*By Conor White* Americans [gave more than $410 billion](https://givingusa.org/giving-usa-2018-americans-gave-410-02-billion-to-charity-in-2017-crossing-the-400-billion-mark-for-the-first-time/) to charity last year. Many may see that as a positive trait, but author Anand Giridharadas thinks such altruism can often do more harm than good. "I started this book trying to understand how is it that we live in this age of tremendous generosity and a system that reliably shuts most people out of the 'American Dream'," Giridharadas said Thursday in an interview on Cheddar. In his new book, "Winners Take All: The Elite Charade of Changing the World," Giridharadas points to the Koch brothers, [the Sackler](https://www.theguardian.com/us-news/2018/feb/13/meet-the-sacklers-the-family-feuding-over-blame-for-the-opioid-crisis) family, and Goldman Sachs, among other examples, as entities that are praised for their giving but may actually cause real damage to Americans. "The reality is, this 'changing the world' thing gives you a moral glow and allows you to get away with power grabbing that we would never allow some chemical company to get away with," said Giridharadas, formerly a reporter for the New York Times. He said the same theory applies to some very prominent American visionaries. "Mark Zuckerberg's not going to change the world, Elon Musk is not going to change the world," Giridharadas said. "These people say they're changing the world to grab wealth and power." While tech mogul Zuckerberg has [promised](https://www.nytimes.com/2015/12/02/technology/mark-zuckerberg-facebook-charity.html) to give away most of his wealth, Giridharadas noted that he's also the same person responsible for building a monopoly, putting newspapers out of business, and potentially allowing foreign actors to interfere in U.S. elections. "We need to change where we go to change the world," Giridharadas said. In Giridharadas's view, America can solve some of its many problems by strengthening federal programs and reforming systems that already exist. "We don't create one little charter school, we actually make sure we fund all public schools in America adequately and equally," he explained. "We don't allow some people to get health care and others not, we actually give people health care based on their being a human being." "We need not an age of little initiatives and projects and giving back, we need an age of reform." "Winners Take All: The Elite Charade of Changing the World" was [released](http://www.anand.ly/) on Tuesday. For full interview [click here](https://cheddar.com/videos/why-philanthropy-is-bad-for-democracy).

Share:
More In Business
Spain fines Airbnb $75 million for unlicensed tourist rentals
Spain's government has fined Airbnb 64 million euros or $75 million for advertising unlicensed tourist rentals. The consumer rights ministry announced the fine on Monday. The ministry stated that many listings lacked proper license numbers or included incorrect information. The move is part of Spain's ongoing efforts to regulate short-term rental companies amid a housing affordability crisis especially in popular urban areas. The ministry ordered Airbnb in May to remove around 65,000 listings for similar violations. The government's consumer rights minister emphasized the impact on families struggling with housing. Airbnb said it plans to challenge the fine in court.
Roomba maker iRobot files for bankruptcy protection; will be taken private under restructuring
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring process. iRobot said that it is being acquired by Picea through a court-supervised process. Picea is the company's primary contract manufacturer. The Bedford, Massachusetts-based anticipates completing the prepackaged chapter 11 process by February.
Serbia organized crime prosecutors charge minister, others in connection with Kushner-linked project
Serbia’s prosecutor for organized crime has charged a government minister and three others with abuse of position and falsifying of documents related to a luxury real estate project linked to U.S. President Donald Trump’s son-in-law Jared Kushner. The charges came on Monday. The investigation centers on a controversy over a a bombed-out military complex in central Belgrade that was a protected cultural heritage zone but that is facing redevelopment as a luxury compound by a company linked to Kushner. The $500 million proposal to build a high-rise hotel, offices and shops at the site has met fierce opposition from experts at home and abroad. Selakovic and others allegedly illegally lifted the protection status for the site by falsifying documentation.
Load More