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The Case for Catalytic Philanthropy

The Necessary Condition for a More Inclusive World.

The problem Since the Industrial Revolution, capitalism has dramatically raised the standard of living around the world, particularly in China and India, but it has done so unequally. Today, 3 billion of the world’s poorest have as much wealth as the eight richest men on Earth. Capitalism is geared towards the pursuit of profit as a default setting. What this means in practice is that capital naturally tends to find its way to lucrative markets (for instance, highly populated countries), profitable consumers (i.e. the wealthy and emergent middle classes), profitable sectors (such as technology and consumer goods), and profitable inventions…
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Farahnaz Karim is a Harvard-educated social entrepreneur, political scientist, and humanist, with decades of field experience designing and managing development programs in countries such as Afghanistan, India and Kenya. She is founder and CEO of Insaan Group, a boutique impact investment entity that allocates philanthropic capital to tackle poverty.
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