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AnandWrites's profile
Anand Giridharadas
Anand Giridharadas
Anand Giridharadas
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@AnandWrites

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Anand GiridharadasVerified account

@AnandWrites

Author of @WinnersTakeAll (out now from @AAKnopf), THE TRUE AMERICAN, & INDIA CALLING. Ex-@NYTimes. NBC political analyst. TED talker. @PriyaParker's man. Dad.

Brooklyn, New York
penguinrandomhouse.com/books/539747/w…
Joined March 2009

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    Anand Giridharadas‏Verified account @AnandWrites Nov 4

    Anand Giridharadas Retweeted CNBC

    “If we're going to have true social change, it's going to come through the private sector," said billionaire hedge funder Paul Tudor Jones. Paul. PAUL. PPAAUULL. The only problem with this idea is that it is the opposite of what is true.https://twitter.com/CNBC/status/1058490328930545665 …

    Anand Giridharadas added,

    CNBCVerified account @CNBC
    Paul Tudor Jones: The $19 trillion private sector can lead social change https://cnb.cx/2QgfYVF 
    5:03 AM - 4 Nov 2018
    • 66 Retweets
    • 368 Likes
    • Robi-Ann Doyle Prathm Juneja Allie Mary Metz RJHurry witch, hunting 🦇🧟‍♀️🧙🏼‍♀️🧛🏻‍♀️ Ryan Bell Megan Ming Francis Matt Everard
    19 replies 66 retweets 368 likes
      1. New conversation
      2. Anand Giridharadas‏Verified account @AnandWrites Nov 4

        Again and again, people ask me: What’s the problem with ultra-rich people getting involved, doing good? The problem is they are so often incapable of merely getting involved. Having run their businesses, they insist on running social change.

        2 replies 31 retweets 140 likes
        Show this thread
      3. Anand Giridharadas‏Verified account @AnandWrites Nov 4

        Never get in a car with a philanthrocapitalist like Paul Tudor Jones, because they don’t know how to stay in their lane. Having done well at hedge funds, exacerbating the inequality he claims to deplore, he now swerves confidently into knowing how social change should be run.

        2 replies 29 retweets 147 likes
        Show this thread
      4. Anand Giridharadas‏Verified account @AnandWrites Nov 4

        When the winners of our age take over change, they change change. They defang change. We cannot get real change when it is led by those with the most to lose from change.

        6 replies 83 retweets 298 likes
        Show this thread
      5. Anand Giridharadas‏Verified account @AnandWrites Nov 4

        Let me put it in a way Paul, who once reached out to me seeking a public dialogue and then withdrew after he heard my ideas, may understand: “If we’re going to have a better hedge fund industry, it’s going to be led by anesthesiologists.” That is how arbitrary your plan sounds.

        8 replies 34 retweets 210 likes
        Show this thread
      6. End of conversation
      1. New conversation
      2. Catherine Lugg‏ @CatherineLugg Nov 4
        Replying to @AnandWrites

        There is an UGLY US history of philanthropists trying to DESTROY black-run educational institutions starting in the 1880s (after Reconstruction in the US South). Google "General Education Board." (James D. Anderson, The Education of Blacks in the South, 1865-1935).

        1 reply 0 retweets 6 likes
      3. 1 more reply
      1. New conversation
      2. S R B‏ @EssArrBee Nov 4
        Replying to @AnandWrites

        These guys, esp. those who got rich managing other people's $, should take a cue from their own world when it comes to financing social good. Select your causes (funds/programs), then let experts handle the $ and how it is spent.

        1 reply 0 retweets 1 like
      3. S R B‏ @EssArrBee Nov 4
        Replying to @EssArrBee @AnandWrites

        Maybe if foundations/local gov start calling themselves "Social Change Brokerages" this will make sense to them?

        0 replies 0 retweets 2 likes
      4. End of conversation
      1. Rootless [But Very Stable] Cosmopolitan‏ @BrianBuchbinder Nov 4
        Replying to @AnandWrites

        He's onto something. Like fair taxation of socially-produced wealth.

