Fortunes of Change

Jeffrey E. Paul’s new book about the authoritarian strain in American academia—including where it came from and what its effects have been, in politics and policy—uses an easily understood, nautical analogy to describe an emerging oligarchy, its financiers, and their role.

The Demos founder and author of The Givers talks to Michael E. Hartmann about covering foundations and donors, the changing nature of the wealthy as a class, and the role of philanthropy in a democracy.