Author Archives: wrenchinthegears

Pay for Success Finance Preys Upon The Poor: Presentation at Left Forum 6/29/19

I have the exciting opportunity to participate in a panel discussion with members of the Poor People’s Economic Human Rights Campaign at the Left Forum Conference coming up this weekend June 28-30 in Brooklyn, New York at Long Island University. The focus of our two-hour workshop will be building a Poor People’s Army. Here is […]

Doctrine of Discovery Redux: The Vatican’s Plans For Impact Investing

I watched the video of Helen Alford’s talk months ago, and I still can’t get it out of my head. A Dominican nun trained in “human-centered technology” who holds a PhD in engineering management from Cambridge regaling a room full of aspiring impact investors on how the Catholic church plans to be the conscience of […]

Big Brother, Blockchain Babies, Coded Religion, and “Good” Behavior

I wrapped up my previous post about the Alice.si blockchain social impact platform noting that digital identity is THE KEY element required to make speculative markets in human capital data function. The game of gambling on life outcomes requires: 1) unique personal identifiers 2) predictive analytics protocols to set the odds 3) constant monitoring of […]

Alice & Automated Poverty Management

At the end of my previous post I introduced Alice.si, an Ethereum Blockchain software platform investors developed to automate payments to “charitable” projects that prove “measurable impact.” The platform employs a “pay for results” structure, an approach adopted by numerous governments including ones in the United Kingdom, the United States, Canada and Australia. After years […]

What About Alice? The United Way, Collective Impact & Libertarian “Charity”

It seems the United Way is planning for a future inhabited by a mass underclass of precarious labor. In fact, this “future” may already be here, it’s just not evenly distributed as the quote attributed to William Gibson suggests. For the past few years United Way chapters nationwide have been mobilizing awareness campaigns around ALICE. The […]

When We’re The Packages: UPS, Annie E. Casey Foundation & Impact Investing

The Annie E. Casey Foundation, the United Way, and the Aspen Institute are in the process of rolling out a “two-generation,” coordinated program of data exploitation designed to enmesh poor families in ongoing systems of digital monitoring. In order to secure their most basic needs for survival, families in need will be expected to demonstrate […]

The Opioid Crisis In CT: How Family Data Collection Grows Pay for Success Profit

The next logical step in the evolution of pay for success finance is broadening the scope of interventions from individuals to families. Rather than focusing on a child that needs educational support, an incarcerated person planning for re-entry, a veteran’s PTSD, or a substance user’s recovery, investors are developing new models that expand targeted populations […]

Anti-Abortion Legislation and the Perverse Logic of Human Capital Impact Investing

If an increasingly automated Fourth Industrial Revolution economic system demands an abundance of poverty data to keep global capital markets moving, it makes sense that those in power might seek to increase births resulting from unwanted pregnancies. I do not believe it is coincidental that provisions for home-visits, widespread ACEs screenings, and early childhood investments […]

Philadelphia’s 5th District City Council Race: A Call For A Town Hall on Social Impact Investing

The image above was taken at a fall 2017 protest at the ribbon cutting for the Vaux Big Picture School in the Sharswood neighborhood of North Philadelphia, a HUD “Choice Neighborhood.” The middle school was closed for several years and reopened under the management of a private operator (though titularly still a “public” school). Big […]