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Tag: global impact economy
The Welfare State is dead – long live the Kinky State
I don’t mean the type of adulterous scooter socialism enjoyed by French President Francois Hollande – I mean an agile and nimble State that is deftly able to do more with less. Kinky like an inflection point in a trend line. Kinky as in ‘crinkled’ and ‘intertwined’ and ‘complex’ and ‘strikingly unconventional’. Kinky like talk about the rise of smart power in a multi-polar world – because this is the new practical reality, not because the laissez-faire types won the ideological debate about the size of the state. Quite the contrary, it’s dangerous to mistake coincidence for causality.
World’s first financial index for impact investing unveiled
Press release: 11 December 2012, London (reblogged here 12 Dec)
Engaged Investment has launched a pilot to test the creation of the world’s first investment index for the growing emerging market of social investment (‘impact investing’, as it is called globally). This is an important next step forward towards creating the infrastructure needed for the global expansion of social finance.
Social investing : fixing capitalism with capitalism
Capitalism – in its current form – has let us down. We have seen this truism manifest itself globally, from the disruptive protests of the “Occupy” movements to mainstream debates such as Capitalism in Crisis, the in-depth series that the Financial Times ran at the beginning of 2012.
#OccupyLSX camp outside London Stock Exchange/ St Paul’s Cathedral in 2011 (image digitally altered from original)
Global Impact Economy Forum. US State Dept, Washington DC, 26 & 27 April 2012
I recently went to Washington to learn about the new global impact economy being advocated by US Secretary of State Hillary Clinton, and specifically to find out whether it is aligned with social business and social investment initiatives in Europe. Indeed, there is much more commonality than disparity, and (hopefully) this is the beginning of […]
Karl H Richter 