Economic Crisis and opportunity
Sunday, November 9th, 2008In the last few weeks, much of the world has been concerned about the economic downturns and the end to the unsustainable. The question is how will we move to become sustainable?
Traditional capital liberalism has shown that is also can have vunerablities and has not accounted for the world of limited resources. The limited resource of the land, sea, air and water, the impacts of the unseen pollution impacting us all.
However, on the otherside, charity has existed for hundreds of years with handouts for this cause or that cause. In the last few years social entrepreneurship has emerged (both with for profit and non profit models) and made massive progress for humanity.
Charity does serve a purpose, but it will only account for a small percentage of the global economy. Social entrepreneurship could realistically account for 30% or more within our life times.
We are on the way around the world for social lending to expand, for communities to grow and to regenerate and for “Finance for our Future”