By Howard Husock
In what amounts to a mea culpa New York Times op-ed, Peter Buffett, Warren Buffett’s son and overseer of his own philanthropic foundation, denounces the “charitable industrial complex” as little more than a conscience-salve for the rich. His evidence: that there are more non-profit organizations than ever receiving more funds and employing more people–but human suffering nonetheless continues. “As more lives and communities are destroyed by the system that creates vast amounts of wealth for the few, the more heroic it sounds to ‘give back’”. His vague corrective is not, he assures, an end to capitalism– –but an infusion of “humanism”.
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