Democratizing Community Development: An Interview with The Boston Ujima Project on SOCAP’s Money + Meaning Podcast Episode 2.6

What happens when the people who live and work in a community are able to pool capital then collectively decide how to use those funds for the betterment of everyone in their community? The Boston Ujima Project is answering that question by blending grassroots organizing with finance to build an equitable, community-based local economy. In this episode, Lindsay Smalling sits down with Aaron Tanaka and Lucas Turner-Owens of The Boston Ujima Project about how their project evolved, how they are using the power of cross-sector collaboration to solve challenges and build wealth at the local level, and the impact they are seeing in the communities they serve.

How Can We Build More Inclusive Food Systems? SOCAP Podcast Money + Meaning Episode 2.5

Tens of millions of American lack access to healthy, affordable food, resulting in negative health outcomes and slowing economic development across the country. Despite their potential for creating tremendous social and economic impact, these “good food entrepreneurs” and their ventures often face significant barriers to success. In this episode, we take a close look at The Michigan Good Food Fund, a $30 million public-private partnership loan fund that offers patient capital and business support to businesses that increase access to affordable, healthy food in low-income and underserved communities in Michigan.

User Data, Trust, and Transparency: SOCAP Podcast Money + Meaning Episode 2.4

As user data collection has evolved from web data to mobile to ubiquitous environmental sensing, important questions are being raised about data usage, consumer privacy, and corporate transparency. Topics discussed include: Who owns the vast amounts of personal data that are being collected today? Is privacy becoming something that only the rich can afford? Has user behavior created an economic incentive for companies to care about data and privacy breaches? How are governments attempting to regulate “big data”? This discussion features Erika Karp, the founder and CEO of Cornerstone Capital, an impact investing firm, Sonia Katyal, the Chancellor’s Professor of Law at UC Berkeley and the Co-Director of the Berkeley Center for Law & Technology, and Timothy Morey, the VP of Strategy for frog design, a global design and strategy consulting firm.

SOCAP Podcast Money + Meaning 2.3 The New American Dream: Creating Intergenerational Wealth for All

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.

SOCAP Podcast Money + Meaning 2.2, Circular Fashion: Innovations and Investment

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.