thank you an actus your check is in the mail
I’m Jim Kuchar and I’m here to tell you
I’m Jim Kuchar and I’m here to tell you that capitalism is not a bad thing I do
that capitalism is not a bad thing I do
that capitalism is not a bad thing I do however think we kind of screwed it up
however think we kind of screwed it up
however think we kind of screwed it up in the past couple years before I get
in the past couple years before I get
in the past couple years before I get started I got to do something I just
started I got to do something I just
started I got to do something I just want to acknowledge the woman with the
want to acknowledge the woman with the
want to acknowledge the woman with the tiara
tiara
tiara what talk to me
what talk to me
what talk to me what’s the tiara about it’s your
what’s the tiara about it’s your
what’s the tiara about it’s your birthday what’s your name what’s your
birthday what’s your name what’s your
birthday what’s your name what’s your name what’s your name
name what’s your name
name what’s your name Haley happy birthday to you happy
Haley happy birthday to you happy
Haley happy birthday to you happy birthday to you happy birthday dear
birthday to you happy birthday dear
birthday to you happy birthday dear Haley happy birthday to you
Haley happy birthday to you
Haley happy birthday to you [Applause]
[Applause]
[Applause] you have now been embarrassed on the
you have now been embarrassed on the
you have now been embarrassed on the Internet congratulations
Internet congratulations
Internet congratulations all right most of you know who this guy
all right most of you know who this guy
all right most of you know who this guy is right yes hello okay thank you this
is right yes hello okay thank you this
is right yes hello okay thank you this is a participatory sport so regardless
is a participatory sport so regardless
is a participatory sport so regardless of how you may feel about the election
of how you may feel about the election
of how you may feel about the election one of the really interesting things
one of the really interesting things
one of the really interesting things that Bernie Sanders did was he really
that Bernie Sanders did was he really
that Bernie Sanders did was he really brought to the forefront a feeling that
brought to the forefront a feeling that
brought to the forefront a feeling that a lot of people have that there is
a lot of people have that there is
a lot of people have that there is something wrong with capitalism the
something wrong with capitalism the
something wrong with capitalism the interesting thing is this is not an
interesting thing is this is not an
interesting thing is this is not an American phenomenon this is not isolated
American phenomenon this is not isolated
American phenomenon this is not isolated to our country nor to our political
to our country nor to our political
to our country nor to our political system this is Jeremy Corbyn Jeremy
system this is Jeremy Corbyn Jeremy
system this is Jeremy Corbyn Jeremy Corbyn is a British Member of Parliament
Corbyn is a British Member of Parliament
Corbyn is a British Member of Parliament he was involved actively in the brexit
he was involved actively in the brexit
he was involved actively in the brexit activities he like Bernie Sanders
activities he like Bernie Sanders
activities he like Bernie Sanders describes himself as a socialist
describes himself as a socialist
describes himself as a socialist Democrat this guy is Yanis varoufakis
Democrat this guy is Yanis varoufakis
Democrat this guy is Yanis varoufakis he’s remember the Greek parliament for
he’s remember the Greek parliament for
he’s remember the Greek parliament for about a year and a half he was actually
about a year and a half he was actually
about a year and a half he was actually the finance minister in Greece and he
the finance minister in Greece and he
the finance minister in Greece and he describes himself as a libertarian
describes himself as a libertarian
describes himself as a libertarian Marxist these are just three quick
Marxist these are just three quick
Marxist these are just three quick examples of folks around the globe that
examples of folks around the globe that
examples of folks around the globe that are really having conversations about
are really having conversations about
are really having conversations about whether or not the inherent fundamental
whether or not the inherent fundamental
whether or not the inherent fundamental process of capitalism is wrong many of
process of capitalism is wrong many of
process of capitalism is wrong many of them talking about returning to
them talking about returning to
them talking about returning to socialism some other things Margaret
socialism some other things Margaret
socialism some other things Margaret Thatcher said that the problem of
Thatcher said that the problem of
Thatcher said that the problem of socialism is you eventually run out of
socialism is you eventually run out of
socialism is you eventually run out of other people’s money some other crazy
other people’s money some other crazy
other people’s money some other crazy guy said that in order to redistribute
guy said that in order to redistribute
guy said that in order to redistribute wealth which is the core fundamental
wealth which is the core fundamental
wealth which is the core fundamental thought of socialism you first have to
thought of socialism you first have to
thought of socialism you first have to create wealth wealth does not come out
create wealth wealth does not come out
