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Definitions from the WebTerm: PhilanthrocapitalismDefinition: Philanthrocapitalism is a concept that combines philanthropy and capitalism, referring to the practice of using market-based approaches and business principles to address social issues and promote positive change. Part of Speech: Noun Sense 1: The use of private capital and entrepreneurship to tackle societal challenges and achieve social impact. Example sentence 1: Through philanthrocapitalism, wealthy entrepreneurs can leverage their financial resources to develop innovative solutions to global poverty. Example sentence 2: This organization is a shining example of philanthrocapitalism in action, as it employs business strategies to improve education in disadvantaged communities. Sense 2: A belief in using market forces and investment strategies to create sustainable social change. Example sentence 1: The book discusses the growing influence of philanthrocapitalism and how it has reshaped the landscape of modern philanthropy. Example sentence 2: Philanthrocapitalism emphasizes the importance of measuring social outcomes and implementing strategies with a long-term vision. Related Products: | ||||
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