How does Harvard justify sitting on a $53 billion endowment and from where does this money come? The mega-rich influence research, hiring, and even curriculum through strings-attached donations.
In the latest article from The [F]law, read Danielle Dalla Vedova‘s fascinating, at times funny, story about how endowments encourage universities to behave like profit-driven corporations: “Ivory Tower No More: Endowments like Harvard’s Mask Donor Control.”
Related Systemic Justice Project Resources
From The [F]law:
- Jessica Graham, The Price of Potential
- Sarah Rosenkrantz, Harvard and the Housing Crisis
- Rosie Kaur, Big Law’s Capture of Students of Color
- Lisa Fanning, The Corporate Roots of Conservative Legal Thought
From The Systemic Justice Journal:
- Tala Doumani From the Public Charter to Private Power: Corporations, Slavery, and the Cotton Industry in the 19th Century
- HLS Student, Helping by All Means Possible (Except That One): Corporate Philanthropy and the Capture of “Doing Good”
- Maggie Hagen, Corporate Capture of Nonprofits: Corporate Law and the Preference for Profit