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  1. Indeed, according to Acs, philanthropy is an underappreciated economic force that strengthens American capitalism in two ways: by supporting entrepreneurship through investments in universities, basic research, and innovation; and by redistributing accumulated wealth into opportunity-creating investments.
    philanthropynewsdigest.org/features/book-reviews/…
    The new philanthropy is built on the premise that the very, very wealthy—not just the top 1 percent, but the top.01 percent—are uniquely positioned to create social change by using their resources and networks to leverage public money and to create new infrastructure for public-policy design and delivery.
    ssir.org/books/reviews/entry/philanthropy_and_ine…
     
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