marketworld
A social and economic milieu dominated by market logic where elites use business tools and frameworks to address social issues, often avoiding systemic critique.
2 chapters across 1 book
Winners Take All (2018)Anand Giridharadas
Chapter 2 critiques the 'win-win' ideology prevalent in MarketWorld, illustrating how well-intentioned businesspeople like Stacey Asher and Justin Rosenstein attempt to solve social problems through market-based solutions without challenging systemic issues. The chapter exposes the contradictions of such approaches, highlighting how financial elites often overlook or perpetuate the root causes of inequality and exploitation, such as vulture funds harming African nations or the disconnect between productivity gains and wage stagnation in the U.S.
Chapter 5 explores the tension between traditional philanthropic approaches focused on rights and justice, exemplified by George Soros, and the rising dominance of market-oriented, business-driven solutions to social problems. It critiques how complex social justice issues are reframed into business problems solvable by corporate and financial elites, sidelining affected communities and alternative perspectives. The chapter also traces the career of Sean Hinton, who transitioned from ethnomusicology and grassroots experience in Mongolia to a leadership role within MarketWorld, embodying this shift.