create wealth wealth does not come out of the clouds
of the clouds
of the clouds it must be created or in the words of
it must be created or in the words of
it must be created or in the words of that great historical well-known
that great historical well-known
that great historical well-known philosopher nothing from nothing leaves
philosopher nothing from nothing leaves
philosopher nothing from nothing leaves nothing
there is no doubt that there is huge
there is no doubt that there is huge concern in our society that people are
concern in our society that people are
concern in our society that people are actively being hurt that there is a lot
actively being hurt that there is a lot
actively being hurt that there is a lot of pain in our society and around the
of pain in our society and around the
of pain in our society and around the globe about flaws in the economic system
most of you remember the 2002 seven
most of you remember the 2002 seven 2007-2008 financial crisis we are still
2007-2008 financial crisis we are still
2007-2008 financial crisis we are still recovering from that most economists
recovering from that most economists
recovering from that most economists would say some of you may remember
would say some of you may remember
would say some of you may remember Occupy Wall Street a couple dozen
Occupy Wall Street a couple dozen
Occupy Wall Street a couple dozen crazies in Zuccotti Park and lower
crazies in Zuccotti Park and lower
crazies in Zuccotti Park and lower Manhattan turned into 951 cities in 82
Manhattan turned into 951 cities in 82
Manhattan turned into 951 cities in 82 countries in a month
countries in a month
countries in a month it went from five people in a tent in
it went from five people in a tent in
it went from five people in a tent in Zuccotti Park to 951 cities and
Zuccotti Park to 951 cities and
Zuccotti Park to 951 cities and eighty-two countries that says
eighty-two countries that says
eighty-two countries that says something’s up here and its global my
something’s up here and its global my
something’s up here and its global my man Pope Francis 2014 no to an economy
man Pope Francis 2014 no to an economy
man Pope Francis 2014 no to an economy of exclusion no to the idolatry of money
of exclusion no to the idolatry of money
of exclusion no to the idolatry of money no to a financial system which rules
no to a financial system which rules
no to a financial system which rules rather than serves something must have
rather than serves something must have
rather than serves something must have happened
happened
happened Milton Friedman Nobel Prize winning
Milton Friedman Nobel Prize winning
Milton Friedman Nobel Prize winning economist Chicago School of Economics
economist Chicago School of Economics
economist Chicago School of Economics 1970 editorial in the New York Times
1970 editorial in the New York Times
1970 editorial in the New York Times said the social responsibility of bills
said the social responsibility of bills
said the social responsibility of bills social responsibility of business is to
social responsibility of business is to
social responsibility of business is to increase its profits okay that’s nice
increase its profits okay that’s nice
increase its profits okay that’s nice and yes
and yes
and yes running a business and making money and
running a business and making money and
running a business and making money and earning income is a good way to
earning income is a good way to
earning income is a good way to contribute to society you do provide
contribute to society you do provide
contribute to society you do provide jobs you do increase the welfare the
jobs you do increase the welfare the
jobs you do increase the welfare the economy that’s all a good thing Friedman
economy that’s all a good thing Friedman
economy that’s all a good thing Friedman has become misquoted over the years and
has become misquoted over the years and
has become misquoted over the years and what we’ve come to interpret freedoms
what we’ve come to interpret freedoms
what we’ve come to interpret freedoms Friedman’s work to actually say is that
Friedman’s work to actually say is that
Friedman’s work to actually say is that the sole purpose of a corporation is to
the sole purpose of a corporation is to
the sole purpose of a corporation is to maximize its return to shareholders and
maximize its return to shareholders and
maximize its return to shareholders and from there it’s a very quick jump to
from there it’s a very quick jump to
from there it’s a very quick jump to seeing things like clear cutting a
seeing things like clear cutting a
seeing things like clear cutting a forest and using a stream as a way to
forest and using a stream as a way to
forest and using a stream as a way to deposit your industrial waste that what
deposit your industrial waste that what
deposit your industrial waste that what we should do is anytime we have a
we should do is anytime we have a
we should do is anytime we have a company we should stand on the gas pedal
company we should stand on the gas pedal
company we should stand on the gas pedal as hard as we can make it as big as we
as hard as we can make it as big as we
as hard as we can make it as big as we can and to hell with anybody
can and to hell with anybody
can and to hell with anybody else that gets in our way that thought
else that gets in our way that thought
else that gets in our way that thought actually came out of an earlier thought
actually came out of an earlier thought
