By Karyn Pomerantz and Ellen Isaacs, 8-8-2020
“I’m very much afraid of this ‘Foundation Complex.’ We’re getting praise from places that worry me.” Ella Baker, 1963 quoted by INCITE!.
In our time of fervent uprisings against racism and the increased unity of workers, many foundations and ruling class opinion influencers like the New York Times (NYT) call for re-imagining or re-creating capitalism in order to save it. Non-profits, corporations, and universities have issued statements deploring inequality and racism as if they just discovered them.
This article discusses the role of foundations and corporations that fund non-profit advocacy, educational, and health organizations. Their motives are actually self-serving, providing tax benefits for themselves (depriving the government of tax revenue) and earning valuable public relations for corporate America.
We will specifically examine the liberal Soros Foundations and the Ford Foundation, their motivations, and the consequences that organizations and movements experience by accepting their support.Continue reading “The Rebellion IS Being Funded: The Dangers of Philanthrocapitalism”