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December 4, 2018

Bezos joins an elite club: education philanthropists

By SALLY HO
Associated Press

From Jeff Bezos' free preschools to Andrew Carnegie's public libraries, education stands out as a favorite cause among America's wealthiest people.

And as the rich get richer, and apparently more generous, this legacy of so-called investment philanthropy has shaped government priorities and driven policy changes. But with such high-profile giving fueled by both capitalism and poverty, critics have thrust that dichotomy into the spotlight, challenging how the system that allowed these philanthropists to amass their fortunes ultimately contributes to the social problems they're trying to address.


 
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