actually came out of an earlier thought Garrett Hardin also a Nobel
Garrett Hardin also a Nobel
Garrett Hardin also a Nobel prize-winning economist what was
prize-winning economist what was
prize-winning economist what was something called the theory of the
something called the theory of the
something called the theory of the Commons the tragedy of the Commons that
Commons the tragedy of the Commons that
Commons the tragedy of the Commons that says essentially this is his sort of
says essentially this is his sort of
says essentially this is his sort of academic way of saying it but I’ll break
academic way of saying it but I’ll break
academic way of saying it but I’ll break it down for you into real basic words
it down for you into real basic words
it down for you into real basic words basically what he said is that human
basically what he said is that human
basically what he said is that human beings left to their own devices will do
beings left to their own devices will do
beings left to their own devices will do whatever they can to maximize their own
whatever they can to maximize their own
whatever they can to maximize their own position even if it means hurting other
position even if it means hurting other
position even if it means hurting other people in other words the collective
people in other words the collective
people in other words the collective economy doesn’t work because we’re too
economy doesn’t work because we’re too
economy doesn’t work because we’re too competitive and we just try to beat each
competitive and we just try to beat each
competitive and we just try to beat each other up all the time that’s what Hardin
other up all the time that’s what Hardin
other up all the time that’s what Hardin said that’s where Friedman’s thoughts
said that’s where Friedman’s thoughts
said that’s where Friedman’s thoughts came from those are the fundamental
came from those are the fundamental
came from those are the fundamental tenants of what we know now as the
tenants of what we know now as the
tenants of what we know now as the American capitalist system that’s not
American capitalist system that’s not
American capitalist system that’s not what it was built to be Adam Smith one
what it was built to be Adam Smith one
what it was built to be Adam Smith one of the founding thinkers in capitalism
of the founding thinkers in capitalism
of the founding thinkers in capitalism was actually designing a system that was
was actually designing a system that was
was actually designing a system that was intended to free people from the tyranny
intended to free people from the tyranny
intended to free people from the tyranny of feudalism let me break that down for
of feudalism let me break that down for
of feudalism let me break that down for you real quick
you real quick
you real quick feudalism is the lord of the manor and
feudalism is the lord of the manor and
feudalism is the lord of the manor and everybody else in the manor is
everybody else in the manor is
everybody else in the manor is essentially a slave Smith said well you
essentially a slave Smith said well you
essentially a slave Smith said well you know what if we could start to have
know what if we could start to have
know what if we could start to have divisions of labor and start to build
divisions of labor and start to build
divisions of labor and start to build businesses maybe we could free that
businesses maybe we could free that
businesses maybe we could free that Henry Ford Henry Ford was not trying to
Henry Ford Henry Ford was not trying to
Henry Ford Henry Ford was not trying to build a global automotive empire Henry
build a global automotive empire Henry
build a global automotive empire Henry Ford was actually trying to build an
Ford was actually trying to build an
Ford was actually trying to build an employment engine not a huge global
employment engine not a huge global
employment engine not a huge global conglomerate he was actually trying to
conglomerate he was actually trying to
conglomerate he was actually trying to build something that could simply
build something that could simply
build something that could simply provide steady employment and a good
provide steady employment and a good
provide steady employment and a good wage for his people I love this woman
wage for his people I love this woman
wage for his people I love this woman this woman is Elinor Ostrom
this woman is Elinor Ostrom
this woman is Elinor Ostrom owner Ostrom is very interesting for a
owner Ostrom is very interesting for a
owner Ostrom is very interesting for a couple of reasons
couple of reasons
couple of reasons Elinor Ostrom is the only woman to ever
Elinor Ostrom is the only woman to ever
Elinor Ostrom is the only woman to ever win the Nobel Prize in Economics Elinor
win the Nobel Prize in Economics Elinor
win the Nobel Prize in Economics Elinor Ostrom is actually not an economist
Ostrom is actually not an economist
Ostrom is actually not an economist she’s a political scientist what she won
she’s a political scientist what she won
she’s a political scientist what she won the Nobel Prize for was disproving the
the Nobel Prize for was disproving the
the Nobel Prize for was disproving the theory of Commons that the tragedy of
theory of Commons that the tragedy of
theory of Commons that the tragedy of the Commons doesn’t actually
the Commons doesn’t actually
the Commons doesn’t actually happen that people can actually overcome
happen that people can actually overcome
happen that people can actually overcome that tendency to want to compete with
