Philanthropy, Twiggy and the future
The value of philanthropy is an interesting question, on the hand, why should the wealthy be able to use their money to influence social change, particularly as they are not democratically accountable. On the other hand ‘philanthropic dollars can be used in a very different way to government dollars, precisely because they are not subject to the same sort of accountability’. Twiggy Forrest donation: more philanthropy means more risk-taking – and that’s good looks at where philanthropy may be heading in Australia.