kaal:claim:4685567-004

Because Impact 1.0 entrusted individual donors rather than donor collectives with identifying which problems to solve, individual philanthropists can reshape underfunded causes according to their own ideals without meaningful checks and balances or crowd wisdom.

Source quote, verbatim

Individual philanthropists can leverage underfunded causes and reshape them according to their ideals without significant checks and balances or crowd wisdom considerations.

From

Wulf A. Kaal, Impact Investing Innovation - From Impact 1.0 to 3.0 (2024), Introduction, p. 5
https://ssrn.com/abstract=4685567 · source PDF

Cite as

Wulf A. Kaal, Impact Investing Innovation - From Impact 1.0 to 3.0 (2024). SSRN: https://ssrn.com/abstract=4685567

Holds when

Impact 1.0 and 2.0 philanthropic strategies
high net worth individual and corporate donors

Classification

failuresupport: arguedfailure: Unchecked Individual Donor Agendafamily: plutocratic-captureinstitutional-design

Verify

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