For generations, people from all backgrounds have come to the US in pursuit of the American Dream: opportunity, access, resources and ultimately ownership. Yet many minorities are systematically excluded from drivers of wealth, such as home ownership and entrepreneurship. As a result, the racial wealth gap is widening, with predictions that by 2020 the median white household will own 86x more wealth than its black counterpart, and 68x more wealth than its Latino one. This panel explores systemic issues that have led to this inequity, why catalyzing wealth creation for communities of color should be a national imperative, and how we can invest in historically marginalized communities.
The textile and apparel industry is among the world’s most extractive and environmentally damaging industries, accounting for 10% of global CO2 emissions and 20% of industrial wastewater. This episode of Money + Meaning, a live recording from SOCAP18, explores circular fashion innovations that are working to turn the industry from extractive to regenerative.
Season 2 of Money + Meaning kicks off with a special episode featuring luminaries from the SOCAP18 main stage including Anand Giridharadas, Joy Anderson, Joan Carling, Mitch Kapor, and Amit Bhatia. Themes include gender lens investing, the racial wealth gap, indigenous rights, distinguishing real change from fake change, and how complex power structures underlie all these important discussions.
Unlikely Allies: Capital Impact Partners & Mission: Launch are working to address the link between mass incarceration and deep poverty by creating pathways to build financial health for returning citizens.
Live panel from “Investing to End Poverty” — featuring speakers from Federal Reserve Bank of Philadelphia, PIDC, Wash Cycle Laundry, GreenLight Fund, Esperanza US, and Triskeles Foundation.