SOCAP22 - New Systems for Shared Prosperity
Channel: SOCAP Global
Date: 2023-01-31

Rising income disparity and housing costs are issues across the United States but particularly acute in the San Francisco Bay Area, where high-tech industries and population density exacerbate income gaps. Community leaders who are taking action to bridge income gaps took to the stage at SOCAP22 — in the heart of San Francisco — to share how they are collaborating to get at the root of the systemic causes. 

During the New Systems for Shared Prosperity session moderated by Alicia John-Baptise, President and CEO of SPUR, she said the role that structural racism plays in enabling income gaps has largely been ignored — and the results drive division in San Francisco and other communities across the United States. Watch the session to learn more. 


Speakers:
José Cisneros | Treasurer for the City & County of San Francisco
Fred Blackwell | Chief Executive Officer, San Francisco Foundation
Alicia John-Baptiste |  President and CEO, SPUR


Highlighted quotes:
“We need to analyze and tear down practices we’ve had in place for years; we have to be realists and recognize that they’re harming people, not helping them.” – José Cisneros

“In a global economy, your ability to compete as a nation depends on your ability to present and skill a ready working workforce to the global economy. And to the extent that only a fraction of your populations is contributing, you are putting yourself at a competitive disadvantage. We will not remain competitive as long as we are leaving people behind. We need policies that do not just raise the floor but support economic mobility.” – Fred Blackwell

“Economic inequality comes with a lot of risk. “We know that societies that experience great levels of economic inequality also have worse health outcomes, lower educational attainment, slower economic growth, higher crime rates, and more concentrated political power, which in turn can lead to political insecurity and social distrust.” –  Alicia John-Baptise


About SOCAP: 
SOCAP Global works under the leadership of Sorenson Impact Center to serve as the thought leadership platform for the accelerating movement towards a more just and sustainable economy. We convene a global ecosystem and marketplace – social entrepreneurs, investors, foundation and nonprofit leaders, government and policy leaders, creators, corporations, academics, and beyond – through live and digital experiences that educate, spur conversation, and inspire investment in positive impact. 

Join us at an upcoming SOCAP: Find all of our events, articles, and resources at www.socapglobal.com.
 
SOCAP22 was held October 17-20, 2022.