that tendency to want to compete with
that tendency to want to compete with each other and work together and what
each other and work together and what
each other and work together and what she used to prove that was lobster
she used to prove that was lobster
she used to prove that was lobster fishing in Maine lobster fishing in
fishing in Maine lobster fishing in
fishing in Maine lobster fishing in Maine was so bad and so competitive that
Maine was so bad and so competitive that
Maine was so bad and so competitive that the lobstermen were on their boats with
the lobstermen were on their boats with
the lobstermen were on their boats with shotguns and they would go in and cut
shotguns and they would go in and cut
shotguns and they would go in and cut each other’s lobster trap cords just to
each other’s lobster trap cords just to
each other’s lobster trap cords just to get rid of the other competitor and keep
get rid of the other competitor and keep
get rid of the other competitor and keep the lobster fishery to themselves they
the lobster fishery to themselves they
the lobster fishery to themselves they finally realized that this was crazy
finally realized that this was crazy
finally realized that this was crazy this was unsustainable they got together
this was unsustainable they got together
this was unsustainable they got together and they divided up the lobster fishery
and they divided up the lobster fishery
and they divided up the lobster fishery along the Maine coast into zones and
along the Maine coast into zones and
along the Maine coast into zones and each lobster fisherman is assigned a
each lobster fisherman is assigned a
each lobster fisherman is assigned a zone and an area and they fish that this
zone and an area and they fish that this
zone and an area and they fish that this has been so successful that the lobster
has been so successful that the lobster
has been so successful that the lobster fishery in Maine has completely come
fishery in Maine has completely come
fishery in Maine has completely come back last summer when my wife and I were
back last summer when my wife and I were
back last summer when my wife and I were remain we were buying Lobster off the
remain we were buying Lobster off the
remain we were buying Lobster off the boat for a dollar 25 a pound that’s how
boat for a dollar 25 a pound that’s how
boat for a dollar 25 a pound that’s how well this has come back because people
well this has come back because people
well this has come back because people said wait a minute we don’t have to do
said wait a minute we don’t have to do
said wait a minute we don’t have to do this we can work together to make this a
this we can work together to make this a
this we can work together to make this a better place Thank You Eleanor
better place Thank You Eleanor
better place Thank You Eleanor traditionally we’ve used charity to try
traditionally we’ve used charity to try
traditionally we’ve used charity to try to solve these kinds of social problems
to solve these kinds of social problems
to solve these kinds of social problems you can’t walkathon your way out of this
you can’t walkathon your way out of this
you can’t walkathon your way out of this problem a walkathon gets you quarters
problem a walkathon gets you quarters
problem a walkathon gets you quarters not dollars and not hundreds of dollars
not dollars and not hundreds of dollars
not dollars and not hundreds of dollars and you can’t go to a foundation to get
and you can’t go to a foundation to get
and you can’t go to a foundation to get it because the way the tax system is set
it because the way the tax system is set
it because the way the tax system is set up right now charitable foundations are
up right now charitable foundations are
up right now charitable foundations are only required to give away five percent
only required to give away five percent
only required to give away five percent of their assets math majors in the room
of their assets math majors in the room
of their assets math majors in the room will very quickly realize that means
will very quickly realize that means
will very quickly realize that means they hold on to ninety five percent of
they hold on to ninety five percent of
they hold on to ninety five percent of it that’s not using money to make the
it that’s not using money to make the
it that’s not using money to make the world a better place in addition to that
world a better place in addition to that
world a better place in addition to that there are all sorts of issues around the
there are all sorts of issues around the
there are all sorts of issues around the nonprofit behavior complex you’re
nonprofit behavior complex you’re
nonprofit behavior complex you’re essentially begging for money which is
essentially begging for money which is
essentially begging for money which is never a good thing in terms of human
never a good thing in terms of human
never a good thing in terms of human dignity you have a very hard time
dignity you have a very hard time
dignity you have a very hard time telling it works no donor wants to pay
telling it works no donor wants to pay
telling it works no donor wants to pay for operations day to day work they all
for operations day to day work they all
for operations day to day work they all want to pay for the next big shiny
want to pay for the next big shiny
want to pay for the next big shiny object but they don’t want to pay for
object but they don’t want to pay for
object but they don’t want to pay for the next big thing too many of them are
