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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.” quote by Jane Mayer
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““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.””

Jane Mayer

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.

Key Takeaway

Donate to institutions that align with your values.

Themes

philanthropy education politics capitalism

Mood

critical concerned

Type

opinion analysis

When to use this quote

  • University budgeting
  • grantmaking
  • policy advocacy

Key Concepts

Ideological bias funding strategy

Questions to Reflect On

  • How can donors evaluate a department’s ideological stance?
  • What alternatives exist for supporting academic freedom?
A Different Perspective

Foundations may lack clear criteria to assess ideological bias.

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