The Riches of Civic Capitalism
1st June 2013
There’s a reason why eBay founder Pierre Omidyar just shoveled $15 million in investment to political petition site, Change.org: the business of good citizenship is very profitable. While critics often stereotype tech billionaires as libertarian sociopaths, they do so under the odd premise that making money and promoting democracy are mutually exclusive.
And they ignore the undoubted fact that a depressingly large number of them contribute to, and vote for, people like Bill Clinton, Barack Obama, Jerry Brown, and Nanny Bloomberg.