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    Joan Roelofs
    Counterpunch
    June 1, 2009

    We in the United States have been endowed with enormous philanthropic foundations, which have been fixing up the world for the last 100 years. One might wonder how their activities relate to the current economic crisis. News on this subject is not found in the headlines, or even on page 23. There is more exposure of foundation garments than of the opulent structures overpinning our system.

    featured stories   The Philanthropies and the Economic Crisis
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    Foundations are concerned about the dysfunctions of globalization, and consequently fund many groups active at alternative summits such as the World Social Forum, initiated as a radical response to the World Economic Forum.

    We should remember that these institutions, taking to heart the “robber baron” accusation, were not intended to dispense charity, but to apply resources and “social engineering” to forestall the “evils of capitalism.” Thus the Sage Foundation created the field of professional social work. The Rockefeller Foundation, directly and through its subsidiary, the Social Science Research Council, helped to shape New Deal programs, including social security. Its massive manual, Recent Social Trends, was a blueprint for the reform of laissez-faire capitalism. The Ford Foundation created prototypes for the “War on Poverty” programs, and more recently was the designer of Individual Development Accounts to provide funding for worthy low income people.

    In addition to the billions donated to non-profit organizations, economic development, and policy-oriented think tanks, foundations have been prime creators of international organizations designed to promote and defend capitalism against any and all threats. After World War I, Rockefeller and Carnegie foundations originated the Council on Foreign Relations. Coordinating with its foreign affiliates, it is still going strong. Post World War II, the Bilderberg group was formed (named after the hotel in the Netherlands where the first meeting was held in 1954), an informal palaver that meets in secret (no press and don’t tell) at a different high-security location each year. It gathers the elite of North America and Western Europe; its originators included David Rockefeller, Dean Rusk (then head of the Rockefeller Foundation), Joseph Johnson (head of the Carnegie Endowment), and John J. McCloy (Chairman of the Board of the Ford Foundation), along with European notables. While this encounter does not conclude with any formal plan of action, the idea is that these powerful people have the means to implement the sense of the meeting. The list of attendees provided by aggressive investigative journalists at www.bilderberg.com will give an idea of the clout involved. As with similar gatherings, Bilderberg is an arena where rookies are fielded for selection to the big leagues; Tony Blair, Bill Clinton, and Mary Robinson were invited when aspiring politicians.

    Bilderberg was too narrow a selection, as “non-Western” nations are becoming economic “giants.” Primarily initiated by Rockefeller institutions, the Trilateral Commission (Europe, North America, Japan) was convened in 1973 to deal with political threats and economic instabilities in the capitalist world. An even more inclusive gathering became necessary, and foundations and corporations created the World Economic Forum in 1974. In addition to the prime ministers and corporate and foundation executives, it includes rock stars, “emerging young leaders,” and representatives of non-governmental organizations such as Greenpeace, Amnesty International, and Third World Network. While some of its sessions are in secret, it has a vast public component, welcoming the press, webcasting the panel discussions, and so forth. Its consistent theme is that globalization and economic growth will promote wealth and happiness for all, although participants are divided among advocates of the “free market” and government regulation.

    • A d v e r t i s e m e n t
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    Foundations are concerned about the dysfunctions of globalization, and consequently fund many groups active at alternative summits such as the World Social Forum, initiated as a radical response to the World Economic Forum. The protesting organizations at the WSF receive grants from pro-globalization foundations and corporations, which also provide general support for the Forum and its regional affiliates. There is now a Funders Network on Trade and Globalization created primarily for the WSF that includes the Ford, Rockefeller, Mott, Tides, and Levi Strauss Foundations, along with progressive funders such as the Funding Exchange and the Unitarian Universalist Veatch Program. The group of 160 funders sends a special delegation to the WSF. A major purpose: “The participation of funders and donors has allowed them to build a common analysis, in partnership with their grantees, of the underlying structural causes of community problems: the institutions involved, the flow of money, the constraints on democracy and other factors.”

    While promoting/saving/improving capitalism over the long term, foundations are also deeply entrenched in the corporate sector, including the military-industrial complex and finance capitalism, through their trustees and investments. In 1971, the Ford Foundation established the Commonfund for managing the investments of private universities, schools, and foundations. Its charge was to break away from the traditional conservative investment policies of these entities in order to produce more robust returns.

