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three - ‘New’ philanthropy, social enterprise and public policy

Published online by Cambridge University Press:  01 September 2022

Stephen J. Ball
Affiliation:
University College London
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Summary

“It's part of their tradition [Goldman Sachs] and, secondly, they make a huge, an outrageous amount of money for working there. So the combination of the two means that a lot of those guys are very active philanthropically. They’ve got the money and there is sort of a feeling that, I think, if you work at Goldman, that you don't just put all that money in your jeans, you’re supposed to be doing something useful with it. That's the combination.” (Sir Peter Lampl)

Introduction

In this chapter we will explore some of the contemporary entanglements of ‘new’ philanthropy with social and education policy and, concomitantly, some of the ways in which:

commercial enterprises increasingly perform tasks that were once considered to reside within the civic domain of moral entrepreneurship and the political domain of the caring welfare state, dispensing social goods other than profits to constituencies other than their shareholders. (Shamir, 2008, p 2)

The chapter is a pot pourri organised around the theme of enterprise and the discourse of enterprise: enterprise in philanthropy, philanthropy and the enterprise curriculum, and philanthropy and social enterprise. The latter pursues the relationships between philanthropy, the Third Way and the Big Society indicated in the previous chapter. We also hope to illustrate more of the connections between philanthropy, education policy and governance, and the social and interactive density of the philanthropic community itself. We argue that the discourse of enterprise in its various forms is a crucial component, both as a reforming narrative and as an effective infrastructure, of network governance.

As indicated in the previous chapter, the boundaries between philanthropy, business and the public sector are being moved and blurred, the public sector generally is being worked on and reworked by new policy actors, from the inside out (endogenous change) and the outside in (exogenous change). This is happening in particular through the dissemination of the values and practices of enterprise and entrepreneurship and the transposition of the ‘international discourse of managerialism’ (Thrift, 2005, p 33) and its metaphors, that is New Public Management, into the public sector and through attempts to embody those metaphors in the public sector workforce. New values and modes of action are thus being installed and legitimated and new forms of moral authority established, while others are diminished or derided.

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Publisher: Bristol University Press
Print publication year: 2012

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