Ford, Mellon, Rockefeller Made Their Fortunes Thanks to Capitalism. Now, Their Foundations Seek to Undermine It.
<p>Henry Ford, John D. Rockefeller, and Andrew Mellon flourished because of America's free-enterprise system. Yet, the foundations that bear their names are today pursuing a much different agenda, warns Rick Graber, president and CEO of the Bradley Foundation and chairman of the Philanthropy Roundtable.</p><p>"These foundations exist with their massive endowments because of these gentlemen that believed in free markets, took risks, and created just some incredible, incredible companies," Graber says. "It's hard to make the case that any of these foundations—Ford, Rockefeller, Mellon—are honoring donor intent. The founders would not be pleased."</p><p>Graber recently wrote about the topic for The Daily Signal, "<a href="https://www.dailysignal.com/2021/05/18/woke-foundations-use-dollars-acquired-through-capitalism-to-undermine-free-market-principles/" rel="noopener noreferrer" target="_blank">Woke Foundations Use Dollars Acquired Through Capitalism to Undermine Free Market Principles</a>," warning about the implications for America's future. He joined me on "The Daily Signal Podcast."&nbsp;</p><p>Also on today's show, we also read your letters to the editor and share a good news story about a Waffle House manager who went out of his way to make sure one of his youngest employees could attend his high school graduation. </p><p>Enjoy the show!</p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>
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Show Notes
Henry Ford, John D. Rockefeller, and Andrew Mellon flourished because of America's free-enterprise system. Yet, the foundations that bear their names are today pursuing a much different agenda, warns Rick Graber, president and CEO of the Bradley Foundation and chairman of the Philanthropy Roundtable.
"These foundations exist with their massive endowments because of these gentlemen that believed in free markets, took risks, and created just some incredible, incredible companies," Graber says. "It's hard to make the case that any of these foundations—Ford, Rockefeller, Mellon—are honoring donor intent. The founders would not be pleased."
Graber recently wrote about the topic for The Daily Signal, "Woke Foundations Use Dollars Acquired Through Capitalism to Undermine Free Market Principles," warning about the implications for America's future. He joined me on "The Daily Signal Podcast."
Also on today's show, we also read your letters to the editor and share a good news story about a Waffle House manager who went out of his way to make sure one of his youngest employees could attend his high school graduation.
Enjoy the show!
Hosted on Acast. See acast.com/privacy for more information.
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