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factual
THINKING ALLOWED
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Thinking Allowed
Wednesday 16:00-16:30
Laurie Taylor discusses the latest social science research.
01 November 2006
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THE NEW ELITES and PHILANTHROPY

The study of élites, which once played a key role in 1960s radical sociology, is back on the agenda again. On 27 October 1986, the deregulation of the stock market transformed the City from a gentlemen's club into the European financial powerhouse it is now.  Nearly overnight, the old money drained out of the Square Mile, public school ties and bowlers gave way to a designer suits and red braces and computer screens replaced the hustle and bustle of the trading floor.  A new breed and class of money had arrived.

Twenty years on, Laurie Taylor dissects this new power élite with Professor Karel Williams from Manchester’s Centre for Research on Socio-cultural Change.

A previous generation of oil and steel magnates like John D. Rockefeller and Andrew Carnegie put their profits into philanthropy and good works.  Laurie is joined by Professor Peter Frumkin, author of Strategic Giving and Coco Ferguson Director of Programmes at the Institute of Philanthropy to find out what today’s chief executives and hedge fund managers do with their money and to discuss the history and role of philanthropy.
Additional information: 

Karel Williams, Professor at the Centre for Socio-Cultural Change at the University of Manchester

Working for themselves?: Capital Market Intermediaries and present day capitalism

Peter Frumkin, Professor of Public Affairs at the Lyndon B Johnson School of Public Affairs at the University of Texas at Austen

Strategic Giving: The Art and Science of Philanthropy
Publisher: University of Chicago Press
ISBN: 0226266265

On Being Nonprofit: A Conceptual and Policy Primer
Publisher: Harvard University Press
ISBN: 0674018354

In Search of the Nonprofit Sector
Publisher: Transaction Publishers,U.S.
ISBN: 0765805189

Coco (Cornelie Ferguson), Associate Director of Programmes at the Institute for Philanthropy
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