![]() ![]() Now, writes political analyst and journalist Giridharadas ( The True American: Murder and Mercy in Texas, 2014, etc.), the global financial elite has reinterpreted Andrew Carnegie’s view that it’s good for society for capitalists to give something back to a new formula: It’s good for business to do so when the time is right, but not otherwise. It’s a matter of some irony, John Steinbeck once observed of the robber barons of the Gilded Age, that they spent the first two-thirds of their lives looting the public only to spend the last third giving the money away. Give a hungry man a fish, and you get to pat yourself on the back-and take a tax deduction. ![]()
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