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Small Firms Are Still a Big Missed Opportunity in Development Philanthropy

Stanford Social Innovation Review

The problem is not lack of potential impact; SMEs represent nine out of 10 firms, the biggest employers worldwide, and without helping these firms grow, we cannot create jobs, lift people from poverty, empower women, or innovate solutions for the climate crisis. Why is philanthropy still hesitant? Business owners aren’t “poor enough.”

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Building an Economy with Purpose: The Transformative Potential of Baby Bonds

NonProfit Quarterly

The economy should not exist merely to serve markets or maximize profits or even gross domestic product (GDP); it should work to uplift human flourishing, equality, and shared prosperity. Government intervention can create meaningful change, but as the above examples illustrate, that change can often be for the worse.

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Ending Persistent Poverty in Rural America: The Role of CDFIs

NonProfit Quarterly

This article introduces a new series, titled Eradicating Rural Poverty: The Power of Cooperation. In 2014, six CDFIs located in regions of rural America beset by persistent poverty formed a coalition to remedy longstanding underinvestment. This article introduces our series Eradicating Rural Poverty: The Power of Cooperation.

Poverty 131
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What Does Finance for the People Look Like?

NonProfit Quarterly

Public bankscreated by governments and chartered to serve the public interestoffer a powerful model to advance racial equity, public accountability, and community self-determination. A recent report by the Office of the State Comptroller found that Rochester has the fifth-highest child poverty rate of any US city.

Finance 136
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Commentary: The Full Potential Of The Social Sector  

The NonProfit Times

That freedom has enabled them to conquer new horizons in business, revolutionizing online retail, the electric car market, and even the commercial space market. 22% of those workers are living below or just above the poverty line. Jody Levison-Johnson, Ph.D.,

Retail 83
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Monitoring Inequality: The Case for Widening Access to Innovations in Diabetes Management

NonProfit Quarterly

For many people with diabetes, particularly those living below the poverty line, the cost of CGMs makes them unattainable. Meanwhile, over the last few years, companies like ZOE and Oviva have been marketing CGMs as trendy, health-optimization tools for people who dont have diabetes.

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Nonprofits as Battlegrounds for Democracy

NonProfit Quarterly

While the title of the book might belie the scope of inquiry, Dunning makes the case that using nonprofits as a “tool for addressing urban problems” has led to a form of “urban governance” that uses private organizations to fulfill public, democratic rights. Dunning smartly points out that this approach turned rights into privilege.