WATCH: The Future of Philanthropy: Will Market-Based Models Save the World? Live Webcast Tonight

A new movement called philanthrocapitalism promises to save the world by applying a market-based perspective to various social and economic challenges. How well can this approach solve the complex and nuanced goals of fundamental social transformation? Some argue that philanthrocapitalism is a new and innovative way to breathe life and resources into the causes for which we advocate. Others maintain that business-based solutions are based on an entirely different set of principles, and will never inspire the collaborative spirit necessary for true change.

Tonight, Demos will host the book launch of Small Change: Why Business Won't Save the World by Distinguished Senior Fellow Michael Edwards. Edwards will be joined by The Economist's Matthew Bishop, author of Philanthrocapitalism: How Giving Can Save the World and the upcoming The Road from Ruin: How to Revive Capitalism and Put America Back On Top. The authors will draw upon their recent books to discuss and debate the costs and benefits of philanthrocapitalism in tackling our toughest social problems, both in the US and globally.