the next big thing too many of them are
the next big thing too many of them are around trying to keep their
around trying to keep their
around trying to keep their organizations intact rather than making
organizations intact rather than making
organizations intact rather than making the world a better place and then the
the world a better place and then the
the world a better place and then the last one which I a friend of mine coined
last one which I a friend of mine coined
last one which I a friend of mine coined the phrase the white Savior industrial
the phrase the white Savior industrial
the phrase the white Savior industrial complex which basically says we’re going
complex which basically says we’re going
complex which basically says we’re going to parachute into your neighborhood and
to parachute into your neighborhood and
to parachute into your neighborhood and we know better and
we know better and
we know better and we’re going to deliver social change for
we’re going to deliver social change for
we’re going to deliver social change for you as opposed to coming in with
you as opposed to coming in with
you as opposed to coming in with humility and saying how can we help
humility and saying how can we help
humility and saying how can we help well what about government maybe
well what about government maybe
well what about government maybe government can fix the problem
anybody got enough sense of history to
anybody got enough sense of history to recognize who that guy is in the bottom
recognize who that guy is in the bottom
recognize who that guy is in the bottom in the middle
it’s rod Blagojevich former governor of
it’s rod Blagojevich former governor of Illinois currently serving time in a
Illinois currently serving time in a
Illinois currently serving time in a federal penitentiary for trying to sell
federal penitentiary for trying to sell
federal penitentiary for trying to sell Barack Obama’s Senate seat when he was
Barack Obama’s Senate seat when he was
Barack Obama’s Senate seat when he was elected president just next door to him
elected president just next door to him
elected president just next door to him is Mark Sanford former governor of South
is Mark Sanford former governor of South
is Mark Sanford former governor of South Carolina who disappeared from his office
Carolina who disappeared from his office
Carolina who disappeared from his office one day they couldn’t find him for about
one day they couldn’t find him for about
one day they couldn’t find him for about a week when he showed up he said he’d
a week when he showed up he said he’d
a week when he showed up he said he’d been out hiking on the Appalachian Trail
been out hiking on the Appalachian Trail
been out hiking on the Appalachian Trail he was in Brazil with his mistress he’s
he was in Brazil with his mistress he’s
he was in Brazil with his mistress he’s actually been reelected as a senator now
actually been reelected as a senator now
actually been reelected as a senator now fascinating story that building on the
fascinating story that building on the
fascinating story that building on the top is the wall street I receive me the
top is the wall street I receive me the
top is the wall street I receive me the Watergate complex for those of you that
Watergate complex for those of you that
Watergate complex for those of you that are history majors clearly letting
are history majors clearly letting
are history majors clearly letting government acting their own devices
government acting their own devices
government acting their own devices isn’t going to solve this problem well
isn’t going to solve this problem well
isn’t going to solve this problem well what if we just share it all well
what if we just share it all well
what if we just share it all well Tiananmen Square and some other
Tiananmen Square and some other
Tiananmen Square and some other experiments have proven that that
experiments have proven that that
experiments have proven that that doesn’t really work well if you read the
doesn’t really work well if you read the
doesn’t really work well if you read the last chapters of Animal Farm you’ll find
last chapters of Animal Farm you’ll find
last chapters of Animal Farm you’ll find that it just ends ugly historically we
that it just ends ugly historically we
that it just ends ugly historically we have relied hello how did we die there
have relied hello how did we die there
have relied hello how did we die there we go
we go
we go historically we’ve relied on our
historically we’ve relied on our
historically we’ve relied on our neighbors our friends our social systems
neighbors our friends our social systems
neighbors our friends our social systems our faith structures that’s great but
our faith structures that’s great but
our faith structures that’s great but what about the people that don’t have
what about the people that don’t have
what about the people that don’t have those networks what about the people
those networks what about the people
those networks what about the people that are disenfranchised in some way
that are disenfranchised in some way
that are disenfranchised in some way what about the people that don’t fit in
what about the people that don’t fit in
what about the people that don’t fit in to one of those boxes well let’s get
to one of those boxes well let’s get
to one of those boxes well let’s get back to capitalism for a second I said
back to capitalism for a second I said
back to capitalism for a second I said at the beginning of my conversation I
