Is philanthropy soluble in capitalism?

Based on the fight against famine, the Bill Gates Foundation invests heavily in GMOs in Africa. It reveals an exciting survey for looking at art. Decryption, with researcher Orion Guillboud, revolves around the concept of “benevolent capitalism.”

Is benevolent capitalism the future of mankind? Some American billionaires seem to believe. Like Bill Gates, whose foundation invests heavily in health or medical research. The “good works” generate millions of dollars, including many more countries and mediators and invite themselves into international public policy. Without rendering all these accounts, as demonstrated by the brilliant investigation Africa, GMO and Bill Gates, Broadcast on Tuesday, June 21 in Art. We have specifically explored how the fourth fate of the world (in 2021) is creating a GMO planting program in Uganda with the help of Bayer-Monsanto on the pretext of tackling famine or scarcity. A wild and speculative benevolent capitalism, especially the author Business Partners. Non-governmental organizations and world health governance (Ed. Presses de Sciences Po, 2015).

How do we define philanthropic capitalism?
It is a specific method of philanthropy that integrates the systems, principles and tools of capitalism. If the term appeared with the Bill Gates generation in the 1990s, the practice has existed in the United States since the early 20th century.e Century Rockefeller or Forbes Foundation, built on the tradition of wealthy founders, has declared that they want to solve some social problems. They set up operations to ensure the welfare of the people. It has been transformed into activities in the field of health, education, etc. There was a religious motive behind it but also a desire to maintain social peace. Quickly, these foundations have committed themselves internationally by raising funds for the Rockefeller Foundation to enable it to fight parasitic diseases such as malaria.

“Capitalism has evolved and with it philanthropy.”

Today, have their successors not made it a very international norm?
We can effectively say that they place their activities on a global scale and that they participate in foreign policy or under the influence of the United States in the world. Capitalism has evolved and with it philanthropy. Established programs emphasize efficiency or financial guarantee. These are conducted as a business and involve many intermediaries with different interests.

Professor Justin Pita at the WAVE (African Virus Epidemiology) Laboratory in Abidjan.

Photo by Pascal Cardaus / Slugnews

How to avoid excesses like the ones mentioned in the movie?
The problem is only the will of the pro-people capitalists. It starts with all the women and men who have decided to spend their money according to their center of interest, their vision of social progress and society’s own model. They choose and have no control system, especially democratic.

Does the financial strength of the benefactors make them untouchable?
Their vast wealth is, in fact, the basis of their power. They also know how to stage and highlight their various activities. Bill Gates, for example, widely promoted his foundation, organized major communications campaigns, organized players, and was invited to world summits or major intergovernmental organizations. His foundation is the second largest contributor to the World Health Organization (WHO) biennial budget and finances a wide variety of actors, such as NGOs, the media, universities or public-private partnerships, in subsidy policy. It also happens to agree directly with the government. When working toward a significant social impact, the question of transparency of funding choices may arise.

“In health and research, there are a few projects that are not funded by the Gates Foundation.”

Don’t these foundations ultimately replace state and political action in health or agriculture?
If the Bill and Melinda Gates Foundation had such importance in the WHO, its members would have been happy to find funding other than their own. Some did not hesitate to reduce their investment. Even an interdependence has been created. It’s not without asking questions. These philanthropists act as intermediaries between the political elite, the private sector, and corporations. In the field of health and research, there are a few projects that are not funded by the Gates Foundation, which are also sought by government authorities. Finally, it is important to remember that all of these charitable foundations were born because they allow tax benefits and tax breaks to benefit them. A portion of the money spent therefore leads to revenue loss for the government.

Darlene Kasem, a WAVE program cassava field activist.

Darlene Kasem, a WAVE program cassava field activist.

Photo by Pascal Cardaus / Slugnews

After all, what should we think instead of rejoicing in the universality of these foundations?
It is difficult to give a definite answer. There are reasons for concern, such as the lack of control and the controversy surrounding the way decisions are made and implemented. There is a vision of the world that is carried behind. Even a little arrogance revolves around a person who declares, why not sincerely, wants to solve the world’s biggest problems.

What is the future of benevolent capitalism?
This is not a threat of extinction. It will continue to change and eventually develop on the basis of pressure on capitalism. The question is to what extent society will eventually open the debate on this practice and the space it occupies. Are we ready to set limits, control or demand a little more transparency? There is a kind of ambiguity between the ways and the ends of both philanthropy and capitalism.

There is
r Africa, GMO and Bill Gates, By Jean-Baptiste Renaud, 55 minutes, June 21 at 11:20 pm Art

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