Philanthropy Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! == Philanthropic capitalism == {{organize section|reason=merge into "Traditional philanthropy versus philanthrocapitalism" above|date=August 2023}} [[Philanthrocapitalism|Philanthropic capitalism]] or philanthrocapitalism is a way of doing philanthropy through the [[Capitalism|capitalist]] realm. Instead of it being for profit, the philanthropist does it as a non-profit and only breaks even or even takes a small loss. Still, the overall gain to the community would be greater than the small loss they incurred.<ref>{{Cite web|first=K|last=Sahadevan|url=https://countercurrents.org/2020/08/capitalist-philanthropy-a-means-of-circumventing-the-state/|title = Capitalist Philanthropy: A Means of Circumventing the State?|website=Countercurrents|date = 4 August 2020}}</ref> For example, a philanthropist puts up {{currency|10 million|USD|passthrough=yes}} for [[Urban renewal|neighborhood revitalization]] to build new homes in place of [[dilapidated]] housing and only breaks even or takes on a small loss selling the homes. If they took a {{currency|1,000|USD|linked=no}} loss on each home, 10,000 homes could be made with that initial philanthropic donation. It could be run like a [[nonprofit organization]] so they would not have to pay property taxes on the homes as they were waiting to be sold. Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page