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Rob Reich-Stanford Class Day lecture-6.11.11
Transcript of Rob Reich-Stanford Class Day lecture-6.11.11
the new social economy
THE PROMISE AND PERIL OF
We live in an era of enormous Innovation
What is the social economy?
seeking to produce social benefits
the arena of state institutions and agencies, of creating and enforcing laws and policies, of guaranteeing basic rights – is where public action produces public benefits; we act in the public sector as a citizen or as a public official or agent
the arena of commercial, for-profit enterprise –
is where private action produces private benefits; we act in the private sector as a consumer or producer
the new social economy
A flourishing society needs each of the 3 sectors to work well
WITHIN & ACROSS SECTORS
1. Innovation in the market place
2. Innovation in the non-profit sector
3. Innovation in the state sector
+ Technological Change
many ways for people to do good
well-functioning and flourishing democratic society is traditionally composed of
3 distinct sectors:
“Americans of all ages, all conditions, and all dispositions constantly form associations. They have not only commercial and manufacturing companies, in which all take part, but associations of a thousand other kinds, religious, moral, serious, futile, general or restricted, enormous or diminutive. . . . Wherever at the head of some new undertaking you see the government in France, or a man of rank in England, in the United States you will be sure to find an association.”
-Alexis de Tocqueville
the boundaries between the sectors are
What will structure this innovation?
People can be sector agnostic:
doesn't matter what sector one enters;
still possible to do good
open government initiative
the arena of private individuals acting alone or in association with others to promote the public good – is where private action produces public benefits
US Dept of Education
LIBERATION TECHNOLOGY INITIATIVE
“to qualify students for personal success, and direct usefulness in life”
the public welfare
in behalf of humanity
Poverty should be eradicated,
not seen as a money-making opportunity.
• Charity Navigator
• Great NonProfits
• New Schools Venture Fund
• One World Health
• Omidyar Network