Transform Finance’s Post

So grateful I got to participate in what might have been the birth of the Ownership Investing movement at Assemble100! 🎇   🕶️Ownership-lens investing is about growing the assets of lower income communities, recognizing that wealth, not just income, is a key lever to reduce inequality.   Here are few insights and questions I'm walking away with: ⭐ Eliminating the wealth gap is possible - we saw unprecedented drop during COVID thanks to government funding. There are an impressive array of proven efforts - such as employee ownership, baby bonds and shared ownership of real estate - that can shrink the gap even further. 🌩️This broad movement seeks to bring together people with a range of perspectives, in particular about whether our current economic system needs to be fundamentally changed. Can we hold the tensions and be explicit about trade-offs while still working together to build a movement? 💪The conversations about ownership investing often focus on wealth building, but true ownership provides governance rights also. Can this movement contribute to building power for lower income communities and communities of color to build an economy that truly works for everyone?   🙏Many thanks to Gary Community Ventures, The Aspen Institute Financial Security Program and The Bridgespan Group for hosting a great set of conversations and intentional connections.   🤔If you want to learn more about Ownership Investing, check-out the Transform Finance webinar from earlier this year featuring the most excellent Smitha Das and Santhosh Ramdoss https://lnkd.in/g-W_pw9X