For philanthropists of the past, charity was often a matter of simply giving money away. For 'philanthrocapitalists' - the new generation of billionaires who are reshaping the way they give - it's like business. Largely trained in the corporate world, these 'social investors' are using big-business-style strategies and expecting results and accountability to match.
In Philanthrocapitalism, Matthew Bishop and Michael Green examine this new movement and its implications. Proceeding from interviews with some of the most powerful people on the planet - including Bill Gates, Bill Clinton, George Soros, Angelina Jolie, and Bono, among others - they show how a web of wealthy, motivated donors has set out to change the world. This paperback edition includes a new foreword by Bill Clinton.
"Everything you need to know about the revolution underway in the world of philanthropy—its potential as well as its challenges. An indispensable book for anyone who cares about helping the world’s four billion poor get a chance to live their dreams.” —Hernando de Soto, author of The Mystery of Capital
“A terrific book about how private money can help solve even the most difficult public problems. Philanthrocapitalism is the definitive guide to a new generation of philanthropists who understand innovation and risk-taking, and who will play a crucial part in solving the biggest problems facing the world.”—Mayor Michael Bloomberg
“Important. Well-written. Timely. Here in this wonderful book, Matthew Bishop and Michael Green shine a light on sparkling examples of effective philanthropy, and how some of the most accomplished people are trying to solve the world's most intractable problems. A superb portrait of a vital new force shaping the world today, Philanthrocapitalism deserves to be widely read.”—Jim Collins, author of Good to Great
Matthew Bishop
Matthew Bishop is the US Business Editor and New York Bureau Chief of The Economist, and the co-author, with Michael Green, of several acclaimed books, including "Philanthrocapitalism: How Giving Can Save the World" and "The Road From Ruin". His first e-book, again written with Mr Green, is "In Gold We Trust? The Future of Money in an Age of Uncertainty", which will be published by Amazon and The Economist in March 2012.
Mr Bishop is also the author of "Essential Economics", the official Economist guide to economics. He has also written several of The Economist's special report supplements, including most recently The Great Mismatch, about the future of jobs; A Bigger World, which examines the opportunities and challenges of the rise of emerging economies and firms; The Business of Giving, which looks at the industrial revolution taking place in philanthropy; Kings of Capitalism, which anticipated and analyzed the boom in private equity; and Capitalism and its Troubles, an examination of the impact of problems such as the collapse of Enron.
A regular participant in events such as the World Economic Forum and the Clinton Global Initiative, Mr Bishop is in demand around the world as a speaker, and has a growing following on Twitter, where he tweets as @mattbish
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Michael Green
Michael Green is an economist and writer, based in London. He is an adviser to the Big Society Network and a fellow of the Royal Society of Arts.
Michael has worked in aid and development for nearly twenty years. He was a senior official in the British Government where he worked on international finance, managed UK aid to Russia and Ukraine, served three Secretaries of State as head of the communications department at the Department for International Development, and oversaw £100 million annual funding to nonprofits. It was through his role in government that he saw the rising influence of the philanthrocapitalists in the fight against poverty.
An economist by training, as a graduate of the University of Oxford, Michael taught economics at Warsaw University in the early 1990s under a Soros-funded programme. During his time in Poland, Michael was also a freelance journalist working for, among others, Polish Radio and the Economist.
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