Philanthropy as the Privatization of Money
The subject of money has been a hot topic in the past decade. One important controversy evolves around whether money is a commodity or a commons. As a commodity, money is a property that people can buy and sell, give away, or stick under a mattress. As a commons, money is available to all, owned by none, and protected by civic authorities. Money can be used as a commodity and a commons, but it does make a difference which one we see as more fundamental.
