In this pathbreaking study of foundation influence, author Joan
Roelofs produces a comprehensive picture of philanthropy's critical
role in society. She shows how a vast number of policy innovations
have arisen from the most important foundations, lessening the
destructive impact of global "marketization." Conversely, groups
and movements that might challenge the status quo are nudged into
line with grants and technical assistance, and foundations also
have considerable power to shape such things as public opinion,
higher education, and elite ideology. The cumulative effect is that
foundations, despite their progressive goals, have a depoliticizing
effect, one that preserves the hegemony of neoliberal institutions.
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