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Bruce Cahan Ashoka Fellow Stanford Center for Internet & Society Fellow (non-resident) © 2009 Urban Logic, Inc.
What is a social entrepreneur? © 2009 Urban Logic, Inc.
What is Social Entrepreneurship?  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2009 Urban Logic, Inc.
Roles & Resources for my Day  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2009 Urban Logic, Inc.
E thical banking and finance Why create a good bank? Bruce Cahan President, Urban Logic Presented at  SELA:  Society for Entrepreneurship in Latin America Stanford University - April 6, 2009 © 2009 Urban Logic, Inc.
Economics we leverage ,[object Object],[object Object],[object Object],[object Object],© 2009 Urban Logic, Inc.
2008 was a disaster, financially ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2009 Urban Logic, Inc.
2008 was a disaster, ethically ,[object Object],[object Object],[object Object],[object Object],© 2009 Urban Logic, Inc.
Our common ethical business roots ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2009 Urban Logic, Inc.
Intersections Inspired by TED ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],08/06/09
The Earth is ours, in trust  © 2009 Urban Logic, Inc.
Our Planet is Semantic Fabric ,[object Object],[object Object],[object Object],© 2009 Urban Logic, Inc.
A Simple 3-Layer World Map  ,[object Object],[object Object],[object Object],© 2009 Urban Logic, Inc.
Needs Layer ,[object Object],[object Object],[object Object],[object Object],[object Object],© 2009 Urban Logic, Inc.
Capacities Layer ,[object Object],[object Object],[object Object],© 2009 Urban Logic, Inc.
Money Layer ,[object Object],[object Object],[object Object],[object Object],© 2009 Urban Logic, Inc.
Example:  Foreign Aid ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2009 Urban Logic, Inc.
Mapping Money ,[object Object],[object Object],[object Object],[object Object],[object Object],© 2009 Urban Logic, Inc.
After 9/11, we mapped functions © 2009 Urban Logic, Inc.
We have better stats on Sports © 2009 Urban Logic, Inc.
We have better Stats on Politics © 2009 Urban Logic, Inc.
Why map  needs, capacities & money? Answer:  To improve local conditions, faster © 2009 Urban Logic, Inc.
After 2,000 years, the World has become a harsher place,  faster,  without a brake © 2009 Urban Logic, Inc.
World Population (Year=0) © 2009 Urban Logic, Inc.
World Wealth (Year = 0) © 2009 Urban Logic, Inc.
World Population (Year = 1500) © 2009 Urban Logic, Inc.
World Wealth (Year = 1500) © 2009 Urban Logic, Inc.
World Population (Year = 1900) © 2009 Urban Logic, Inc.
World Wealth (Year = 1900) © 2009 Urban Logic, Inc.
World Population (Year = 1960) © 2009 Urban Logic, Inc.
World Wealth (Year = 1960) © 2009 Urban Logic, Inc.
World Population Today © 2009 Urban Logic, Inc.
World Birthrate Today © 2009 Urban Logic, Inc.
World Wealth (Year = 1990) © 2009 Urban Logic, Inc.
World Wealth (Year = 2015) © 2009 Urban Logic, Inc.
World Population (Year = 2030)  © 2009 Urban Logic, Inc.
World Population (Year = 2500)  © 2009 Urban Logic, Inc.
National Savings Rates © 2009 Urban Logic, Inc.
World Finance (Net Exporters)  © 2009 Urban Logic, Inc.
World Finance (Net Importers) © 2009 Urban Logic, Inc.
The Undernourished (Year = 1990) © 2009 Urban Logic, Inc.
The Undernourished (Year = 2000) © 2009 Urban Logic, Inc.
The Blind, at birth or by disease © 2009 Urban Logic, Inc.
Peoples Affected by Disaster © 2009 Urban Logic, Inc.
Peoples touched by War 1945-2004 © 2009 Urban Logic, Inc.
Urbanized, living in cities © 2009 Urban Logic, Inc.
Urban Growth © 2009 Urban Logic, Inc.
Biocapacity © 2009 Urban Logic, Inc.
Ecological footprint © 2009 Urban Logic, Inc.
Life Expectancy © 2009 Urban Logic, Inc.
We need more ethical banks © 2009 Urban Logic, Inc.
We spend too much. © 2009 Urban Logic, Inc.
We save too little. © 2009 Urban Logic, Inc.
We are credit ratings. © 2009 Urban Logic, Inc.
We are taxpayers. © 2009 Urban Logic, Inc.
