Opinion | the Impossible Math of Philanthropy - The New York Times

In the United States, more and more of these services and systems have been underfunded publicly (by taxes), and so philanthropy has stepped in. These are two sides of the American historical coin: we underinvest in our shared public systems while we celebrate individual generosity. This places a burden on voluntary acts and giving that is both too

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To be clear, I’d rather live in a world where corporations and billionaires put their money toward some public benefit than live in a world where they operate exactly the same but make zero social impact. That said, adding a charitable initiative to a business model that relies on extractive and harmful practices is a bit like frosting a rotten cak

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