Wealth Inequality and The Fallacies of Impact Investing
"If we’re truly motivated to deconstruct the wealth inequalities that have ravaged and extracted wealth from rural, indigenous, and majority people of color communities, then we must rid ourselves of the power dynamics, biases, and culture that got us here in the first place. . . "
. . . 2015, Ford Foundation president Darren Walker penned a powerful essay arguing that formal philanthropy achieve not only generosity, but justice, calling for a new charter of philanthropy, a 21st century “Gospel of Wealth” that would accomplish what Andrew Carnegie’s proselytizing could not: address the root causes that perpetuate human suffering, wrestling not just with what is happening in the world, but also with how and why.
READ MORE > https://medium.com/balle/wealth-inequality-and-the-fallacies-of-impact-investing-eea902924309
No comments:
Post a Comment