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The Commonwealth Club

110 The Embarcadero

San Francisco, CA 94105

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Rob Reich, Professor of Political Science and Philosophy, Graduate School of Education at Stanford University; Director, Center for Ethics in Society at Stanford University; Co-Director, Center on Philanthropy and Civil Society at Stanford University; Author, Just Giving: Why Philanthropy is Failing Democracy and How It Can Do Better

Is philanthropy, by its very nature, a threat to democracy? Though we may laud wealthy individuals who give away their money for society’s benefit, Rob Reich shows how such generosity not only isn’t the unassailable good we think it is, but it might also undermine democratic values. Big philanthropy is often a conversion of private assets into public influence—a form of power that is largely unaccountable and tax-advantaged. And small philanthropy, or ordinary charitable giving, can be problematic as well. These outcomes are shaped by the policies that define and structure philanthropy.

Reich asks: What attitude and what policies should democracies have concerning individuals who give money away for public purposes? Differentiating between individual philanthropy and private foundations, Reich suggests that the goal of mass giving should be the decentralization of power in the production of public goods, such as the arts, education and science. For foundations, the goal should be long-term horizon innovations that enhance democratic experimentalism. Reich concludes that philanthropy, when properly structured, can play a crucial role in supporting a strong liberal democracy.

Location: 110 The Embarcadero, Toni Rembe Rock Auditorium, San Francisco
Time: 5:30 p.m. check-in, 6 p.m. program, 7 p.m. book signing
MLF: Humanities
Program organizer: George Hammond

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The Commonwealth Club

110 The Embarcadero

San Francisco, CA 94105

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