Peter Buffett wrote an op ed titled "The Charitable Industrial Complex" that ran in the New York Times over the weekend.
As the son of Warren Buffett, the author's point of view might be different from most when it comes to issues of philanthropy and economic security. Be that as it may, we like the piece because it raises some good (and sometimes difficult) questions. Questions that we are also grappling with in our Economics of Mutuality endeavors.
It’s time for a new operating system. Not a 2.0 or a 3.0, but something built from the ground up. New code.
What we have is a crisis of imagination. Albert Einstein said that you cannot solve a problem with the same mind-set that created it. Foundation dollars should be the best “risk capital” out there.