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May 23, 2012 |
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May 3, 2012 |
Latest Blog Post
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May 7, 2012
Public Funds for a Cause.
I’d known for some time that some public pension funds had been investing in privatized services but I hadn’t realized how pervasive it was or what the potential was to do something more progressive with this money. And we are talking about trillions of dollars generated by public sector employees and employers, and money produced from natural resources or trade surpluses in the case of sovereign wealth funds. A mere 1% of such funds' current assets could generate $100 billion to kick-start an ‘infrastructure bank’ that could finance basic public services worldwide. |




