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As financial returns from traditional investments limp along at low levels due to the global economic and financial crisis, impact has become an important differentiator among investors There may not be enough money to solve the world's increasingly complex problems, but capital is gravitating towards investments that have a positive social or environmental impact. Delegates at the recent SOCAP 12 conference, an annual event dedicated to increasing the flow of capital towards social good, heard how the emerging field of "impact investing" is seeking to achieve more than just making a buck. As financial returns from traditional investments limp along at low levels because of the global economic and financial crisis, impact has become an important differentiator among investors.
President Obama’s current appeals to fairness — as in the wealthy paying their “fair share” and letting ordinary Americans have a “fair shot” at a middle class life — will likely do more harm than good for those of us who care about economic equality. A Gallup poll conducted in mid-December reports that 58% of Americans polled say that they do not see society divided into “haves” and “have nots” despite Occupy Wall Street’s efforts to highlight growing economic inequality. The references to fairness appear to be the Democrats’ attempt to capitalize on the rhethoric of the 99%, a tactic they should seriously reconsider as it will likely backfire with serious consequences to our nation. Fairness is inevitably in the eyes of the beholder.
I was talking recently to people who have been using our neighborhood rewards debit card in Bernal Heights , and they mentioned: Something we are striving more and more to do is to be considerate and conscious of supporting our neighbors. Sometimes, I could go find something cheaper, but then it wouldn’t support the merchants on the hill who are making Bernal what Bernal is.
In Continuing the Conversation on Resilience John Fullerton offered a provocative summary and invited more comments on the subject that started with examples found from Bill Reese and Donnella Meadows of resilience as “a Double Edged Sword” , like either social or biological diseases that change to become resistant to treatment. My comment on it got to be 1000 words…, so I just posted the introduction there, and continue it here, where I also can edit it if needed. Hmmm…. I think I both agree and disagree with all three, Geoff, Dave and Ted. I’m sure they’d point out problems with how I fit the various issues together, the way I draw the bigger picture too, of course.
This interview is part of an exclusive series Paper.li is doing with the CulturaDigital.Br festival in Rio . Paper.li is CulturaDigital.Br’s media partner and is bringing our community a taste of the keynote speakers’ talks ahead of the event. Peer-to-peer originated in technology… but can it help transform society?
Recently I have been following and participating in some political discussions on IRC and the Bitcoin forums .
IT IS a running joke among my friends that none of us does anything useful for society.