Transforming Economies with Human-Centered Investments
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Discover the transformative power of investing in each other as we tackle market and social problems head-on. This episode kicks off with Elias Krim, who proposes a radical "third way" in economics through social co-ops emphasizing human-scale economies and community engagement. We’ll also uncover the environmental and social repercussions of PetroPeru's oil and gas activities in the Amazon, driven by financial instability, and explore Connecticut's innovative debt relief program designed to combat healthcare worker shortages and burnout. In a compelling discussion, we’ll also dissect the significance of divestment, particularly in light of student protests against university investments in major weapons manufacturers.
Join us as David Lidz of Streetwell shares his remarkable journey from personal recovery to social enterprise and community revitalization. You'll learn how his struggle with addiction led to the creation of an employee-owned contracting company and an impactful real estate portfolio focused on historically neglected neighborhoods. We then shift gears to reveal how cooperative economics can transform businesses into genuine community assets. With insights from Paul Saginaw of Zingerman, we illustrate the real-world success of prioritizing fair wages, good benefits, and community reinvestment over profit maximization. Prepare to be inspired by stories of enhanced worker compensation, improved worksite conditions, and true community upliftment.
https://streetwell.co/
https://www.wmar2news.com/local/an-employee-owned-cooperative-is-taking-on-baltimores-vacant-housing-crisis
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Arc Integrated
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Kapitler
1. Investing in Social Enterprise and Divestment (00:00:00)
2. Recovery, Employment, and Community Development (00:09:48)
3. Community Impact Through Cooperative Economics (00:17:37)
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