Robert Reich: Is it time to rethink philanthropy?

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​Philanthropy is often driven by the idiosyncratic pet notions of the very rich. It is an exercise of power that deserves our scrutiny, not our automatic gratitude.

Why do well-off public schools often demand that parents supplement school programs with personal contributions? Why do many rare diseases receive the lion’s share of donor attention and money? Is basic science being driven by the whims of big donors?

These are questions that keep Stanford political philosopher Rob Reich up at night. Reich says that philanthropy is at an ethical crossroads in which the heart often leads the head in determining which causes get showered with money while other, perhaps more deserving, ones go without.

Join host Russ Altman and Rob Reich for a look at the promise and peril of philanthropy and what can be done to make it serve rather than subvert democracy.

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