2018
May
07
Monday

Monitor Daily Podcast

May 07, 2018
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Mark Sappenfield
Senior global correspondent

In her 67 years at a New York law firm, Sylvia Bloom was known for taking the subway to work every day until she retired at age 96. What no one – including her family – knew, was that she amassed more than $9 million on her secretary’s salary.

That secret came out recently when her estate made a posthumous $6 million donation to a local charity that offers college scholarships to needy students. Ms. Bloom’s story is wonderful, showing the savvy of an independent, Depression-era woman who copied her bosses’ investments. But it also speaks something very American: Americans across all income levels have long given generously. “This is different from the patterns in any other country,” writes the Philanthropy Roundtable.

Since the Great Recession, however, something has shifted. Middle- and low-income Americans are giving less. Giving continues to go up, thanks to the rich, but there’s a social question here. Smaller-scale donors tend to give closer to home – to projects that might not have a high profile or slick fundraising campaigns. The result of those smaller donations has been good works woven seamlessly into virtually every community nationwide by the generosity of the community itself.

"Aristocratic societies always contain ... a small number of very powerful and wealthy citizens each of whom has the ability to perform great enterprises single-handed,” wrote Alexis de Tocqueville in 1840. What made America exceptional, he added, was its citizens’ zeal to band together in common purpose and support. In other words, its Sylvia Blooms. 

Here are our five stories for today, including a look at the pull of populist thinking, the hope of a Baghdad renaissance, and the debate over what art actually is.  


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Today’s stories

And why we wrote them

NASA/AP
NASA's InSight mission to Mars, which launched on May 5, is expected to become the first to directly study the deep interior of a planet other than our own. In this artist's illustration, the InSight lander drills into the planet's surface.
SOURCE:

SEIS InSight

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Jacob Turcotte/Staff
Scott Peterson/Getty Images/The Christian Science Monitor
An Iraqi family eats in a fast-food restaurant at the Baghdad Mall in the upscale Mansour district of Baghdad in April. With the defeat of the Islamic State last year and a steep drop in attacks and casualties in Baghdad, Iraqis say they are feeling a greater sense of normalcy and safety.

The Monitor's View

AP Photo
Iranians stand in front of a Tehran bank, hoping to buy U.S. dollars at the new official exchange rate announced by the government April 10. Iran is enforcing a single exchange rate to the dollar, banning all unregulated trading after the country's currency, the rial, hit an all-time low.

A Christian Science Perspective

About this feature

A message of love

Gerald Herbert/AP
Newly elected New Orleans Mayor LaToya Cantrell is greeted by supporters as she dances in a parade after her inauguration in New Orleans May 7. She is the first woman to hold the job since the city’s founding 300 years ago. Addressing a large crowd in her inaugural address, Ms. Cantrell said: "There's only you and me and the work before us."
( The illustrations in today’s Monitor Daily are by Jacob Turcotte and courtesy of Hamid Naderi Yeganeh. )

A look ahead

Thanks for joining us today. We hope you’ll come back tomorrow. Correspondent Fred Weir has looked into the new Russian budget and found some surprising things. We’d also like to draw your attention to a story on CSMonitor.com today about a sexual harassment scandal connected with the world's most prestigious literary prize. It is forcing the international cultural establishment to rethink its values. Please click here to read it. 

More issues

2018
May
07
Monday
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