Thursday, June 5, 2014

So Which Is It?

As a follow up to yesterday’s post on the Walton Family Foundation, the New York Post reports (h/t Chronicle of Philanthropy) that more than half of the New York City Council has demanded that Walmart stop making charitable gifts to NYC nonprofits.    According to the Post article, Walmart made $3.0 million in charitable gifts to nonprofits in the City, including hunger and job training programs and of course, charter schools.   The Council sees this as trying to buy influence in the community in order to gain access to New York City markets.  I’m sure there are a few people who have food now that didn’t before that really could care less about that.

Yesterday, Walmart was giving too little.   Today, it’s giving too much.   Huh.

EWW (Still wearing the flame retardant PJs)

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the post article does mention walmart has put sixteen million toward charter schools in nyc. thought experiment: is there some constraint you could imagine should apply to private money steering public policy? you say "a few people who have food now that didn’t before really could care less," but another way to look at that is, if we keep our foot on someone's neck long enough, they will allow us to do anything as long as they can eat.

Posted by: russ willis | Jun 6, 2014 9:27:55 AM

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