In a liberal democracy, individuals should have the freedom to give money to charities of their choice. But there's a difference between charitable giving from ordinary individuals and philanthropic giving from extremely wealthy individuals. Whose interests are served when the wealthy give? Should the state continue to encourage big philanthropy with massive tax breaks for the rich? Or should it focus more on taxing extreme wealth? Is big philanthropy destroying democracy? Josh and Ken take alms from Stanford political scientist Rob Reich, author of Just Giving: Why Philanthropy Is Failing Democracy and How It Can Do Better.

Many of us generally admire people who donate large sums of money to charity. Yet people donate for all sorts of reasons – some selfless, some not so much. Should we consider philanthropy as mere ego expression for the wealthy, or is it genuinely altruistic behavior? If philanthropists are so concerned with having an impact on society, how should we think about "measuring" this impact? Are there better ways than philanthropy to achieve positive social change? John and Ken donate their time to Bruce Sievers from the Haas Center for Public Service at Stanford University.