Capitalism Quote by Jane Mayer
““Private and corporate foundations, he said, must cease “the mindless subsidizing of colleges and universities whose departments of politics, economics and history are hostile to capitalism.””
About This Quote
Source Interview: The New Yorker, “The Foundations of Higher Education,” 2015
Criticizes foundations for funding university departments that oppose capitalist ideas, urging more selective philanthropy.
In simple terms: Foundations should stop funding anti‑capitalist academic departments.
Donate to institutions that align with your values.
Themes
Mood
Type
When to use this quote
- University budgeting
- grantmaking
- policy advocacy
Key Concepts
Questions to Reflect On
- How can donors evaluate a department’s ideological stance?
- What alternatives exist for supporting academic freedom?
Foundations may lack clear criteria to assess ideological bias.