Philanthrocapitalism: Billionaires Give Back, Their Way.

Option B: Case Study #2: “Philanthrocapitalism: Billionaires Give Back, Their Way.”

Question for discussion for this case study: By letting philanthrocapitalists use their resources toward solving socioeconomic problems around the globe, are governments effectively “outsourcing” their responsibilities? (Mention the Gates Foundation and polio as one example here. Of course, a person can pick examples, pro and con, to fit whatever position one is advocating, but how would this example fit into the discussion?)

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Who are all the people affected by the action? (stakeholder analysis)

Is the action beneficial to me? (egoism)

Is the action supported by my social group? (social group relativism)

Is the action supported by national laws? (cultural relativism)

Is the action for the greatest good of the greatest number of people affected by it? (utilitarianism)

Does the action treat every stakeholder with respect and dignity, and is the act something that everyone should do? (deontology)

Is this how a virtuous person would act? (virtue ethics)

If answers to Questions 2 through 7 are all “yes,” then do it.

If answers to Questions 2 through 7 are all “no,” then do not do it.

If answers to Questions 2 through 7 are mixed, then modify your decision.

If answers to Questions 5, 6, and 7 are “yes,” this action is the mostYou may need to modify this decision in consideration of any “no” answer to Questions 2 through 4.

If answers to Questions 5, 6, and 7 are “no,” this action is the leastModify this decision in consideration of these objections.

If answers to Questions 5, 6, and 7 are mixed, this action is moderatelyModify this decision in consideration of objections raised by Questions 5, 6, or 7. You may need to further modify this decision in consideration of any “no” answer to Questions 2, 3, or 4.

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