at the beginning of my conversation I
at the beginning of my conversation I was here to say that capitalism is a
was here to say that capitalism is a
was here to say that capitalism is a good thing what the capitalist system
good thing what the capitalist system
good thing what the capitalist system has done is allowed us to develop a
has done is allowed us to develop a
has done is allowed us to develop a process of innovation a speed of
process of innovation a speed of
process of innovation a speed of innovation a rate of change and
innovation a rate of change and
innovation a rate of change and technological improvement in efficiency
technological improvement in efficiency
technological improvement in efficiency communications logistics unparalleled in
communications logistics unparalleled in
communications logistics unparalleled in the history of the planet
the history of the planet
the history of the planet and because of that people have gotten
and because of that people have gotten
and because of that people have gotten very wealthy I don’t think this is wrong
very wealthy I don’t think this is wrong
very wealthy I don’t think this is wrong I think this is a good thing I think the
I think this is a good thing I think the
I think this is a good thing I think the problem is what we did with the money
problem is what we did with the money
problem is what we did with the money does anybody really need a hundred and
does anybody really need a hundred and
does anybody really need a hundred and thirty-five foot mega-yacht couldn’t you
thirty-five foot mega-yacht couldn’t you
thirty-five foot mega-yacht couldn’t you get along with 125 I think I could
get along with 125 I think I could
get along with 125 I think I could adjust it might be a little cramped but
adjust it might be a little cramped but
adjust it might be a little cramped but I think I could adjust to 125 feet I
I think I could adjust to 125 feet I
I think I could adjust to 125 feet I don’t know maybe not what if we use that
don’t know maybe not what if we use that
don’t know maybe not what if we use that money just a little bit of it I’m not
money just a little bit of it I’m not
money just a little bit of it I’m not saying people shouldn’t get rich from
saying people shouldn’t get rich from
saying people shouldn’t get rich from their efforts or get paid for their
their efforts or get paid for their
their efforts or get paid for their efforts all I’m saying is what if we use
efforts all I’m saying is what if we use
efforts all I’m saying is what if we use some of that money instead of making
some of that money instead of making
some of that money instead of making that 125 135 foot mega yacht to make the
that 125 135 foot mega yacht to make the
that 125 135 foot mega yacht to make the world a better place to feed somebody to
world a better place to feed somebody to
world a better place to feed somebody to grow something I’ve had a chance to talk
grow something I’ve had a chance to talk
grow something I’ve had a chance to talk to Erin Hurst I’ve met in my read his
to Erin Hurst I’ve met in my read his
to Erin Hurst I’ve met in my read his book he coined the phrase the purpose
book he coined the phrase the purpose
book he coined the phrase the purpose economy there’s a lot of other labels
economy there’s a lot of other labels
economy there’s a lot of other labels out there social enterprise social
out there social enterprise social
out there social enterprise social entrepreneurship I like this purpose
entrepreneurship I like this purpose
entrepreneurship I like this purpose economy phrase because it really
economy phrase because it really
economy phrase because it really clarifies what we’re trying to do here
clarifies what we’re trying to do here
clarifies what we’re trying to do here we’re still trying to have a productive
we’re still trying to have a productive
we’re still trying to have a productive economy but we’re trying to shift the
economy but we’re trying to shift the
economy but we’re trying to shift the purpose trying to shift the purpose away
purpose trying to shift the purpose away
purpose trying to shift the purpose away from making people ridiculously wealthy
from making people ridiculously wealthy
from making people ridiculously wealthy towards making people better it’s
towards making people better it’s
towards making people better it’s actually not a new concept you are
actually not a new concept you are
actually not a new concept you are sitting in a social enterprise you are
sitting in a social enterprise you are
sitting in a social enterprise you are sitting in a nonprofit that hasn’t
sitting in a nonprofit that hasn’t
sitting in a nonprofit that hasn’t earned income strategy hospitals have
earned income strategy hospitals have
earned income strategy hospitals have been doing this for years the difference
been doing this for years the difference
been doing this for years the difference is that any organization that’s trying
is that any organization that’s trying
is that any organization that’s trying to do this is trying to create wealth on
to do this is trying to create wealth on
to do this is trying to create wealth on multiple levels they’re trying to behave
multiple levels they’re trying to behave
multiple levels they’re trying to behave in a manner that is pro-social that
in a manner that is pro-social that
in a manner that is pro-social that they’re trying to produce economic
they’re trying to produce economic
they’re trying to produce economic wealth that’s entrepreneurship we’re
