The Evolving Philanthropy Industry

Since the crises of 2008, the global financial system has shaken many societies, causing job losses, homelessness, sluggish economies, overhangs of unrepayable debt with central banks trying stimulative exercises to substitute for failing fiscal policies and political will.  Financial markets retreated into risk-averse, short-termism while needed long-term investments in infrastructure maintenance and redevelopment stalled.  Meanwhile, risks in the real world proliferated: water shortages, severe weather events and variability due to global average temperature rises, terrorism, conflicts, refugees, all reported in real-time by global and social media. 

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Hazel Henderson is founder of Ethical Markets Media.