New Capitalism

Envisage a world where inequality is shrinking, where natural resources are regenerated, and people can benefit from shared prosperity. In Impact, Sir Ronald Cohen proposes a new theory about how the Impact Revolution will enable us to achieve systemic social and environmental improvement. Impact investing is about creating a chain reaction. One that brings innovation to the stakeholders whose engagement is crucial to tackling massive social and environmental challenges at scale.

From the end of the 19th century through the first decades of the 20th, the United States experienced unprecedented structural change. Advances in communication and manufacturing technology brought about a revolution for major industries such as railroads, coal, and steel. The still-growing nation established economic, political, and cultural entanglements with forces overseas.

A century ago, migrants often crossed an ocean and never saw their homelands again. Today, they call - or Skype - home the moment their flight has landed, and that's just the beginning. Thanks to cheap travel and easy communication, immigrants everywhere stay in intimate contact with their native countries, creating powerful cross-border networks. In Borderless Economics, Robert Guest, The Economist's business editor, travels through dozens of countries and 44 American states, observing how these networks create wealth, spread ideas and foster innovation.

Today’s entrepreneurs must avoid the temptation to play it safe and launch a business in a bubble. Instead, they need to embrace the idea of “failing fast.” Almost upon genesis of the idea, it is detrimental for the entrepreneur to connect with real customers and determine quickly whether their idea is worth pursuing, needs new direction, or should be abandoned altogether.