As the current federal administration makes sweeping cuts to social safety net programs, political divisions deepen, and the guardrails of American democracy are tested, what is philanthropy’s role in this precarious time? 
In the final episode of this season, Phil Buchanan and Grace Nicolette interview New York Times columnist and podcast host Ezra Klein live at CEP’s 2025 conference. Klein contends that America needs to renew a politics of plenty, face up to the failures of liberal governance, and abandon what he calls the chosen scarcities that have deformed American life. But what does this analysis mean for philanthropy, particularly at a moment of so many competing and urgent crises?

Additional Resources:
“<a href="https://cep.org/report/mounting-pressure/">Mounting Pressure: U.S. Foundations and Nonprofits on the 2025 Political Climate</a>”
<a href="https://givingdoneright.org/season-5-episode12/">Elisha Smith Arrillaga, Ph.D. on the Giving Done Right podcast</a>
“<a href="https://www.simonandschuster.com/books/Abundance/Ezra-Klein/9781668023488">Abundance</a>,” by Ezra Klein and Derek Thompson

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