The global challenges confronting us -- climate change, poverty,
inequality, and many others -- can feel overwhelming. Those of us who
believe in market-based solutions to these challenges get even more
disheartened when we regularly see our existing capitalist system
failing us, often causing more harm than good. Many examples show how
the capitalist tools of finance and investment can and make real,
positive impact. Approaches like blended finance and impact investing
can help accelerate progress against the world's biggest remaining
collective challenges. Yet use of these improved capitalist approaches
remains far too subscale. Blended finance and impact investing remain 15
to 200 times smaller than traditional approaches to finance and
investment. How can we continue to make capitalism work better by
scaling these approaches and others? This book looks at how we can start
making these necessary changes using strategies, structures, and
practices that take advantage of capitalism's strengths. Its goal is to
demonstrate how a reimagined financial system can be more inclusive and
accountable to all. By shifting away from extractive, short-term
practices in the name of shareholder primacy, we can move toward a
system that values the role of all stakeholders.