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Nancy Hanover – Mark Zuckerberg, philanthrocapitalism and parasitism

Last Tuesday Mark Zuckerberg, co-founder of Facebook and the 16th richest man in America, and his wife Priscilla Chan announced they would be donating 99 percent of their Facebook shares, currently valued at $45 billion, to charity during their lifetime. The gift was announced in the form of a letter to their newborn child announcing the formation of the Chan …