Name: Post-crash, investing in a better world
Uploaded: 2009-09-02T08:58:00Z
Duration: 17 min 39 s
Description: As we reboot the world's economy, Geoff Mulgan poses a question: Instead of sending bailout money to doomed old industries, why not use stimulus funds to bootstrap some new, socially responsible companies -- and make the world a little bit better?

As we reboot the world's economy, Geoff Mulgan poses a question: Instead of sending bailout money to doomed old industries, why not use stimulus funds to bootstrap some new, socially responsible companies -- and make the world a little bit better?

Geoff Mulgan: Post-crash, investing in a better world

Post-crash, investing in a better world

Highlighting a shift towards a more social capitalism, it envisions an economy where value stems from relationships and care.

Proposes investing 1% of public spending in social innovation, potentially mirroring technology's productivity gains in society.

In a crisis, rethink capitalism: invest in social innovation to tackle deep-rooted societal issues, not just economic ones.