Decolonizing Wealth
Book Reading
Day 4
Session Code: BR-5When: March 11, 2021
Presenter: Edgar Villanueva, Schott Foundation for Public Education
Description
Decolonizing Wealth is a provocative analysis of the dysfunctional colonial dynamics at play in philanthropy and finance. Award-winning philanthropy executive Edgar Villanueva draws from the traditions of the Native way to prescribe the medicine for restoring balance and healing our divides.
Though it seems counterintuitive, the philanthropic industry has evolved to mirror colonial structures and reproduces hierarchy, ultimately doing more harm than good. After 16 years in philanthropy, Edgar Villanueva has seen past the field’s glamorous, altruistic façade, and into its shadows: the old boy networks, the savior complexes, and the internalized oppression among the “house slaves,” and those select few people of color who gain access. All these funders reflect and perpetuate the same underlying dynamics that divide Us from Them and the haves from the have-nots. In equal measure, he denounces the reproduction of systems of oppression while also advocating for an orientation toward justice to open the floodgates for a rising tide that lifts all boats. In the third and final section, Villanueva offers radical provocations to funders and outlines his Seven Steps for Healing.
Decolonizing Wealth is a timely and critical book that preaches for mutually assured liberation in which we are all inter-connected.