Power Shift: The Fall of Government and Rise of Philanthropy

Last year, as Kalamazoo, Mich., struggled with a budget deficit and other economic woes, two local philanthropists stepped forward, pledging $70 million to improve the city’s fortunes. Earlier in 2016, a group of foundations put up even more money to help another troubled Michigan city, Flint, recover from the contamination of its water supply. And a few years before that, foundations helped to rescue Detroit from bankruptcy.

These episodes, coming after years of cuts in state aid to Michigan’s cities, may offer a glimpse of America’s future.

Read the Full Article in the New York Times