        0 replies 0 retweets 2 likes
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      1. New conversation
      2. Stephen Lerner‏ @stephenlerner Nov 4
        Replying to @AnandWrites

        We call Paul Tudor Jones "Robin Hood in reverse"http://hedgeclippers.org/paul-tudor-jones/ …

        1 reply 0 retweets 2 likes
      3. Stephen Lerner‏ @stephenlerner Nov 4
        Replying to @stephenlerner @AnandWrites

        And the video on himhttps://m.youtube.com/watch?v=wekLt2VjxoI …

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. LindseyKook‏ @LindseyKook Nov 4
        Replying to @AnandWrites

        Some other guy, whose name escapes me, said something about "I alone can fix it." I don't think it turned out well.

        0 replies 0 retweets 1 like
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      1. NotSophie‏ @SecretlySophie Nov 4
        Replying to @AnandWrites

        What are they waiting for then? Dummies.

        0 replies 0 retweets 1 like
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      1. 2404268887‏ @3hombresnecios Nov 4
        Replying to @AnandWrites

        Exactly. But the question is How much of your wealth have you applied to that change? We have to assume that you have put your money where your mouth is so, please enlighten us.

        0 replies 0 retweets 1 like
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      1. New conversation
      2. Jeremy Lieberman‏ @LiebermanJeremy Nov 4
        Replying to @AnandWrites

        Jeremy Lieberman Retweeted Marc Benioff

        @Benioff pretty much says a very similar thing as Tudor. Maybe someone could clarify Marc’s position, vis a vis how best to help the poor and underserved?https://twitter.com/benioff/status/1058218823004827648?s=21 …

        Jeremy Lieberman added,

        Marc BenioffVerified account @Benioff
        Unfortunately, some C.E.O.s still are myopic & believe that they have a fiduciary duty to shareholders alone, with little or no responsibility to the communities in which they do business. I see Business as the greatest platform for change. Yes on Prop C! https://twitter.com/cnnbusiness/status/1058135346259603457?s=21 …
        1 reply 0 retweets 0 likes
      3. Robi-Ann Doyle‏ @doyle1020 Nov 4
        Replying to @LiebermanJeremy @AnandWrites @Benioff

        Marc has engaged in philanthropy but he's also not resistant to taxation in order to help the community. See below an example of someone with absolute resistance to helping the community via taxation -- he calls it "coercion" -- meanwhile the average American pays 25%+.pic.twitter.com/nzyLZNmoc9

        0 replies 0 retweets 1 like
      4. End of conversation
      1. New conversation
      2. Frank F Herron‏ @FrankFHerron2 Nov 4
        Replying to @AnandWrites

        Didn’t Trump come out of that sector?

        1 reply 0 retweets 0 likes
      3. Kathleen OKeeffe‏ @beerwxsports Nov 4
        Replying to @FrankFHerron2 @AnandWrites

        He came out of the mob sector.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. New conversation
      2. tracey durning‏ @traceydurning Nov 4
        Replying to @AnandWrites

        So you're saying it's impossible for the private sector to be a significant player in all social change?

        2 replies 0 retweets 0 likes
      3. Keiko Sono‏ @keiko_sono Nov 4
        Replying to @traceydurning @AnandWrites

        I believe his stance is that it’s wrong for those super wealthy philanthropists to amass that much wealth to begin with.

        1 reply 0 retweets 0 likes
      4. tracey durning‏ @traceydurning Nov 4
        Replying to @keiko_sono @AnandWrites

        But the quote is about the private sector overall, hence the question.

        1 reply 0 retweets 0 likes
      5. Keiko Sono‏ @keiko_sono Nov 4
        Replying to @traceydurning @AnandWrites

        Yes. Your question is totally valid. I just happened to remember his core argument I read in his NYT opinion.

        0 replies 0 retweets 1 like
      6. End of conversation

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