The Greater Good: How Philanthropy Drives the American Economy and Can Save Capitalism

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Macmillan, 2004 - Business & Economics - 304 pages
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"Masterly on the way philanthropy works."
-The New York Observer

For more than a century, the United States has stood as a beacon of prosperity and democracy, proof that big business and big dreams could flourish side by side. Yet few Americans realize the crucial role that generosity plays in keeping that fragile balance.

A leading voice for community development, scholar and former Connecticut College president Claire Gaudiani examines the crucial role of philanthropy in American prosperity. She traces the entrepreuneurial spirit of altruism, finding that generous gifts have powerfully invested in the most critical ingredients of the American economy: people, property, and ingenuity. Rather than pitting the capitalists against the populists, Gaudiani draws a blueprint for a just future, full of opportunities, based on giving.

The Greater Good is a passionate, pragmatic, and optimistic manifesto for revitalizing the promise of the American economy.


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The greater good: how philanthropy drives the American economy and can save capitalism

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Philanthropy has always been vital to the growth of our country, argues former Connecticut College president Gaudiani. From Colonial times, Americans have always been willing to open their pockets for ... Read full review

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About the author (2004)

Claire Gaudiani served as president of Connecticut College from 1988 until 2001 and continues to serve as volunteer president of the New London Development Corporation. She is currently a senior research scholar at Yale Law School and lives in Groton and New Haven,