Summary:
The book critically examines the belief that market-based solutions and corporate philanthropy can effectively address social problems, arguing that such approaches often fall short and can even exacerbate issues. It advocates for a return to civic engagement and traditional philanthropy that prioritize social justice and systemic change over profit-driven models.
Key points:
1. Philanthrocapitalism Flaws: Edwards argues that applying business strategies to social issues often favors profits over community needs and undermines democracy. He believes business can help but shouldn't be the main fix for societal problems.
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