We are consumers. © 2009 Urban Logic, Inc.
We work & earn $. © 2009 Urban Logic, Inc.
We are borrowers. © 2009 Urban Logic, Inc.
We are investors. © 2009 Urban Logic, Inc.
We donate to charity. © 2009 Urban Logic, Inc.
We live to shop. © 2009 Urban Logic, Inc.
Banks don’t help us live. © 2009 Urban Logic, Inc.
Banks help us shop. © 2009 Urban Logic, Inc.
We strive to be good. © 2009 Urban Logic, Inc.
We live multi-sided financial lives,  © 2009 Urban Logic, Inc.
disconnected © 2009 Urban Logic, Inc.
so as to profit others. © 2009 Urban Logic, Inc.
OUR spending is destroying  OUR planet. © 2009 Urban Logic, Inc.
Credit cards help us © 2009 Urban Logic, Inc.
spend © 2009 Urban Logic, Inc.
mindlessly,  © 2009 Urban Logic, Inc.
regardless of impact. © 2009 Urban Logic, Inc.
Are banks ethical? © 2009 Urban Logic, Inc.
Too often, banks fund © 2009 Urban Logic, Inc.
pollution, © 2009 Urban Logic, Inc.
war, © 2009 Urban Logic, Inc.
poverty, © 2009 Urban Logic, Inc.
poor health, © 2009 Urban Logic, Inc.
subprime mortgages, © 2009 Urban Logic, Inc.
BIG BONUSES! © 2009 Urban Logic, Inc.
WHAT ABOUT ETHICS? © 2009 Urban Logic, Inc.
COULD A BANK BE ETHICAL? © 2009 Urban Logic, Inc.
Surely, a bank can be ethical! © 2009 Urban Logic, Inc.
An ethical bank would © 2009 Urban Logic, Inc.
have the integrity  to admit & fix mistakes, © 2009 Urban Logic, Inc.
help, not hurt, © 2009 Urban Logic, Inc.
use credit to reward  seeking ethical choices, © 2009 Urban Logic, Inc.
use financial services to grow sustainability, © 2009 Urban Logic, Inc.
reverse threats to indigenous peoples, cultures and regions. © 2009 Urban Logic, Inc.
I am building  an ethical bank, © 2009 Urban Logic, Inc.
[see www.GoodBank.info/w] © 2009 Urban Logic, Inc.
starting © 2009 Urban Logic, Inc.
in Silicon Valley © 2009 Urban Logic, Inc.
and going to © 2009 Urban Logic, Inc.
NYC, © 2009 Urban Logic, Inc.
DC, © 2009 Urban Logic, Inc.
Miami, © 2009 Urban Logic, Inc.
Europe. © 2009 Urban Logic, Inc.
We will use technology © 2009 Urban Logic, Inc.
to  © 2009 Urban Logic, Inc.
harmonize data into © 2009 Urban Logic, Inc.
Sustainable resiliency® © 2009 Urban Logic, Inc.
as a regional credit rating, © 2009 Urban Logic, Inc.
The Means Meter® © 2009 Urban Logic, Inc.
to help shop ethically, © 2009 Urban Logic, Inc.
Procurement visualization © 2009 Urban Logic, Inc.
so social entrepreneurs © 2009 Urban Logic, Inc.
and nonprofits © 2009 Urban Logic, Inc.
can compete for © 2009 Urban Logic, Inc.
government contracts, © 2009 Urban Logic, Inc.
and other technologies © 2009 Urban Logic, Inc.
like FaceBook® & Wikipedia® © 2009 Urban Logic, Inc.
so ethical people © 2009 Urban Logic, Inc.
can use money to © 2009 Urban Logic, Inc.
see and reach © 2009 Urban Logic, Inc.
their ethical goals © 2009 Urban Logic, Inc.
TODAY! © 2009 Urban Logic, Inc.
earning © 2009 Urban Logic, Inc.
cash-back rewards © 2009 Urban Logic, Inc.
cheaper interest rates © 2009 Urban Logic, Inc.
while helping to grow © 2009 Urban Logic, Inc.
social enterprises & © 2009 Urban Logic, Inc.
sustainable resiliency ® © 2009 Urban Logic, Inc.
in regions they cherish. © 2009 Urban Logic, Inc.
We will use © 2009 Urban Logic, Inc.
Semantic Web © 2009 Urban Logic, Inc.
Mobile Web © 2009 Urban Logic, Inc.
financial literacy tools © 2009 Urban Logic, Inc.
across the SC: Eco © 2009 Urban Logic, Inc.
