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Capital and the Common Good

Capital and the Common Good PDF Author: Georgia Levenson Keohane
Publisher: Columbia University Press
ISBN: 023154166X
Category : Business & Economics
Languages : en
Pages : 263

Book Description
Despite social and economic advances around the world, poverty and disease persist, exacerbated by the mounting challenges of climate change, natural disasters, political conflict, mass migration, and economic inequality. While governments commit to addressing these challenges, traditional public and philanthropic dollars are not enough. Here, innovative finance has shown a way forward: by borrowing techniques from the world of finance, we can raise capital for social investments today. Innovative finance has provided polio vaccines to children in the DRC, crop insurance to farmers in India, pay-as-you-go solar electricity to Kenyans, and affordable housing and transportation to New Yorkers. It has helped governmental, commercial, and philanthropic resources meet the needs of the poor and underserved and build a more sustainable and inclusive prosperity. Capital and the Common Good shows how market failure in one context can be solved with market solutions from another: an expert in securitization bundles future development aid into bonds to pay for vaccines today; an entrepreneur turns a mobile phone into an array of financial services for the unbanked; and policy makers adapt pay-for-success models from the world of infrastructure to human services like early childhood education, maternal health, and job training. Revisiting the successes and missteps of these efforts, Georgia Levenson Keohane argues that innovative finance is as much about incentives and sound decision-making as it is about money. When it works, innovative finance gives us the tools, motivation, and security to invest in our shared future.

Capital and the Common Good

Capital and the Common Good PDF Author: Georgia Levenson Keohane
Publisher: Columbia University Press
ISBN: 023154166X
Category : Business & Economics
Languages : en
Pages : 263

Book Description
Despite social and economic advances around the world, poverty and disease persist, exacerbated by the mounting challenges of climate change, natural disasters, political conflict, mass migration, and economic inequality. While governments commit to addressing these challenges, traditional public and philanthropic dollars are not enough. Here, innovative finance has shown a way forward: by borrowing techniques from the world of finance, we can raise capital for social investments today. Innovative finance has provided polio vaccines to children in the DRC, crop insurance to farmers in India, pay-as-you-go solar electricity to Kenyans, and affordable housing and transportation to New Yorkers. It has helped governmental, commercial, and philanthropic resources meet the needs of the poor and underserved and build a more sustainable and inclusive prosperity. Capital and the Common Good shows how market failure in one context can be solved with market solutions from another: an expert in securitization bundles future development aid into bonds to pay for vaccines today; an entrepreneur turns a mobile phone into an array of financial services for the unbanked; and policy makers adapt pay-for-success models from the world of infrastructure to human services like early childhood education, maternal health, and job training. Revisiting the successes and missteps of these efforts, Georgia Levenson Keohane argues that innovative finance is as much about incentives and sound decision-making as it is about money. When it works, innovative finance gives us the tools, motivation, and security to invest in our shared future.

Economics for the Common Good

Economics for the Common Good PDF Author: Jean Tirole
Publisher: Princeton University Press
ISBN: 0691192251
Category : Business & Economics
Languages : en
Pages : 582

Book Description
"When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a 'dismal science,' is a positive force for the common good. Economists are rewarded for writing technical papers in scholarly journals, not joining in public debates. But Tirole says we urgently need economists to engage with the many challenges facing society, helping to identify our key objectives and the tools needed to meet them. To show how economics can help us realize the common good, Tirole shares his insights on a broad array of questions affecting our everyday lives and the future of our society, including global warming, unemployment, the post-2008 global financial order, the euro crisis, the digital revolution, innovation, and the proper balance between the free market and regulation. Providing a rich account of how economics can benefit everyone, Economics for the Common Good sets a new agenda for the role of economics in society"--Provided by publisher.

Religion as Social Capital

Religion as Social Capital PDF Author: Corwin E. Smidt
Publisher: Baylor University Press
ISBN: 0918954851
Category : Religion
Languages : en
Pages : 270

Book Description
While Robert Putnam's Bowling Alone (2000) highlighted the notion of volunteerism, little attention has been paid to religion's role in generating social capital--an ironic omission since religion constitutes the most common form of voluntary association in America today. Featuring essays by prominent social scientists, this is the first book-length, systematic examination of the relationship between religion and social capital and what effects religious social capital has on democratic life in the United States.

Catholic Schools and the Common Good

Catholic Schools and the Common Good PDF Author: Anthony S. BRYK
Publisher: Harvard University Press
ISBN: 0674029038
Category : Education
Languages : en
Pages : 417

Book Description
The authors examine a broad range of Catholic high schools to determine whether or not students are better educated in these schools than they are in public schools. They find that the Catholic schools do have an independent effect on achievement, especially in reducing disparities between disadvantaged and privileged students. The Catholic school of today, they show, is informed by a vision, similar to that of John Dewey, of the school as a community committed to democratic education and the common good of all students.

