*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
Watchdog Slams IRS Identity Theft Case Delays as “Unconscionable”
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
A.I. Investments Carry Amazon Over $2 Trillion Valuation Threshold
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Load More