Joel Kotkin Talks with Philanthropy Daily
By: Michael E. Hartman
Earlier this month, author Joel Kotkin contributed to The Giving Review symposium of articles about “Conservatism and the Future of Tax-Incentivized Big Philanthropy.” In his contribution, “The nonprofit threat,” Kotkin examines the causes and effects of the rise of new money in America, the psychology of those who earned or have been given it, and what they and their philanthropy run the risk of doing to democracy, capitalism, and role of elites in society.
Among those with newly generated wealth mostly on the West coast, “what you’ve got is, you’ve got a common culture of progressive, very often highly educated, politically motivated people, all of whom sign on to essentially the same agenda,” Kotkin told me, which is reflected in and implemented through their funding priorities.
Watch this interview: