Preface; CHAPTER ONE: Irrational Exuberance: The Rise of "Philanthrocapitalism"; CHAPTER TWO: The Good, the Bad, and the Ugly: When Business Thinking Advances Social Change -- and When It Doesn't; CHAPTER THREE: Missing Evidence: The Change That Philanthrocapitalism Doesn't Make; CHAPTER FOUR: The High Cost of Mission Drift: Why Human Values and Market Values Don't Mix; CHAPTER FIVE: The Difference That Makes the Difference: The Decline of Philanthrocapitalism and the Rise of Citizen Philanthropy; Acknowledgments; Notes; Index; About the Author.
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A new movement is afoot that promises to save the world by applying the magic of the market to the challenges of social change. Its supporters argue that using business principles to solve global problems is far more effective than more traditional approaches. What could be wrong with that? Almost everything, argues former Ford Foundation director Michael Edwards. In this hard-hitting, controversial expose, he marshals a wealth of evidence to reveal that in reality, a market approach hurts more than it helps. Real change will come when business acts more like civil society, not the other way.