What is Ineffective Philanthropy
The book Why Philanthropy Matters: How the Wealthy Give, and What It Means for Our Economic Well-Being lists the importance of philanthropy as, "it [philanthropy] solves the “problem of wealth” and its corollary of the presence of vast inequality in capitalist economies" (Zoltan 1). The goals of philanthropy are therefore to improve the wellbeing of humans by solving social and structural problems while dealing with the monetary inequality. In developing countries these goals can be solidified more to focus on developing countries society and infrastructure to improve the wellbeing of people.
