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"We're living in a time of poly crisis," says Stephanie Brobbey, a former private wealth lawyer and founder of the Good Ancestor Movement.
"We need to shift the purpose of the economy from the accumulation of wealth and power to the wellbeing of our life-sustaining planetary systems."
That's why Brobbey is calling on the ultra-rich to give away most of their wealth$90 trillion, to be exactin what she calls an "unprecedented" transfer of wealth.
Brobbey tells the BBC that two-thirds of the new wealth gained since 2020 has gone to the wealthiest 1% of people on the planet.
"That is shocking and should concern everyone," she says.
"It's making our societies very stressed and even physically ill."
The Good Ancestor Movement advises wealthy individuals on how to move their capital out of the extractive economy, "where it typically sits in a speculative manner," Brobbey says.
It's a shift from what she calls the "precarious crisis imagination" of our current economy.
"We all seem to be in a state of perpetual crisis of imagination," she says.
"So what we really want is to redistribute wealth and shift power back to communities that have been harmed
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"There is huge potential for our technological ingenuity to deliver better healthcare both in the UK and globally," Dr. Hutan Ashrafian writes in the Conversation. That's why Imperial College...more
"Food insecurity severely impacts the health of underinvested communities," Kyu Rhee, MD, CEO of the National Association of Community Health Centers, says in a press release. "And while the...more
If you're obese while pregnant, you may want to think twice about raising your child. A new study out of Oregon Health & Science University suggests that increased adipositythe amount of fat in...more
In January 2024, Froedtert ThedaCare Health merged with ThedaCare Health System in Wisconsin to create one of the country's largest not-for-profit health systems. Now, Cathy Jacobson, president...more
The "biotechnology market" was valued at more than $7 billion in 2015 and is expected to reach nearly $10 billion by 2024, according to a new report by Grand View Research. North America held the...more
"Talk to anyone living with a chronic disease like diabetes and they will mention the struggle of having to inject themselvesin some caseseven multiple times a day," Exolvo Biosciences CEO Brian...more
It's called the "pill penalty," and it's causing a lot of trouble in the medical world. It's the result of a provision in the 1990 Inflation Reduction Act that requires Medicare to pay 10% of the...more
If you've ever wondered how much time you spend on social media, what kind of diet you eat, and whether you own a pet, you're in luck: There's a growing field of "life data" that can shed light on a...more
"If we continue to pave the way, we will see a very attractive Hong Kong." That's the message from the city's finance minister, who says the government will announce two new deals in the next two...more
Researchers in Australia are working to improve the dental health of Indigenous children in remote communities, the Guardian reports. Thanks to more than $2 million in funding from the Australian...more
Health News from...
Ewing Marion Kauffman Foundation
Carnegie Corporation of New York
Paso del Norte Health Foundation
Commonwealth Fund
Foundation for Appalachian Ohio
Kimberly-Clark Foundation
Moore Foundation
Claude Moore Charitable Foundation
Community Foundation of Broward
Outer Banks Community Foundation
Social Entrepreneurship
Spotlight
Voting For The Great Social Enterprise Pitch Is Now Ongoing
The Great Social Enterprise Pitch, a project of Assets Lancaster and the Lancaster County Community Foundation, has now opened its voting portal for people who will donate money to the projects they like best.
