The companies working to better society and the planet are creating their own economy, but it’s up to us–and our governments–whether or not they succeed.
Imagine the world if we were able to double, triple, or even quadruple the number of problem solvers, the diversity of solutions, and the scale of social impacts.
Imagine if every government emulated NASA and opened up its toughest challenges for the world to solve.
Imagine if thousands more investors built off a patient- capital approach, sharing early-stage funding risk to sow the seeds of dignity and wealth.
Imagine if tens of millions of citizens started building better city blocks and other supportive communities; if every multi-billion- dollar company became a double- or triple-bottom-line business and directed resources to solving society’s problems.
Imagine if the number of social enterprises tripled and thousands of them had the size and scale to spread their innovations across continents.
We’ve started down the road to such a world. The solution revolution is a reality–and it’s growing. This growth, however, is uneven. It’s flourishing in the United States, the United Kingdom, India, Australia, parts of Africa, and in pockets of Europe. In whole regions of the world, however, the developments described in this book are still quite immature.
CULTIVATING A SOLUTION ECONOMY
The reason is simple: the solution economy grows to fill the space it’s given, and certain regions offer habitats more hospitable for a robust solution economy than others. Their governments provide room for creativity, their businesses embrace new measures of value, and their investors trust alternative currencies of return.
What accelerates the solution economy? What constrains it? Consider two European neighbors: France and the United Kingdom. In the United Kingdom, both Conservative and Labor governments have actively nurtured the social sector for more than a decade. The result is a large and rapidly growing economy of problem solvers and a changing role for government. Instead of shouldering almost sole responsibility for delivery, government increasingly catalyzes solutions. The United Kingdom has fewer civil servants today than at any time in the past seventy years, despite a population increase of 300 percent over the same period. Moreover, the country has experienced a rapid growth in civil society–a 40 percent increase in new charities and a doubling of large charities between 1995 and 2005.
The Latest Bing News on:
Solution Economy
- EQT says fracked gas is a climate solution, but scientists call that deceptive greenwashingon April 26, 2024 at 1:30 pm
EQT is pushing for more Liquified Natural Gas export facilities for fracked gas, calling it a climate solution.
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Renowned Ghanaian journalist and social commentator, Kwesi Pratt Jnr, has criticized the solutions provided by the International Monetary Fund (IMF) and the World Bank, stating that they do not ...
- Economic growth tops the priority list for Canadian policymakers — here’s whyon April 25, 2024 at 9:01 am
Drawing on insights from their recent book, two academics shed light on why Canada’s anemic growth should be a cause for concern.
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NBC producer Kyle Scott and 'Million Dollar Listing' star Ryan Serhant just launched a new sales coaching business, Sell It, to teach the most important entrepreneurial skill--selling.
- The Preschool Solution To The Energy Transitionon April 24, 2024 at 10:09 am
We would have already solved climate change if we practiced what we teach our preschoolers: “Playing together starts with sharing together.” ...
- LG Energy Solution to Combat Infringement By Launching Licensing Business for Battery Patentson April 23, 2024 at 11:21 pm
LG Energy Solution announced it will take a firm stance against companies that are infringing its battery patents. The South Korean battery maker said on Wednesday, April 24, that it will launch a new ...
- Empowering More Female Buyers Is the Solution to the Housing Crisis | Opinionon April 23, 2024 at 9:58 am
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- Indigenous peoples rush to stop ‘false climate solutions’ ahead of next international climate meetingon April 23, 2024 at 6:53 am
COP29 could make carbon markets permanent. Indigenous leaders are calling for a moratorium before it's too late.
- Commentary: Entrepreneurship as America’s debt solutionon April 19, 2024 at 2:31 am
By creating a thriving startup environment, we can generate a powerful economic engine that not only creates jobs but also stimulates broad-based tax revenue growth and helps to tackle the debt ...
- Immigration, productivity, inflation: Why finding the pandemic’s ‘missing women’ could be the solution to almost every challenge facing the U.S. economy todayon April 18, 2024 at 4:26 am
Increasing women’s labor force participation could provide a sustainable solution to some of the most pressing challenges facing the U.S. economy today.
The Latest Google Headlines on:
Solution Economy
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The Latest Bing News on:
Diversity of solutions
- Forbes Names Robert Half One of America's Best Employers for Diversityon April 26, 2024 at 1:54 pm
Robert Half has also been recognized by Forbes as one of the Best Employers for Women and is one of Newsweek's Most Responsible Companies. It's 2023 Leading With Integrity Report provides an in-depth ...
- Oakland University president, faculty leaders: Redirect campus diversity programs to original goalson April 24, 2024 at 5:06 pm
We are a university president and three faculty leaders. We are committed to diversity, equity, and inclusion.
- Diversity and productivity go branch-in-branch: Scientists share which forests can adapt to climate changeon April 24, 2024 at 11:00 am
Climate change can be characterized as the Grim Reaper or some other harbinger of dire times for humanity and natural environment, including forests. Previous studies reporting a decline in forest ...
- Facing mostly white juries, are Milwaukee County defendants of color truly judged by their peers?on April 24, 2024 at 5:21 am
Wrestling with a lack of diversity in Wisconsin jury pools, court officials are now including ID holders among those receiving summonses.
- Diversity and productivity go branch-in-branchon April 23, 2024 at 5:00 pm
Researchers found that forests with higher trait diversity not only adapt better to climate change but may also thrive. The study unveiled how tree functional trait diversity plays a pivotal role in ...
- ibex Named to Forbes Best Employers for Diversity 2024on April 23, 2024 at 10:07 am
WASHINGTON, April 23, 2024 (GLOBE NEWSWIRE) -- ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and ...
- Meet America’s Best Employers For Diversity 2024on April 23, 2024 at 6:50 am
From employee resource groups to pay equity initiatives, the organizations on this year's list illustrate why diversity, equity and inclusion matters in the workplace.
- Diversity, equity and inclusion will only survive and thrive by embracing right and wrongon April 22, 2024 at 4:01 am
Opinion: DEI proponents must not engage in re-writing history, and they must not decide who is deserving of protections and who is not.
- GOP Sen blasts ‘Diversity’ consultant’s ‘whiteness’ story, threatens investigationon April 21, 2024 at 4:00 am
Sen. J.D. Vance has ordered an investigation into a DEI consultant over a Forbes article about "decentering whiteness." ...
- Biometric identity verification launches and deals show diversity of approacheson April 18, 2024 at 3:32 pm
The biometric identity verification market covers a wide variety of sectors and use cases, but the breadth is not just in deployments.
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Dversity of solutions
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