Anthony Tomei writes about the changing global economic structure and how it relates to philanthropy:
The collapse of Lehman Brothers in 2008 seems to mark a symbolic moment at which the world changed. The changes were felt very differently in different parts of the world, but it seems likely that the resulting shift in the balance of economic power will turn out to be permanent. What about philanthropy?
Five years on, how do things look? How have foundations responded? Have they changed the way they see their role and the way they do things? These are the questions this Alliance special feature sets out to explore. Three themes that emerge from the articles are the need for philanthropy to address growing inequality, a tendency to see philanthropy in terms of investment rather than grantmaking, and the need for cooperation and partnership, especially with government.
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