Why Impact Investing May Flourish In The Age Of Donald Trump

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Why Impact Investing May Flourish In The Age Of Donald Trump

In the first months of his administration, President Donald Trump has taken steps to reduce federal spending for environmental protection, alternative energy, climate-related science, refugee assistance, humanitarian foreign aid, domestic healthcare and social services programs. If Trump has his way with his slash-and-burn blueprint, which is anything but certain at this point, the US would be reverting to a version of capitalism that recalls 19th century when billionaire industrialists like John D. Rockefeller and Andrew Carnegie sought to maximize corporate profits without regard for social costs.

The hard-knuckle Trump doctrine has reverberated around the world, from the U.S. and Canada, to Europe, Latin America and Asia, leaving government and business leaders deeply concerned about how these draconian policies might impact global efforts to fight climate change, contain epidemics and tackle the myriad problems associated with poverty and underdevelopment.

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2017-04-30T09:42:17+00:00 Tags: , |