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Sat Nov 23, 2013, 03:50 PM

"Dark Side of the "Extraordinary Pierre Omidyar" --Micro-Finance/School Privatizing Neolib

11:51 a.m. November 15, 2013
The Extraordinary Pierre Omidyar
By Mark Ames, and Yasha Levine

The world knows very little about the political motivations of Pierre Omidyar, the eBay billionaire who is founding (and funding) a quarter-billion-dollar journalism venture with Glenn Greenwald, Laura Poitras and Jeremy Scahill. What we do know is this: Pierre Omidyar is a very special kind of technology billionaire.

We know this because America’s sharpest journalism critics have told us.

In a piece headlined "The Extraordinary Promise of the New Greenwald-Omidyar Venture", The Columbia Journalism Review gushed over the announcement of Omidyar's project. And just in case their point wasn’t clear, they added the amazing subhead, "Adversarial muckrakers + civic-minded billionaire = a whole new world."

Ah yes, the fabled "civic-minded billionaire"—you'll find him two doors down from the tooth fairy.

But seriously folks, CJR really, really wants you to know that Omidyar is a breed apart: nothing like the Randian Silicon Valley libertarian we've become used to seeing.

"...billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo. Billionaires tend to have a finger in every pie: powerful friends they don’t want annoyed and business interests they don’t want looked at.

"By hiring Greenwald & Co., Omidyar is making a clear statement that he’s the billionaire exception....It’s like Izzy Stone running into a civic-minded plastics billionaire determined to take I.F. Stone’s Weekly large back in the day."



Later, the CJR "UPDATED" the piece with this missing bit of "oops":


"(UPDATE: I should disclose that the Omidyar Network helps fund CJR, something I didn’t know until shortly after I published this post.)"



No biggie. Honest mistake. And anyway, plenty of others rushed to agree with CJR's assessment. Media critic Jack Shafer at Reuters described Omidyar’s politics and ideology as "close to being a clean slate," repeatedly praising the journalism venture’s and Omidyar’s "idealism." The "NewCo" venture with Greenwald "harkens back to the techno-idealism of the 1980s and 1990s, when the first impulse of computer scientists, programmers, and other techies was to change the world, not make more money," Shafer wrote, ending his piece:

"As welcome as Omidyar’s money is, his commitment to the investigative form and an open society is what I’m grateful for this afternoon. You can never uphold the correct verdict too often."

What all of these orgasmic accounts of Omidyar’s "idealism" have in common is a total absence of skepticism. America's smartest media minds simply assume that Omidyar is an "exceptional" billionaire, a "civic-minded billionaire" driven by "idealism" rather than by profits. The evidence for this view is Pierre Omidyar's massive nonprofit venture, Omidyar Network, which has distributed hundreds of millions of dollars to causes all across the world.

And yet what no one seems able to specify is exactly what ideology Omidyar Network promotes. What does Omidyar's "idealism" mean in practice, and is it really so different from the non-idealism of other, presumably bad, billionaires? It's almost as if journalists can't answer those questions because they haven't bothered asking them.

So let's go ahead and do that now.

------

Since its founding in 2004, Omidyar Network has committed nearly $300 million to a range of nonprofit and for-profit "charity" outfits. An examination of the ideas behind the Omidyar Network and of the investments it has made suggests that its founder is anything but a "different" sort of billionaire. Instead, what emerges is almost a caricature of neoliberal ideology, complete with the trail of destruction that ensues when that ideology is put into practice. The generous support of the Omidyar Network goes toward "fighting poverty" through micro-lending, reducing third-world illiteracy rates by privatizing education and protecting human rights by expanding property titles ("private property rights") into slums and villages across the developing world.

In short, Omidyar Network's philanthropy reveals Omidyar as a free-market zealot with an almost mystical faith in the power of "markets" to transform the world, end poverty, and improve lives—one micro-individual at a time.

All the neoliberal guru cant about solving the world’s poverty problems by unlocking the hidden "micro-entrepreneurial" spirit of every starving Third Worlder is put into practice by Omidyar Network's investments. Charity without profit motive is considered suspect at best, subject to the laws of unintended consequences; good can only come from markets unleashed, and that translates into an ideology inherently hostile to government, democracy, public politics, redistribution of land and wealth, and anything smacking of social welfare or social justice.

In literature published by Omidyar Network, the assumption is that technology is an end in itself, that it naturally creates beneficial progress, and that the world's problems can be solved most effectively with for-profit business solutions.

The most charitable thing one can say about Omidyar’s nonprofit network is that it reflects all the worst clichés of contemporary neoliberal faith. In reality, it’s much worse than that. In many regions, Omidyar Network investments have helped fund programs that create worsening conditions for the world’s underclass, widening inequalities, enhancing exploitation, pushing millions of people into crippling debt and supporting anti-poverty programs that, in some cases, resulted in mass-suicide by the rural poor.

MORE OF A DISTURBING INVESTIGATIVE REPORT AT:

https://www.nsfwcorp.com/dispatch/extraordinary-pierre-omidyar/

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Reply "Dark Side of the "Extraordinary Pierre Omidyar" --Micro-Finance/School Privatizing Neolib (Original post)
KoKo Nov 2013 OP
rhett o rick Nov 2013 #1
KoKo Nov 2013 #2

Response to KoKo (Original post)

Sat Nov 23, 2013, 06:47 PM

1. k&r thanks for posting. nm

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Response to KoKo (Original post)

Sat Nov 23, 2013, 09:39 PM

2. It's dark for sure. But, I think it can be "worked around."

The Big Money is what supports our media...so it's not surprising that this would come about.

I'm hopeful it won't turn out as dark as it sounds, though. I think "times are changing." But, still, this article is worrisome...but, I'm not counting out that he can't learn from his mistakes and if he doesn't...then he will fall.

The reporting will GO ON! (I believe this..and that Greenwald is not a Patsy)...So..I think this is just part of EXPOSURE.

Hopeful. "TRUTH WILL OUT!"

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