Meaning of philanthrocapitalism | Babel Free

Definitions

The philosophy of applying capitalist style objectives and criteria to directing philanthropic enterprises.

neologism, uncountable

Examples

“At its best, philanthrocapitalism reinforces and amplifies the time, money, skills, and gifts given every year by people who are not rich, and it informs and enhances government policies.”

“"Philanthrocapitalism", as it has been called, veers towards tackling symptoms of poverty and distress rather than underlying causes.”

“‘Philanthrocapitalism’—when donors apply⟳ the business techniques they honed in their professional lives to charitable giving—has made a major impact on how the rich choose⟳ to give⟳ money, and to what causes. […] But the problem is that philanthrocapitalism is an uneasy fit with culture, which has always struggled to prove⟳ its worth in a way that can be quantified.”

CEFR level