Jul 31
20121
Foundations, Non-Profit Industrial Complex
Aid Capitalism CSR Denialism Foundations Gramsci Non-profit Industrial Complex
Non-Profit Corporate Power: Sheep in Wolf’s Clothing?
November 16, 2010
by Michael Barker
Why do corporations give billions of dollars to charitable foundations every year? Does it make their profit-making activities less exploitative? In the first of a monthly series of columns investigating corporate power, Michael Barker looks at non-profit foundations.
I would argue that the answer is ‘no’; corporate profit gained at the expense of humans can never be justified by such philanthropic gestures. No doubt such noblesse oblige is allocated by some elites with noble intentions; but if the price for such charity is for its recipients to ignore economic exploitation, then it is hardly distributed with altruistic intentions. Instead it is given with economic intent to profit more handsomely from a workforce, in a manner that assuages each individual capitalist’s desire to feel (and advertise) their own neglected humanity. →