wealth that’s entrepreneurship we’re
wealth that’s entrepreneurship we’re pretty clear on how to do that that
pretty clear on how to do that that
pretty clear on how to do that that they’re trying to produce social wealth
they’re trying to produce social wealth
they’re trying to produce social wealth which has historically been the area for
which has historically been the area for
which has historically been the area for nonprofits and they’ve trying to produce
nonprofits and they’ve trying to produce
nonprofits and they’ve trying to produce communal wealth which has historically
communal wealth which has historically
communal wealth which has historically been the area for government these are
been the area for government these are
been the area for government these are three great local examples
three great local examples
three great local examples Harbor City Services runs a Moving &
Harbor City Services runs a Moving &
Harbor City Services runs a Moving & Storage Company staffed by people
Storage Company staffed by people
Storage Company staffed by people suffering with schizophrenia they run it
suffering with schizophrenia they run it
suffering with schizophrenia they run it as a for-profit enterprise he was in
as a for-profit enterprise he was in
as a for-profit enterprise he was in business for about 20 years before he
business for about 20 years before he
business for about 20 years before he merged with a larger nonprofit never
merged with a larger nonprofit never
merged with a larger nonprofit never took a dime of charitable money the
took a dime of charitable money the
took a dime of charitable money the first time he took a grant he was
first time he took a grant he was
first time he took a grant he was embarrassed and upset about having to
embarrassed and upset about having to
embarrassed and upset about having to take a charitable grant vehicles for
take a charitable grant vehicles for
take a charitable grant vehicles for change is now in four cities it started
change is now in four cities it started
change is now in four cities it started in a little auto shop in Baltimore
in a little auto shop in Baltimore
in a little auto shop in Baltimore helping people develop independence in
helping people develop independence in
helping people develop independence in transportation local color flowers is
transportation local color flowers is
transportation local color flowers is doing phenomenal work in Charles Village
doing phenomenal work in Charles Village
doing phenomenal work in Charles Village totally changing the floral industry no
totally changing the floral industry no
totally changing the floral industry no carbon footprint all the flowers they
carbon footprint all the flowers they
carbon footprint all the flowers they sell are grown within 100 miles of their
sell are grown within 100 miles of their
sell are grown within 100 miles of their store they’re gorgeous
store they’re gorgeous
store they’re gorgeous they’re priced competitively all over
they’re priced competitively all over
they’re priced competitively all over the world this is happening you
the world this is happening you
the world this is happening you recognize some of these faces you may
recognize some of these faces you may
recognize some of these faces you may not recognize some of the other ones
not recognize some of the other ones
not recognize some of the other ones this is the Astra gates is doing
this is the Astra gates is doing
this is the Astra gates is doing incredible work in Chicago Muhammad
incredible work in Chicago Muhammad
incredible work in Chicago Muhammad Yunus a bunch of other folks this world
Yunus a bunch of other folks this world
Yunus a bunch of other folks this world is coming the people that are going to
is coming the people that are going to
is coming the people that are going to make this happen are not me I’m an old
make this happen are not me I’m an old
make this happen are not me I’m an old guy I’m going to be gone in a few years
guy I’m going to be gone in a few years
guy I’m going to be gone in a few years but people are going to make this happen
but people are going to make this happen
but people are going to make this happen to you guys and I’m counting on you it’s
to you guys and I’m counting on you it’s
to you guys and I’m counting on you it’s got a lot of names
got a lot of names
got a lot of names don’t let the names bother you remember
don’t let the names bother you remember
don’t let the names bother you remember that the point of this is you’re trying
that the point of this is you’re trying
that the point of this is you’re trying to create civic wealth that comes out of
to create civic wealth that comes out of
to create civic wealth that comes out of all three of these buckets at the same
all three of these buckets at the same
all three of these buckets at the same time it’s not an easy trick but it can
time it’s not an easy trick but it can
time it’s not an easy trick but it can be done it is being done and it has to
be done it is being done and it has to
be done it is being done and it has to be done if we’re going to get out of the
be done if we’re going to get out of the
be done if we’re going to get out of the hole that we’re in you want to talk to
hole that we’re in you want to talk to
hole that we’re in you want to talk to me about it here’s how to find me thanks
me about it here’s how to find me thanks
me about it here’s how to find me thanks for your time
for your time
for your time [Applause]
”
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