BBC World Service East Asia

In the Balance

Discussion & Talk

Factual: Money

The biggest financial stories and why they matter to us all.

In the Balance: Giving It Away

Giving It Away

30/12/2017 GMT

BBC World Service - In the Balance, Giving It Away

Can huge sums of money donated by the world's richest businesspeople undermine democracy?

Global philanthropy is on the rise, but can the huge sums donated by rich business people risk undermining democracy?  Manuela Saragosa hears from two wealthy philanthropists.

Giving It Away

Global philanthropy is on the rise, but can the huge sums donated by wealthy business people risk undermining governments and democracy?
Manuela Saragosa is joined by economist Neva Rockefeller Goodwin, a member of the Rockefeller family that owns one of the world's largest fortunes. Neva is also one of 400 wealthy people in the USA who signed a letter organised by the Responsible Wealth project against tax cuts for the rich.  And we hear from British businessman John Caudwell  who sold his high street mobile phone company for more than 2 billion dollars. He now spends more time on his philanthropic work, including his charity for children with disabilities, Caudwell Children. Manuela is also joined by Barbara Ridpath, Director of the St Paul's Institute in London and Antonia Mitchell, Director of Aurelia Philanthropy.

Also in the programme:  David Callahan, author of The Givers, which questions the power acquired by philanthropists.

(Picture:the  85th Rockefeller Center Christmas Tree Lighting Ceremony, New York November 29 2017. Credit: Getty Images)

BBC World Service

BBC World Service Online

BBC World Service schedule for American satellite radio and the Caribbean

BBC World Service Americas and the Caribbean

BBC World Service Australasia

BBC World Service East and Southern Africa Schedule

BBC World Service East and Southern Africa

BBC World Service South Asia

BBC World Service Europe and the Middle East

BBC World Service West and Central Africa Schedule

Accessibility links

Programme Index

In the Balance

Giving It Away

Genres

Formats

Brand

BBC World Service East Asia

About BBC World Service