Giridharadas calls this prevailing ethos “MarketWorld,” made up of people who want “to do well and do good.” He beautifully catches the language of Aspen, Davos and the recently extant Clinton Global Initiative, which will doubtless reappear in the newly born Bloomberg initiative.
It’s a land of PowerPoint presentations and cuddly good intentions. The chief executive of Cinnabon thinks that being transparent about the fat and sugar she peddles offsets the harm her company creates. The Sacklers helped create the opioid crisis but give money to important causes. In a series of chapters centered on different individuals who are part of this rarefied class, Giridharadas exposes the rationalizations of the 0.001 percent who actually believe they are making the world a better place. I suggest they might want to read a copy of this book while in the Hamptons this summer.
For those at the helm, the philanthropic plutocrats and aspiring “change agents” who believe they are helping but are actually making things worse, it’s time for a reckoning with their role in this spiraling dilemma.
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