Part 3 of the five-part series The Fourth Industrial Revolution and the Global Technocratic Takeover examines such questions as where did the idea of impact investing come from and how is it a continuation of historic practices of managing people as human capital? How are big tech corporations involved in “social welfare,” and how do they benefit from it? Can people opt out, and if they do what does the future economy look like for their children? How do social impact investors get paid, and what secondary markets might be created? While “pay for success” deals promise many benefits from unlocking global capital, there are many ways this approach could go terribly wrong. Returns on investments are based on moving metrics for impoverished people, measurable behavior change. Learn how the metrics are determined, as well as the role of behavioral economics and digital nudges. This interview hints at how the Covid lockdown is preparing people to become commodities in these futures markets, markets fueled by trauma and poverty.
Josephine Stratton
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