Save your spot at our Changemaker Showcase here! | July 14, 12 PM PT
Episode 49: Exploring Economic Justice with Steve Dubb

Episode 49: Exploring Economic Justice with Steve Dubb

On this episode of the Capital Insight podcast, hosts Jenny Kassan and Michelle Thimesch are joined by Steve Dubb, a senior editor of economic justice at Nonprofit Quarterly (NPQ), to explore what it takes to build an economy that works for people and the planet.

 

Steve observes that in recent years the United States has moved backward in terms of economic justice — the levels of wealth inequality and wage inequality have risen while conditions of work and autonomy at the job have gone down.

 

He credits short-termism as part of the reason for this backward trend but believes that the main reason is a massive shift in power: “It used to be that $1 million a year was considered a good CEO salary in the United States. Now if you’re not making $10 million, you’re doing something wrong. That’s a major shift.”

 

New models for investing are working to address issues of economic injustice. Steve outlines two examples, as well as his vision for a “solidarity economy.” Listen below for the full conversation.

 

 

Steve Dubb is a senior editor of economic justice at NPQ, where he writes and edits for Nonprofit Quarterly (including his Economy Remix column) and curates a monthly webinar series, Remaking the Economy. Throughout his career with cooperatives and nonprofits, Steve has authored, co-authored, and edited numerous reports; participated in and facilitated learning cohorts; designed community building strategies; and helped build the field of community wealth building. Steve is the lead author of Building Wealth: The Asset-Based Approach to Solving Social and Economic Problems and coauthor of The Road Half Traveled: University Engagement at a Crossroads. In 2016, Steve curated and authored Conversations on Community Wealth Building, a collection of interviews of community builders that Steve had conducted over the previous decade.

 

Subscribe to the Capital Insight podcast on your favorite streaming platform! 

 

Catch up on our latest episodes!

 

The Capital Insight podcast intro and outro is voiced by Marina Verlaine. She can be contacted at reel.peach.vo@gmail.com

Episode 48: Crowdfunding Regulations and Noncompliance: Breaking Down FINRA’s Million-Dollar Fines

Episode 48: Crowdfunding Regulations and Noncompliance: Breaking Down FINRA’s Million-Dollar Fines

On this episode of the Capital Insight podcast, Jenny and Michelle discuss recent important developments in crowdfunding regulations in light of significant fines issued against two major fundraising portals.

 

Recently, the Financial Industry Regulatory Authority (FINRA) fined two funding portals a combined total of $1.75 million, including a $1.4 million fine to WeFunder, the largest Regulation Crowdfunding portal. The action provides important insights into how FINRA will evaluate compliance with the intense investment crowdfunding regulations.

 

In this episode, Jenny and Michelle discuss what went wrong — from incorrectly managing campaigns to investment recommendations in marketing materials — and the impact this may have on the future of crowdfunding. As CEO of the crowdfunding platform Crowdfund Mainstreet, Michelle offers a unique perspective on the issue. “We have to stop alluding to this as a very simple, easy, fast way to raise money — crowdfunding is none of those things,” she says. “It takes a lot of work and effort. And in the end, it pays to do things by the book.”

 

Learn more about the FINRA action here.

 

 

Subscribe to the Capital Insight podcast on your favorite streaming platform! 

 

Catch up on our latest episodes!

 

The Capital Insight podcast intro and outro is voiced by Marina Verlaine. She can be contacted at reel.peach.vo@gmail.com