[Social Capital Ecosphere]. © 2009 Urban Logic, Inc.
Our bank branches © 2009 Urban Logic, Inc.
will feel different. © 2009 Urban Logic, Inc.
Instead of human ATMs, © 2009 Urban Logic, Inc.
our branches will feel © 2009 Urban Logic, Inc.
like Apple® Stores  © 2009 Urban Logic, Inc.
where friends seek © 2009 Urban Logic, Inc.
financial literacy © 2009 Urban Logic, Inc.
to see, learn & improve  social impacts. © 2009 Urban Logic, Inc.
An ethical bank © 2009 Urban Logic, Inc.
incubates change. © 2009 Urban Logic, Inc.
We are surrounded by  change agents: © 2009 Urban Logic, Inc.
Ashoka © 2009 Urban Logic, Inc.
IDEO © 2009 Urban Logic, Inc.
McKinsey © 2009 Urban Logic, Inc.
Hill & Knowlton © 2009 Urban Logic, Inc.
Promontory Financial © 2009 Urban Logic, Inc.
Weil Gotshal & Manges © 2009 Urban Logic, Inc.
Please join us. © 2009 Urban Logic, Inc.
Questions? © 2009 Urban Logic, Inc.
Bruce Cahan  [email_address] Wiki:  Goodbank.info/w © 2009 Urban Logic, Inc.

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Stanford Sela040609

Editor's Notes

  1. Manning & Morris, The Ancient Economy p.86, cites Polanyi’s Great Transformation & Our Osolete Market Mentality for conclusion that society uses 3 main mechanisms to provide citizens goods & services
  2. Image Source http://www.newyorker.com/images/2008/12/22/p233/081222_r18074_p233.jpg Bailout amounts Job losses http://blogs.wsj.com/economics/2009/01/09/worst-year-since-1945-with-more-pain-to-come/trackback/ More banks will fail http://blogs.wsj.com/marketbeat/2009/01/06/banks-credit-quality-expected-to-worsen/trackback/ Decline in residential & commercial property markets http://online.wsj.com/article/SB123085781068147847.html Unemployment rate http://www.bls.gov/news.release/pdf/empsit.pdf Off the cliff REITs http://online.wsj.com/article/SB123067570012543757.html?mod=loomia&loomia_si=t0:a16:g2:r1:c0.034484:b0 Stock market losses http://www.bloomberg.com/apps/news?pid=20601109&refer=home&sid=ataVotdLreS0
  3. SEC knew of Madoff scam since 1999 http://www.sec.gov/news/press/2008/2008-297.htm
  4. Environmentalism http://www.jlaw.com/Articles/environmentbible2.pdf Geneivat da'at http://www.jlaw.com/Articles/geneivatdaat.html Healthy competition http://www.jlaw.com/Articles/hasagatgevul.html Stumbling block before the blind http://www.jlaw.com/Articles/placingstumbling.html Interest limits http://www.jlaw.com/Articles/venture_notes.html#Note5 Bad advice/sin http://www.jlaw.com/Articles/interestAndTheBlindBorrower.pdf
  5. Copyright 2009 Urban Logic, Inc. All rights reserved. Jeff Hawkins Talk: http://www.ted.com/index.php/talks/view/id/125 David Pogue Talk: http://www.ted.com/index.php/talks/view/id/7 Jan Chipchase http://www.ted.com/index.php/talks/view/id/190 Murray Gell-Mann: http://www.ted.com/index.php/talks/view/id/194 Jacqueline Novogratz: http://www.ted.com/index.php/talks/view/id/157 Larry Lessig http://www.ted.com/index.php/talks/view/id/187 James Howard Kunstler http://www.ted.com/index.php/talks/view/id/121 Nora York http://www.ted.com/index.php/talks/view/id/81 Eddi Reader http://www.ted.com/index.php/talks/view/id/110 Chris Anderson http://edge.org/q2007/q07_1.html#andersont
  6. Ashraf Ghani estimated 90% of foreign aid in Afghanistan was wasted http://www.rawa.org/rebuild2.htm George Ayittey http://www.utexas.edu/conferences/africa/ads/943.html
  7. SuperBowl http://www.nfl.com/superbowl/stats?type=team Baseball http://mlb.mlb.com/mlb/stats/index.jsp
  8. http://www.fivethirtyeight.com/search/label/today%27s%20polls
  9. http://www.worldmapper.org/images/hires/322_ecol_footprint-ea-cart.tif