Monday, March 7, 2016

NEW YORKER LETTERS ON INCOME INEQUALITY

‘HOW TO DO GOOD’

Larissa MacFarquhar’s article about Darren Walker and the Ford Foundation [‘What Money Can Buy,’ the New Yorker, January 4, 2016] highlight’s the institution’s recent focus on remedying income inequality. . . .
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“ . . .  As with the arts in the sixties, income inequality todav is an issue that individuals and institutions in the United States and abroad have struggled to improve. There's reason to be optimistic that the Ford Foundation will be able to create change where others have failed.”

[signed by:]
Ben Negley
San Jose, Callf.


“The Mail,” Letters to the Editor, the New Yorker, January 25, 2016, page 3.

            “In her informative article [‘What Money Can Buy,’ the New Yorker, January 4, 2016, Larissa] MacFarquhar discusses what large foundations like the Ford [Foundation] do with the money they spend. It’s crucial that all such foundations also be held accountable for how the substantial resources under their control are invested. Money invested in very profitable but socially harmful industries – oil, tobacco, alcohol, and gambling, for example – can undo the good accomplished by the money earned from those investments.”

[signed by:]
Sudhir Jain
Calgary, Alberta, Canada


“The Mail,” Letters to the Editor, the New Yorker, January 25, 2016, page 3.