Fixing Philanthropy : Six Principles for Actually Improving the World When Giving Away Money
« Philanthropy can only change if philanthropist do. » The new book of two partners of Altruist League – Ekaterina Chernova and Milos Maricic – explore a way through philanthropy to fit with the actual challenges of the world. In Fixing Philanthropy : Six Principles for Actually Improving the World When Giving Away Money, they follow the six principles of New Philanthropy to improve the sector :
- A change theory that fits the world, which need a coordinated action across the entire society. New philanthropists trust in progress, but care about it being evenly spread and think about the risks for humanity.
- A proactive focus on systemic problems, such as climate change, systemic injustice and the inadequate political machinery.
- A trust in New Power, by listening to commmunities and avoiding the traditional top-down approach. The understanding and supporting of social movement is essential, as catalyst for systemic change.
- An intrinsic motivation, nourrished by core ethical values, solving difficult problems, a sense of leaving legacy and an opportunity of creativity.
- Alliances, as systemic change needs broad coalitions between governments, corporations, international organizations and civil society,
- Literacy with new concepts and technologies, which help philanthropist to adopt flexible investment instruments and approaches.
The book tries a new approach of philanthropy to answer actual challenges, and let aside the actual obsolete philanthropy. It predicts upcoming splits in the field with a growth of true financial altruism.
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