"In developing this position Walker sits squarely within the traditions of American liberalism, with its belief that promoting equality of opportunity within the current economic and political system is the best response to its failings. Everyone should have the same chance to be privileged, you might say, so that they can use their privilege to attack privilege more efficiently.
There’s some logic to this line of reasoning, but it rests on two questionable assumptions.
The first is that generating more philanthropy is effective as a route to reducing inequality. If it isn’t, then the intellectual scaffolding supporting Walker’s arguments collapses, because the problems of capitalism can never be addressed regardless of how many new philanthropists it creates. At the macro level however, societies that are most dependent on philanthropy like the USA are also the most unequal and vice versa—it’s the social democracies of Scandinavia that have the highest levels of equality and wellbeing, where the foundation sector is very small.
Tax-funded, redistributive government; people-funded, independent civil society action; and dynamic but well-regulated businesses are far more important. It was the same story in America under the New Deal and the Great Society, which kept economic inequality at much lower levels before the new gilded age began around the turn of the Millennium. In fact in the US, philanthropy has increased in line with inequality over the last 50 years, so the more you have of one, the more you have of the other. Statistically speaking, philanthropy is a symptom of inequality and not a cure."
The Privilege of being Privileged: https://www.opendemocracy.net/transformation/michael-edwards...