Ready to have your worldview shaken up? Prepare to meet Kevin Jones, the founder of Impact Investing Conference SoCap, who will challenge your perspective on the business world. Kevin reveals the often overlooked pitfalls of big businesses and their profit maximization – an often ruthless endeavor that overlooks worker welfare. He guides us through the intriguing notion of how investing locally can have a multiplier effect, leading to job creation and wealth accumulation over generations. Using the Shiloh community as an illustrative example, Kevin paints a vivid, compelling picture of the potential that local economies hold.
Picture a world where mission-driven land acquisition levels the playing field for small businesses against big corporations. Imagine if economic justice was not just a buzzword, but a tangible outcome of innovative financial solutions. This is not a dream, it's the vision of our guest, Kevin Doyle-Jones, the founder of the Impact Investing Conference known as SOCAP.
We kick things off by discussing the enormous power of impact investing and its potential to challenge the dominance of big banks. Kevin shares intriguing insights about how big banks' skewed interest rates influence the economic landscape. The conversation takes a joyful turn as we share the heartwarming news of medical debt cancellation for Columbus, Ohio residents. Kevin and I then challenge the traditional investing concept of 'two-pocket thinking'. We unveil how this mindset led us to start a conference, offering a fresh perspective on investing, philanthropy, and economic justice.
As we move further, we take a critical look at the traditional business school education and its potential disconnect with the realities of today's economy. We question BB&T Bank's substantial donation to a program advocating Ayn Rand's philosophies, and the potential implications it may have on future business leaders. But it's not all critique! We end on a positive note, envisioning the potential of a new economy and how SOCAP is a driving force in this evolution. Join us next week as we continue to explore this exciting frontier of impact investing and economic justice.
Our enlightening conversation with Kevin didn't stop there. We delved deeper with him into the fascinating world of catalytic investing and the promising shift towards impact investing. Kevin expertly deconstructs the concept of program-related investing, showcasing how it can be an effective tool in creating justice and fostering community growth. Also, we explore how innovations like immigrant saving circles are revolutionizing the investment field. Tune in and get ready to change your outlook on investing. You'll understand why it's not just about financial returns, but also about the long-term effects and the profound impact we can make in our world by simply investing in each other.
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