Episode 11 of our new podcast series, Money + Meaning: Unlikely Allies Building New Markets for Impact is now available!
Episode 11: Investing to End Poverty (Recorded Live at SOCAP 365 in Philadelphia, PA)
Amidst a Super Bowl championship, a broad sense of economic revival, and a burgeoning impact scene, Philadelphia remains the poorest big city in America. A full quarter of the population is living below the official poverty line and this intractable problem is not showing signs of improvement. With such a pervasive problem, strategic, layered solutions across multiple sectors are needed to address root causes and build new pathways forward.
Representing a wide range of organizations and approaches to alleviating poverty, this panel explores opportunities to spur economic growth for the region with a specific focus on improving economic mobility for low-income and marginalized residents and communities across the region. Business, finance, nonprofits and government are all critical players in the “impact economy” that is working to address historic inequities, tackle the root problems of systemic inequality, and collectively build a more equal and prosperous society.
Noelle St. Clair
Federal Reserve Bank of Philadelphia
Anne Bovaird Nevins
Wash Cycle Laundry
Host: Lindsay Smalling
Around the country, incomes are rising. In Philly, they’re falling by Alfred Lubrano for The Inquirer
ImpactPHL Perspectives, Volume 10: Fostering Economic Growth and Mobility in Philadelphia by Noelle St. Clair
Esperanza: Building Assets and On-Ramps For Mobility From Poverty In Philadelphia, a white paper Esperanza wrote as part of the US Partnership on Mobility from Poverty.
The American Dream Is Harder To Find In Some Neighborhoods, for NPR’s Morning Edition
Social Innovations to Advance Social Mobility Models in Urban Cities. Social Innovations Journal
About Money + Meaning
Money + Meaning is the official podcast of SOCAP. This series aims to expand the conversation around impact investing and strategies to finance and support social change while stimulating innovative and valuable new partnerships across sectors.