    As a consequence, the largest foundations became “powerhouses” in investing, seeking to increase their yields through hedge funds, distressed debt, venture capital, buyouts, real estate, and international resource and energy ventures. The investment committee of the Ford Foundation’s board is headed by Afsaneh Beschloss, who was recruited from the Carlyle Group where she was a specialist in hedge funds. According to Commonfund’s report, about 40% of foundations screen their investments; however, the major evil avoided is tobacco.

    While critical scrutiny of foundations is rare, it is almost entirely absent from major media. A notable exception was Charles Piller’s 2007 investigation of Gates Foundation investments (published in The Los Angeles Times) that concluded: “The Gates Foundation reaps vast profits every year from companies whose actions contradict its mission of improving society in the United States and around the world, particularly the lot of people afflicted by poverty and disease.”

    Foundations are quick to publicize their “cause-related” investments, but for the bulk of their portfolios they go along with the crowd, and that has made all the sameness.

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    Comment Rules

    28 Responses to “The Philanthropies and the Economic Crisis”

    1. HWIC Says:

      First.

      Brave New World Reply:

      “First” posts are for little kids. f--- off.

    2. Mina Says:

      Only THE GIFT ECONOMY can save us from their manipulations!
      Let us work out of passion in the image of WIKIPEDIA collaborators.
      Let us build the world where all food, all waters, all houses are FREE OF CHARGE!
      Let us be the creators!

      Desslok Reply:

      That’s called communism and it doesn’t work. You are not entitled to anything. You need to make your own way. Capitalism isn’t perfect, but at least your destiny is in your own hands. Communism makes everyone poor and everyone a slave.

      PoliticalScientist Reply:

      Things are not free in a communist economy. The only difference between capitalism and communism is the central planning. Both systems are in essence the same, based on capital, money and labour.

      Desslok Reply:

      That is a gross simplification and a misleading one at that. In a communism, every thing is owned by the government, including the labor. What is produced by the labor is owned by the government, and the government distributes the goods produced. It is a far cry from capitalism, which is based on individual ownership.

      com•mu•nism [kom-yuh-niz-uh m]
      “A system of government in which the state plans and controls the economy and a single, often authoritarian party holds power, claiming to make progress toward a higher social order in which all goods are equally shared by the people. The Marxist-Leninist version of Communist doctrine that advocates the overthrow of capitalism by the revolution of the proletariat.” – American Heritage Dictionary

      capitalism
      An economic and political system characterized by a free market for goods and services and private control of production and consumption.

      PoliticalScientist Reply:

      I was referring to the economic part of the system. And, fyi, dictionaries also hold simplified definitions of concepts. What I was trying to get at was that the economic foundations of communism and capitalism are essentially the same (i.e. based on capital, money, and labour). I think of communism as a reform of capitalism. Of course, it is much more complex in a functioning society. I speak from a theoretical standpoint only.

    3. anti federalist Says:

      YOUR IMAGINARY COUNTRY WILL FALL SOON! 9-5-09 WILL PROBABLY NEVER COME FOR YOU OR I, SO GOOD LUCK WITH YOU PROPOGANDA FILM!

    4. David Reckafeller Says:

      The www dot bilderberg website is for a photo studio? That is not the correct website, right?

    5. fizedout Says:

      seriously dude..you need to get your head out of your ass..
      what’s wrong with you..do you not have a life..geez

    6. the dog that bites Says:

      up and coming TROLL deception more like it.

    7. Samson Says:

      Lol. He didn’t have anyone on the run. He went after everybody like a delusional fool. He started going after veterans, business owners, blacks, and everyday folk. If you think he was taken down by some GRAND conspiracy, well… he wasn’t very popular, so he had it coming.

    8. nayef Says:

      http://www.arabnews.com/?page=.....ry=Opinion the world as we no it came to an end a long time ago.

    9. Ampkilla Says:

      Why, who would have a problem with the nutritious innoculations Bill and Melinda Gates have prepared for the poor, downtrodden children of Africa?! Heh, heh….

    10. maestro Says:

      The whole concept of foundations is a racket “pure RICO law is applicable here” not to imply some good is not done but that stuff is just a shell/cover for the big time gig…

    11. KDUBBLL Says:

      I would love to put david rockefeller and henry kissinger in a 30′x30′ cage with a couple of MMA fighters, and play the benny hill show theme song.

    12. The DewK Says:

      Excellent, the private school and endowments is to educate the new elite. They can hand pick some prospects and educate them specially.

