Segments in this Video

Supporting Local Economies (02:46)

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Globalization can harm local economies; activist Judy Wicks stresses the importance of supporting local economies. She asserts that food security, water security, and energy security, in all communities, is the foundation for world peace.

Social Entrepreneurs: ASHOKA (00:59)

Social entrepreneurs find innovative solutions to social problems. The organization ASHOKA supports the work of social entrepreneurs by providing grants and other support.

Social Entrepreneurs: Grameen Foundation (02:10)

Social entrepreneurs find innovative solutions to social problems. Grameen Bank provides micro-credit to some of the world's poorest people, empowering them to lift themselves out of poverty.

Community Investment Notes: The Calvert Foundation (01:09)

Major investment funds have begun to launch community investing efforts. The executive director of the Calvert Foundation explains the financial and social needs and benefits of these kinds of investments.

First Nations Development Institute (02:00)

Rebecca Adamson founded the First Nations Development Institute to support native peoples around the world in protecting their land, rights, and heritage. The design principles for First Nations' Lakota Fund and The Calvert Foundation's community investment notes are the same.

Investment at the Local Level (02:14)

Community investment programs channel investments directly to the local level. They often finance non-profit community developers, provide loans for housing, small business, and related support programs.

Equal Access to Communications (01:54)

The organization Equal Access works to help some of the world's most impoverished people achieve financial independence. Rather than providing money, the organization installs communications technologies as a path to economic freedom.

Ethical Globalization (02:33)

The worldwide trend toward developing community leaders who make local level changes represents an important step in the evolution of human society. Those working to empower new local leaders in a variety of ways describe their efforts.

Community Based Investment Banking (05:06)

Shore Bank investors and executives place equal value on profitability, community development, and conservation. The institution lends in under-invested communities, provides wealth-building opportunities, and promotes environmental stewardship.

Investing in Healthy Communities and Quality of Life (03:17)

Sustaining healthy communities requires investment in education, health, race relations, air and water quality, affordable housing, arts and culture, and more. Community oriented investing now provides comparable returns as other assets in financial markets.

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Community Investing: Ethical Markets 1

Part of the Series : Ethical Markets 1: Growing the Green Economy 1.0
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Description

While many nations and communities benefit from the fast track to globalization, others are in danger of being left behind. This program explores concepts embodied in the mantra, “Think globally, act locally,” focusing on businesses and organizations that help to revitalize isolated and disadvantaged areas, thereby expanding access to the wider economy. Judy Wicks, founder of Philadelphia’s White Dog Café, details her company’s policy of buying from local farmers, while Shari Berenbach of the Calvert Foundation advocates small business loans and community development corporations. C. K. Prahalad, author of The Fortune at the Bottom of the Pyramid, and Equal Access executive director Ronni Goldfarb also supply valuable insight. (28 minutes)

Length: 28 minutes

Item#: BVL37188

ISBN: 978-1-4213-6582-4

Copyright date: ©2005

Closed Captioned

Reviews & Awards

[This program is part of the series Ethical Markets.]

 

 “Ethical Markets should be a daily show broadcast on many networks. The world is crying for the ideas and examples of a new economics that ensures a sustainable future for all of us. Hazel Henderson and Simran Sethi introduce viewers to an awakening world of possibility. A world where profit pursues a triple-bottom-line, and where hope blossoms among a new set of entrepreneurs to build a better world for all. The real life case studies show that indeed another world is possible, in fact it's being born in places and businesses around the world. The wider world needs to hear these stories if we are  going to steer our spaceship earth towards a future that provides opportunity and security for all of us.” —Terry Link, Director, Office of Campus Sustainability, Michigan State University

 

“We found the Ethical Markets series so valuable, we built an entire college course in our Financial Studies curriculum around it.” —Carol S. Spalding, Ed.D., Open Campus President, Florida Community College at Jacksonville

Ethical Markets challenges us to think beyond what is and look instead at what can, should and must be the bedrock principles of a sustainable, global economy.” —James W. Knight, Dean, Division of Continuing Education, The University of Florida

Performance Rights

Prices include public performance rights.

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