Global social capitalism: Using enterprise to solve the problems of the world

This article explores the concept of "global social capitalism," examining how entrepreneurial approaches and market-based solutions are increasingly applied to address global problems, particularly through new forms of philanthropy. It discusses the ambition of "new philanthropists" to tackle "grand challenges" with scalable, generic solutions, often leveraging technology and a "hands-on" approach to policy. The paper critically analyzes the implications of this shift, including the emphasis on speed and efficiency over nuanced contextual understanding.