Social innovation requires us to 1) believe there is a constructive way to change seemingly intractable problems, 2) rethink problems and opportunities, sometimes flipping accepted wisdom on its head, and 3) apply concepts or frameworks from different disciplines to spot potential new solutions. Which is why we love this article from Forbes about what Deborah Frieze is doing in impact investing in Boston.
The Trump era in the US has triggered a lot of angst over the state of our democracy. There is a lot of blame going around. Everyone expresses concern about our civil discourse. New efforts to understand, restore, and strengthen democratic institutions and the social capital that undergirds them emerge daily. At the same time, there is a lot of talk about the economic inequality that may or may not, depending on who you listen to, have led to our current political reality. … Could one solution lie in the centuries old concept of cooperatives—shared ownership/management organizations for workers, producers, or consumers—renewed for the modern era?