Hacker News·4 min read·medium
The 19th-Century Family Fortunes Funding Degrowth
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barry-cotter
✦AI Summary
This article criticizes the degrowth movement, specifically the NGO P4NE, for being funded by generational wealth. It argues that the movement's financial structure obscures donor identities and creates a disconnect between the activists and the economic realities of ordinary people.
Here’s how P4NE hid the full list, along with donation amounts, from the public. P4NE’s funds are held by the Swiss Philanthropy Foundation (SPF) , meaning that SPF is the recipient of all P4NE donations. SPF combines 106 hosted funds into a single mixed fund, obfuscating donation totals for each.
politicseconomysocial justice
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