Designing new capital ecosystems, together, is one way in which we can unlock and catalyse our extraordinary collective potential in extremely pragmatic ways.
Wonderful post and thanks for the link to the new Kresge study!
If we take perhaps the most vulnerable sector of the real economy--that of social care--it may also offer the greatest potential for innovation in both the areas of social finance and infrastructure-building. This sector also points toward the larger ecosystem of a social economy more typical of Southern Europe or the global South. The dynamics of a social economy suggest the need for a social market which facilitates replacing transactional relationships (which have brought us to a crisis of care) with relationships of reciprocity.
It's become clear, based on two decades of data, that we know how to create a system of localized, co-created care which is much superior to neoliberal, technocratic models.
We at the Solidarity Workshop have a team currently writing the first U.S.-focused feasibility study on this topic, utilizing cross-cultural comparisons from Emilia Romagna, Quebec and South Korea.
When published this fall, our research will likely suggest that a new inclusive capital collective can and should address the way an ecosystem approach to social care has delivered high levels of well-being for several decades now, if not longer. It's hard to think of a better or more needed initiative around which to mobilize impact finance.
Well put, Elias -- there are several key sectors in our economies and communities that are poised to be truly transformational, and social care is one of them.
Wonderful post and thanks for the link to the new Kresge study!
If we take perhaps the most vulnerable sector of the real economy--that of social care--it may also offer the greatest potential for innovation in both the areas of social finance and infrastructure-building. This sector also points toward the larger ecosystem of a social economy more typical of Southern Europe or the global South. The dynamics of a social economy suggest the need for a social market which facilitates replacing transactional relationships (which have brought us to a crisis of care) with relationships of reciprocity.
It's become clear, based on two decades of data, that we know how to create a system of localized, co-created care which is much superior to neoliberal, technocratic models.
We at the Solidarity Workshop have a team currently writing the first U.S.-focused feasibility study on this topic, utilizing cross-cultural comparisons from Emilia Romagna, Quebec and South Korea.
When published this fall, our research will likely suggest that a new inclusive capital collective can and should address the way an ecosystem approach to social care has delivered high levels of well-being for several decades now, if not longer. It's hard to think of a better or more needed initiative around which to mobilize impact finance.
Well put, Elias -- there are several key sectors in our economies and communities that are poised to be truly transformational, and social care is one of them.