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How to Fix Capitalism: Start by Seeing Black Businesses as the Investment Opportunity They Are
In light of the George Floyd killing and the disproportionate impact of COVID-19 on Black communities, many are searching for ways to address systemic racism in the U.S. According to Tynesia Boyea-Robinson at CapEQ, one way to do this is to support and invest in Black businesses. She explores how investments in these businesses could add $55 billion to the U.S. economy and create 600,000 new jobs.
- Categories
- Entrepreneurship, Investing
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Impact Investing Grows, but There’s Still a Long Road to Financial Inclusion
More funds and firms are targeting financially underserved communities, but the impact investing movement and government funding need to be more accessible and intentional to address systemic inequalities and racial disparities in investing.
- Categories
- Impact Assessment, Investing
- Region
- North America
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‘Opportunity Zones’ Fall Short on Helping Low-Income Communities, Study Finds
“Opportunity zones,” a cornerstone of the White House plan to combat racial inequality, have mainly helped large real estate projects while many low-income communities have yet to benefit, according to a new study.
- Categories
- Coronavirus, Finance, Impact Assessment, Investing
- Region
- North America
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Viewpoint: The Aid Sector Must Do More to Tackle Its White Supremacy Problem
Racism is embedded in structures and power dynamics, so we should logically conclude that we are not immune
- Categories
- Entrepreneurship, Finance, Health Care
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In Philanthropy, Race Is Still a Factor in Who Gets What, Study Finds
The data is being released to show the philanthropic community how entrenched and persistent unequal funding is, said Cheryl L. Dorsey, president of Echoing Green
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Coronavirus is Shining a Light on America’s Lack of Paid Sick Leave: Here’s How Savings Can Help
As the coronavirus pandemic unfolds, public health authorities are encouraging people to stay home if they're sick. But for many U.S. workers – especially those with lower-incomes and gig economy jobs – taking a sick day is unpaid, so staying home has serious financial implications. Timothy Flacke at Commonwealth highlights this challenge, and discusses how innovative savings solutions can help.
- Categories
- Coronavirus, Finance, Health Care
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New Technologies Have Historically Led to Increased Inequality—Not Anymore
New developments can be an amazing social equaliser: 3D printing is democratising manufacturing, while mobile banking provides easy access to banking services and increases the earning power of small businesses. But access to technology often dictates what opportunities are available.
- Categories
- Technology
- Region
- South Asia
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Future Returns: Impact Investing in Latin America
Latin America, a region of over 630 million people, has emerged as a space for impact investors to seek market-rate returns.
- Categories
- Investing
- Region
- Latin America
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