hermit1986 on Nostr: Dear traveler: When a big company engages in philanthropy, it might seem like ...
Dear traveler:
When a big company engages in philanthropy, it might seem like something good and positive, as it benefits many sectors: health, education, social programs, real state, arts and culture.
But if you know where to look, you’ll find that there are other, usually darker motives that tend to cause more harm than good.
Why would a very wealthy entity do philanthropy in these very specific sectors? Why not just give it to charity?
Are they doing it just for social responsibility, legacy and reputation? Financial benefits? Or power and Influence? Maybe consolidating a monopoly?
The devil is in the details, as they say.
Published at
2023-06-24 06:57:32Event JSON
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"content": "Dear traveler:\n\nWhen a big company engages in philanthropy, it might seem like something good and positive, as it benefits many sectors: health, education, social programs, real state, arts and culture. \n\nBut if you know where to look, you’ll find that there are other, usually darker motives that tend to cause more harm than good. \n\nWhy would a very wealthy entity do philanthropy in these very specific sectors? Why not just give it to charity?\n\nAre they doing it just for social responsibility, legacy and reputation? Financial benefits? Or power and Influence? Maybe consolidating a monopoly?\n\nThe devil is in the details, as they say.",
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