History suggests that philanthropic activity and innovative social enterprise happen in bursts, and ends with government taking over the best and scaling it up, making such actors ineffectual in the long-term. Even so, the aid establishment is increasingly starting to take the new philanthropists seriously, and there are good reasons to have high hopes for their ability to make a difference. This article looks at how these new players will influence philanthropy in the course of the 2010's decade.
Copyright 2007 The Economist.
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