Our chief economics correspondent gives a helpful history of the origins of social investing, addresses some of the prevailing skepticism, and thinks of markets as "chat rooms" rather than just "listening devices."
The devastation of the Haiti earthquakes and the lack of infrastructure for responding to the disaster have deepened an ongoing debate over foreign aid, international development, and helping the poorest of the world's poor. Jacqueline Novogratz, whose Acumen Fund is reinventing that landscape with what it calls "patient capitalism," is charting a third way between investment for profit and aid for free.
A striking collection of essays, speeches, and books from an eclectic range of perspectives — from Martin Luther King to Bill Gates, from Simón Bolívar to Wendell Berry and Ursula Le Guin — that Novogratz recommends to foster empathy, self-awareness, and a business mindset in the Acumen Fellows.
Pertinent Posts from the On Being Blog
A passage from Letters to a Young Poet cited by Novogratz.
David Brooks' prescription for, and Binyavanga Wainaina's criticism of, foreign aid leaves a question unanswered.
A provocative post about the nature of development.
An innovator in social investing talks about three educators who influenced her most.
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Voices on the Radio
Host/Producer: Krista Tippett
Managing Producer: Kate Moos
Producer: Colleen Scheck
Associate Producer: Nancy Rosenbaum
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Associate Web Producer: Andrew Dayton
We explore the complex ethics of global aid with a young writer from Kenya, Binyavanga Wainaina. He is among a rising generation of African voices who bring a cautionary perspective to the morality and efficacy behind many Western initiatives to abolish poverty and speed development in Africa.