article thumbnail

When It Comes to Promoting Prosperity, Production Beats Consumption

Stanford Social Innovation Review

Even philanthropists working on the economic issues of jobs and incomes tend to sidestep the root problem of how to strengthen an economy’s productive capabilities. as Korean firm Daewoo did with Bangladeshis in garments ), or providing more and more effective training support to firms on efficient operations and management.

article thumbnail

Capitalism, the Insecurity Machine: A Conversation with Astra Taylor

NonProfit Quarterly

RR: The book is based on your discovery that everyone’s “economic issues are also emotional ones.” Poverty, debt, and inequality are crucial to me. Let’s say you manage to save money, and you put it in your 401(k) because you don’t have state-provided security in old age. Most businesses don’t make it!

article thumbnail

Zero-Problem Philanthropy

Stanford Social Innovation Review

This approach would also systematically integrate socio-economic issues such as co-locating affordable housing and transit. He left his senior management position in Austria and purchased desert land North of Cairo where he and his family relocated. However, recent psychology research promotes a less deficit-oriented approach.