Finance and the Common Good

Finance and the Common Good PDF Author: Cor van Beuningen
Publisher:
ISBN: 9789463727914
Category : Economics
Languages : en
Pages : 208

Book Description
Over the past fifty years, (financial) capitalism has brought about an enormous growth in wealth. Millions around the world have been lifted out of poverty. However, the downsides of the present global economic constitution are rapidly becoming evident as well. Rising inequality, soaring debt levels, and repeated cycles of boom and bust have proven to be some of its key characteristics. After the 2008 crisis brought the financial system to the brink of collapse, new regulations, stricter supervision, higher capital requirements, and ethical codes were introduced to the sector. Today we find ourselves in the middle of another economic boom. Yet one pressing question remains: has anything changed? Have the (necessary) repairs fixed the flaws in the system? Or do we require even more fundamental reforms? This volume builds on the observation that society has co-evolved with the financial sector. We cannot simply claim that 'finance' was the sole instigator of the 2008 crisis. Society itself has become financialized; the process of replacing relations, structures of trust and reciprocity, by anonymous and systemic transactions. The volume poses vital questions with regard to this societal development. How did this happen? And more importantly: is change possible? If yes, how? This volume contains 21 essays on the themes mentioned above. Authors include Jan Peter Balkenende, Wouter Bos, Lans Bovenberg, Govert Buijs, and Herman Van Rompuy. A recommendation by Dutch Minister of Finance Wopke Hoekstra is also included.

Our Common Good

Our Common Good PDF Author: John Nickson
Publisher: Biteback Publishing
ISBN: 1785902202
Category : Social Science
Languages : en
Pages : 434

Book Description
Contemporary Britain is defined by the personal generosity and social commitment of our predecessors as much as by the state. But, as the state retreats, demands on the voluntary sector grow, the gap between the rich and the poor increases and charitable giving stagnates, our way of life is at risk. Will future generations live in a liberal democracy - or a plutocracy devoted to the interests of the rich and powerful? In this timely book, John Nickson, one of Britain's most experienced and successful fundraisers, argues that there will be catastrophic effects on our democracy unless we all commit to creating the social, cultural and intellectual capital we need to sustain society and our economy. Amid the challenges we face, there are opportunities: not least to transform the role of the state and the way the public, private and voluntary sectors work together to find innovative and enterprising solutions. Our Common Good explores the efforts of philanthropists, social entrepreneurs, and local authority, charity and business leaders, and reveals how their inspiring and practical solutions can build a better and fairer society.

Change Everything

Change Everything PDF Author: Christian Felber
Publisher: Zed Books Ltd.
ISBN: 1786997479
Category : Business & Economics
Languages : en
Pages : 279

Book Description
Is it possible for businesses to have a bottom line that is not profit and endless growth, but human dignity, justice, sustainability and democracy? Or an alternative economic model that is untainted by the greed and crises of current financial systems? Christian Felber says it is. Moreover, in Change Everything he shows us how. In this new and updated edition of the book that sparked a global movement, Christian Felber proposes a blueprint for an economics of everybody: ethical, dignified, sustainable and principled. He shows that The Economy for the Common Good is not just an idea, but has already become a broad international movement with thousands of people, companies, communities and organizations participating, developing and implementing it.

For the Common Good

For the Common Good PDF Author: Herman E. Daly
Publisher: Beacon Press (MA)
ISBN:
Category : Business & Economics
Languages : en
Pages : 492

Book Description
Daly (economist, the World Bank) and Cobb (philosophy, Claremont Graduate School) expose the outmoded abstractions of mainstream economic theory. They conclude, in particular, that economic growth--the prevailing yardstick for measuring economic success--is no longer an appropriate goal as energy consumption, overpopulation, and pollution increase. Instead, they propose a new measure for the economy--the Index of Sustainable Economic Welfare. Annotation copyrighted by Book News, Inc., Portland, OR

Trust

Trust PDF Author: Marek Kohn
Publisher: Oxford University Press
ISBN: 0199217920
Category : Business & Economics
Languages : en
Pages : 161

Book Description
Trust lies at the very heart of our relationships, our society, and our everyday lives. Kohn's essay consider its connections to a wider complex of factors, including equality, social capital, community, democracy, and health.

Economics for the Common Good

Economics for the Common Good PDF Author: Mark A Lutz
Publisher: Routledge
ISBN: 1134764081
Category : Business & Economics
Languages : en
Pages : 501

Book Description
This textbook presents an introduction to the central issues of social economics. Building on a venerable social economics tradition, the book recommends a more rational economic order and proposes new principles of economic policy. The issues covered include: * the inadequacy of individualistic economics in guiding the policy maker * a critique of economic rationality * rethinking of the modern business corporation * a critical look at markets as panacea * the harmful effects of international competition * environmental problems. The book introduces social economic concepts and challenges the reader to look beyond the confines of mainstream economic thinking to find a solution to these critical issues.