Thomas Frank: Nor a Lender Be

Hillary Clinton, liberal virtue, and the cult of the microloan

The day after International Women’s Day in March 2015, I attended a Clinton Foundation production put on by its No Ceilings initiative at the Best Buy Theater in New York City. It wasn’t a campaign event—the 2016 race had not really started at that point—nor was it a panel discussion, as there were no disagreements among the participants or questions from the audience. Instead, it was a choreographed presentation of various findings having to do with women’s standing in the world. But if you paid attention, the event provided a way to understand Hillary Clinton’s real views on the great social question before the nation—the problem of income inequality.

Onto the stage before us came former secretary of state Clinton, the Democratic Party’s heir apparent; Melinda Gates, the wife of the richest man in the world (the event was produced with the Bill & Melinda Gates Foundation); various NGO executives; a Hollywood celebrity; a Silicon Valley CEO; a best-selling author; an expert in women’s issues from Georgetown University; a Nobel Prize winner; and a large supporting cast of women from the Third World. Everyone strode with polished informality about the stage, reading their lines from an invisible tele­prompter. And back and forth, the presenters called out to one another in tones of supportiveness and sweet flattery.