To many Europeans, American style philanthropy evokes a mix of admiration and contempt. Admiration because America has wealthy individuals who are willing to give a significant part of their income to improve the state of the world. Contempt because they believe that we cannot leave “improving the state of the world” in the hands of wealthy individuals. Personally, I think that the the problem here is one of degree. The American government is far too stingy in helping the world compared to European governments, but American individuals are remarkably generous. Bottom line is the American government should donate more. But the wealthy citizens in Europe should definitely be more charitable. Here at the Clinton Global Initiative we see American style philanthropy at work, and it´s amazing to see that at every session there´s an announcement of somebody coming up with an amazing donation.
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