View Single Post
Old 08-23-2013, 09:52 PM   #3190
Cin
Senior Member

How Do You Identify?:
Butch
Preferred Pronoun?:
she
Relationship Status:
Truly Madly Deeply
 
2 Highscores

Join Date: Aug 2011
Location: In My Head
Posts: 2,814
Thanks: 6,333
Thanked 10,404 Times in 2,476 Posts
Rep Power: 21474851
Cin Has the BEST ReputationCin Has the BEST ReputationCin Has the BEST ReputationCin Has the BEST ReputationCin Has the BEST ReputationCin Has the BEST ReputationCin Has the BEST ReputationCin Has the BEST ReputationCin Has the BEST ReputationCin Has the BEST ReputationCin Has the BEST Reputation
Default

How Billionaire 'Philanthropy' Is Fueling Inequality and Helping To Destroy the Country
Much of philanthropy today has become a weapon in the class warfare of the 1 percent.


A closer look at how the world’s wealthiest are choosing to give away their money provides clues. While pretending to fix inequality, contemporary philanthropy’s actual role has been to strengthen the arrangements that make gross inequality possible in the first place. It has become a weapon in the class warfare of the 1%, the carrot to win people over to their ideology complementing the stick of political spending to coerce them into the same.

The Koch brothers

David and Charles Koch, together worth $35 billion, have perfected this philanthropic misanthropy perhaps better than anyone else. Their Kansas-based Koch Industries is the second largest private company in the country after Cargill, with annual revenues estimated to surpass $100 billion. Together they control thousands of miles of oil pipelines from Alaska to Texas; fertilizers, minerals and biofuels; Brawny paper towels, Dixie cups and Lycra.

A research team at American University found that from 2007 to 2011, Koch foundations gave $41.2 million to 89 nonprofits and sponsored an annual libertarian conference. The report details how Koch Industries’ $53.9 million federal and state lobbying budget routinely goes hand-in-glove with Koch-affiliated nonprofits’ “public advocacy” for reasons having little to do with the public and everything to do with the brothers’ sprawling business interests. Koch lobbyists advocate for bills like the Energy Tax Prevention Act — which sought to roll back the Supreme Court ruling allowing EPA regulation of greenhouse gases — that are then supported in congressional testimony by “experts” from Koch-funded nonprofits.

http://http://www.alternet.org/econo...thropy-trouble
Cin is offline   Reply With Quote
The Following User Says Thank You to Cin For This Useful Post: