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 … Continue reading “Pay for Success Finance Preys Upon The Poor: Presentation at Left Forum 6/29/19”

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 … Continue reading “Alice & Automated Poverty Management”

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

Home Visit Legislation: A Sales Pitch For Family Surveillance?

I’ve heard rumblings from folks in a number of states about pending legislation to establish home visit programs for expectant families or families with newborns or pre-school age children. So many families are struggling. Poverty is at an all time high. When hearing about such bills, those who have not been faced with the challenge … Continue reading “Home Visit Legislation: A Sales Pitch For Family Surveillance?”

Stanley Druckenmiller and Paul Tudor Jones: The Billionaire Networks Behind Harlem’s Human Capital Lab

Stanley Druckenmiller, also a hedge fund manager, recruited Gary Cohn of Goldman Sachs for the board of the Harlem Children’s Zone. As board chair, Druckenmiller shaped the leadership of the organization, which came from the highest echelons of New York’s finance sector. Druckenmiller and Geoffrey Canada had gone to school together at Bowdoin in Maine. … Continue reading “Stanley Druckenmiller and Paul Tudor Jones: The Billionaire Networks Behind Harlem’s Human Capital Lab”

When “Community Foundations” Go Global (Or Coastal)

Silicon Valley Community Foundation, Part Five Here for the introduction and parts one, two, three, and four. Community foundations were established a century ago to aggregate assets from individuals, families and businesses and advance the activities of nonprofits operating in a particular geographic area, hence the “community” designation. The first example is generally considered to be The Cleveland Foundation, … Continue reading “When “Community Foundations” Go Global (Or Coastal)”

Charter, Public Health, and Catholic Charity Interests Help Launch “Disruptive” Pay for Success Program

Silicon Valley Community Foundation, Part Four Click here for the introduction and parts one, two, three, and five. In a 2013 interview for the Mission Investors Exchange publication, “Community Foundation Field Guide to Impact Investing,” Chief Giving Officer Ellen Clement Glass stated there had been talk of exploring impact investing as early as 2006, before the … Continue reading “Charter, Public Health, and Catholic Charity Interests Help Launch “Disruptive” Pay for Success Program”

To Serve Man: It’s A Cookbook!

Silicon Valley Community Foundation, Part Two  Here for the introduction and parts one, three, four, and five. Not only is the Silicon Valley Community Foundation (SVCF) among the largest foundations in the country, it is also situated in the belly of the beast. The Bay Area is where vast amounts of venture capital have combined with … Continue reading “To Serve Man: It’s A Cookbook!”

Silicon Valley’s Social Impact Deal Maker

Silicon Valley Community Foundation, Part One Here for the introduction and parts two, three, four and five. Feature image is from this New York Times article. The Silicon Valley Community Foundation (SVCF) has been a key player in outcomes-based contracting test cases emerging in the Bay Area over the past five years (here for more … Continue reading “Silicon Valley’s Social Impact Deal Maker”

New Governors Pritzker and Newsom Set Up For Their ReadyNation Gold Rush

This past week will go down as an auspicious one for social impact investors and a foreboding one for the targets of their interventions: toddlers, job seekers, the unhoused, and those with mental illness. On November 1, 2018 corporate executives, military officers, athletes, and faith leaders converged on New York City to discuss the impending … Continue reading “New Governors Pritzker and Newsom Set Up For Their ReadyNation Gold Rush”