
Contents
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Seven The role of confidence and identity in civic participation: exploring ethnic group differences
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Introduction Introduction
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Definitions and the relevance of philanthropy Definitions and the relevance of philanthropy
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The neglect of philanthropy in UK academia The neglect of philanthropy in UK academia
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What is the ‘problem of riches’? What is the ‘problem of riches’?
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The ‘problem’ of the new super-rich The ‘problem’ of the new super-rich
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New research on the characteristics of contemporary UK philanthropy New research on the characteristics of contemporary UK philanthropy
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Ideal types of contemporary UK philanthropists Ideal types of contemporary UK philanthropists
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Commentary on the typology of philanthropists and the problem of riches Commentary on the typology of philanthropists and the problem of riches
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How is philanthropy part of the problem of riches? How is philanthropy part of the problem of riches?
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Philanthropy is not necessarily pro-poor Philanthropy is not necessarily pro-poor
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Philanthropy involves donor benefit Philanthropy involves donor benefit
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Philanthropy supports elite culture Philanthropy supports elite culture
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Philanthropy is driven by donors’ interests rather than by objective need Philanthropy is driven by donors’ interests rather than by objective need
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Philanthropy is inherently controlling and paternalistic Philanthropy is inherently controlling and paternalistic
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How can philanthropy be part of the solution to the problem of riches? How can philanthropy be part of the solution to the problem of riches?
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Philanthropy is a vehicle for redistributing resources from rich to poor Philanthropy is a vehicle for redistributing resources from rich to poor
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Philanthropy decreases the social distance between rich and poor Philanthropy decreases the social distance between rich and poor
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Philanthropy can play a role in building social capital Philanthropy can play a role in building social capital
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Philanthropy is a strategy for living with excess wealth Philanthropy is a strategy for living with excess wealth
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Philanthropy enhances the happiness of rich donors Philanthropy enhances the happiness of rich donors
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Conclusion Conclusion
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Notes Notes
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References References
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Eight The problem of riches: is philanthropy a solution or part of the problem?
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Published:June 2008
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Abstract
This chapter is a response to the call for research agenda focusing on the ‘problem of riches’. It suggests that the topic of philanthropy fits within this agenda yet is under-researched in the social sciences. In this chapter, original research into the distinctive features of contemporary UK philanthropists is presented, based on a secondary analysis of the governing documents, annual reports and other documentary evidence relating to the philanthropic acts of 150 of the most significant major UK donors in the 2006. Drawing on the literature, the chapter then discusses the ways in which philanthropy can both solve and contribute to the problem of riches. Both the data and literature review are used to evaluate the extent to which significant charitable gifts made by wealthy people can tackle the ‘problem of the riches’ such as inequality, the tension between private affluence and public squalor and the promotion of happiness. The chapter ends by concluding that philanthropy is often perceived to be part of the problem of the riches, but at the same time, it also has the potential to become a viable solution.
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