Marriage of Philanthropy and Capitalism Looks to Remain Healthy in the Years Ahead

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Philanthrocapitalism “may not survive the crisis.” That was the gloomy prediction in 2009 made by the British social-innovation guru Geoff Mulgan.

The boom in giving by the super-rich and do-gooding by corporations that we had described in our book Philanthrocapitalism just a few months before, he and others believed, was just a passing fad of the gilded era that was drawing to a close in the aftermath of a widespread financial collapse and economic slump. Nearly

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