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It is not the prerogative of philanthropic foundations or financial and government institutions, but pertains to private investors, giving it enormous potential.
FORBES: Banks Need to Play a Larger Role in Social Good
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But now, with private investors, including foreign institutions, deciding which companies get the funds, enhancing shareholder worth is key to corporate growth, if not survival.
CNN: Recasting the Mind
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The modern United States has a few examples of governments trying to perform commercial activities, but increasingly we suffer from the opposite problem: formally private institutions given special legal privileges by the state.
FORBES: Jane Jacobs and the Problem of Monstrous Hybrids
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For most people, the upgrading of university colleges to full university status will not be controversial, but more might oppose the granting of university status to private institutions - especially if they seek to make a profit.
BBC: 'New' universities set to be created in England
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Realistically, the country is a community of individuals and private institutions, including the family, with their own interests, bound not by mutual love but by the political principles that are set forth in the Constitution, a document that secures and celebrates the freedom to pursue those interests, varied as they might be.
WSJ: Pilon: Graduates, Your Ambition Is the Problem