    13. hobo Says:

      Barack Obama is a great leader! Janet Noplotano will go down as the greastest Homeland Security Director in History!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

      Stevo Reply:

      Hobo will go down in history as the first in line at the local FEMA center

    14. AJ VidZ Says:

      HERE: Stream and Download ALL the best interviews and rants from the Alex Jones Show Archives:

      http://alex-jones-archives.politicsfiles.info/

      Backup your favorite episodes, don’t miss any!

    15. blitzcrowd Says:

      YES! finally an article about the Cartels (Rockefeller, Ford, Rothschild, IG Farben, …) and there most useful tool the non-taxable ‘Foundations’ which just so happened to be introduced with the income tax laws.

      I wish Ron Paul, another politician, or some business leader would come out and expose the Cartels. Cause believe me, anyone who is anyone with power has dealt with these bastards indirectly and know the Cartels supreme influence on the world and their careers.

      These foundations should be declared Terrorist Organizations and all their assets should be frozen immediately. We can use these nice patriot act laws to our advantage. Never before have they been in such jeopardy. If we just had a strong leader and congress to step up for the American people and put an end to this. In 2012 the American people better elect a real government or it might be too late.

      If anyone is confused please read a book or 2 from the author G. Edwards Griffin. I suggest the second part of World Without Cancer.

      blitzcrowd.com

    16. dunagan Says:

      If there is to be a ROUND–UP of PARTICIPANTS (in the quangos) for constitutional, rights and war crimes violations, then records need be kept that are beyond arms reach of the same criminal powers. The same systems that can be used to track and trace good citizens are the place to bury the T&T for the bad. Thus, to terminated the unconstitutional system is a means to also cover the tracks of the traitors. If everyone in pursuit of freedom can be classified as a terrorist, by one means or another, this can create a mountain of data for the real enemies of your country proper to hide behind.
      We have seen much of this diffusion technique put to practise lately, but other subterfuge fronts are decades old. It has always been the prerogative of the predators to follow the pray to the happy hunting grounds.
      Your trusted sheepdogs are turning into wolves as the range between compliant slave and sovereign freeman extents. A dog will mimics it’s master.
      As yuor masters become sucked into the evil darkness, so do they hunger for more riches to balance their emptiness — to the extent that they loose their spiritual right to rule. Those patches of playing-field acquired through crooked means are no longer their heraldic domain. You will need to bring arms to bare against these conspirators of strange interests or they will suck all the life out of your planet. Let’s hope you use your fire-arms righteously.
      Thwart the pyrates.

      Stevo Reply:

      Very poetic :)

    17. Gary Says:

      Joan is an idiot if she thinks these foundations have been “fixing up the world.” They’ve been slowly engineering their own take-over of the world and have engineered the current destruction of the global economy toward that end.

    18. Killer of Wolrd Says:

      David Rockfeler,Bil Gates,George Soros, in others and presidents Jimmy Carter, Bil clinton George H DEVIL Bush
      George Wubya Bush , is atuals is Barack Obama and Princp Charles
      Represents for my
      One Empiral of Satan & pron Followers

    19. Mac-101 Says:

      I just checked and a great post of mine once again never stayed up after an hour.

      As much as I hate to commend Comrade Putin on anything, at least he supposedly kicked out all the NGO’s out of Russia about 5 years ago. Anyone know if this idead happen?

      As mentioned George Soros needs to be investigated NOW!

    20. Stevo Says:

      Just like when a sheople from a blog the other day called me crazy for thinking vaccinations were really meant to be used for eugenics……

      And I hit her with a great example of Ted Turner who donated millions of dollars to vaccination programs to ‘help’ the poor fight illness, whilst on the other hand he takes every opportunity he can to say that he thinks the world is over-populated and that populations need to be drastically reduced. You first Ted…

      Either Ted Turner has mental problems (which is probably a definite given his circle of friends), or he has a fundamental conflict of interests.

      HOW DO YOU REDUCE THE WORLDS POPULATION BY INCREASING THE LIFESPAN OF PEOPLE IN THE 3rd WORLD???

      ANSWER: You don’t. You reduce the world population by innoculating the 3rd world and now the Western World also with vaccines infested with cancer causing viruses and infertillity agents. You then just lie and say it is for their own good.

      SHORT ANSWER: Ted Turner is a lying sack of s--- that needs to be tossed into a shipping container of used syringes…

    21. Tomas Estrada-Palma Says:

      Rockerfeller responds: http://artedetomas.blogspot.co.....eller.html