard Tofel, “The New Face of Philanthropy,” The New York Sun, September 26, 2008

Published by Soumitri Varadarajan

Soumitri lives in Melbourne, Australia - #probonodesign #codesign #sustainability #patientexperience #quantifiedself #mdg

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