A brief look at the Guardian's recent 'Giving List' The Guardian issued a supplement entitled "The Giving List" detailing which companies in Britain gave most and least to charity. It comes as no surprise that business donated �0.68bn whilst the general public gave �4.3bn. The business of business is making money, after all � not giving it away.
Charity is big business in Britain with over 180,000 registered charities, but compared to the US it is petty stuff. In the US last year charities grossed $200bn. Foundations gave 12 percent, corporation 5.3 percent. Why such generosity? Well, it is not as great as it seems. Corporate giving was only 1.2 percent of pre-tax profits and on examination the apparent generosity has ulterior motives. In 1889 Andrew Carnegie, robber baron and philanthropist wrote in his essay Wealth, on the need for charity: "The problem of our age is the proper administration of wealth, that the ties of brotherhood may still bind together the rich and the poor in harmonious relationships." More up-to-date though, the writer Mark Dowie in his recently published book American Foundations, An Investigative History says: "The sad facts is that a majority of America's 50,000 or so private foundations are mindless lawyer-ridden tax dodges that accomplish little beyond the transfer of riches to already wealthy institutions." "Some capitalists do value private philanthropy because it creates countervailing force against socialism, others because it quells social unrest." Having quoted earlier that arch-hypocrite and exploiter Andrew Carnegie let us end with the words of Oscar Wilde, from a socialist perspective the definitive words on charity: "They try to solve the problem of poverty, for instance, by keeping the poor alive; or in the case of a very advanced school, by amusing the poor. But this is not the solution; it is an aggravation of the difficulty. The proper aim is to try and reconstruct society on such a basis that poverty will be impossible." jt www.worldsocialism.org __________________________________________________ Do You Yahoo!? Everything you'll ever need on one web page from News and Sport to Email and Music Charts http://uk.my.yahoo.com
