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Capitalist Philanthropy and Hegemonic Partnerships

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  • Behrooz Morvaridi

Abstract

Over the past 10 years individual capitalists have become increasingly involved in philanthropy, setting up charitable foundations targeted at helping to reduce social problems such as poverty, disease and food security. This form of neoliberal capitalist philanthropy is both politically and ideologically committed to market-based social investment through partnerships, to make the market work or work better for capital. The new structures of philanthropy have received much praise in the media for imbuing capitalist business principles into the non-profit sector and for their potential for social transformation. While philanthropic activities may be considered worthy in themselves, this article examines the relationship between giving and business interest and the agency associated with neoliberal capitalist philanthropy. It questions partnerships between philanthropists and private corporations and their motivations for engaging in poverty-related philanthropy. The discussion focuses on capitalist philanthropic foundations' involvement in the process of agricultural commodification in sub-Saharan Africa through the New Green Revolution and genetically modified (gm) technologies.

Suggested Citation

  • Behrooz Morvaridi, 2012. "Capitalist Philanthropy and Hegemonic Partnerships," Third World Quarterly, Taylor & Francis Journals, vol. 33(7), pages 1191-1210.
    • Handle: RePEc:taf:ctwqxx:v:33:y:2012:i:7:p:1191-1210
    DOI: 10.1080/01436597.2012.691827
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    Cited by:

    1. Admos Chimhowu, 2013. "Aid for Agriculture and Rural Development: a Changing Landscape with New Players and Challenges," WIDER Working Paper Series wp-2013-014, World Institute for Development Economic Research (UNU-WIDER).
    2. Helena Liu & Christopher Baker, 2016. "Ordinary Aristocrats: The Discursive Construction of Philanthropists as Ethical Leaders," Journal of Business Ethics, Springer, vol. 133(2), pages 261-277, January.
    3. Behrooz Morvaridi, 2016. "Does sub-Saharan Africa need capitalist philanthropy to reduce poverty and achieve food security?," Review of African Political Economy, Taylor & Francis Journals, vol. 43(147), pages 151-159, January.
    4. Arun Kumar, 2018. "Pragmatic and Paradoxical Philanthropy: Tatas’ Gift Giving and Scientific Development in India," Development and Change, International Institute of Social Studies, vol. 49(6), pages 1422-1446, November.

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