Michael Bloomberg believes philanthropy ought to "embolden" policy, through leverage and partnership-- but does anyone really think government is too meek?
"Michael Bloomberg, who has become one of the world’s most ambitious philanthropists since leaving the New York mayor’s office last year, says modern philanthropies should work with governments to encourage them to experiment and take risks that they can’t or won’t take on their own. Codifying his philanthropic principles for the first time in an 'Annual Letter on Philanthropy' to be released Monday, Bloomberg writes: '[S]ome still see philanthropy as an alternative to government. I see it as a way to embolden government.'" -- Mike Allen, Politico