Elsewhere online
February 18, 2016

Gifts From Tech Moguls Are More About Power and Self-Interest, Say Critics

Critics of "philanthrocapitalism" are calling for technology billionaires to be more accountable to the communities they financially support, according to The Christian Science Monitor

By running their charitable enterprises like businesses, moguls such as Bill Gates and Mark Zuckerberg try to exert more personal control over how their dollars are spent than did philanthropists of the past, critics say. And their philanthropy tends to benefit private corporations, according to skeptical observers.