Commentary by Mike Kubzansky, CEO of Omidyar Network, in Barron’s Fifty years ago this week, economist Milton Friedman wrote that, “There is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profit.” That year, 1970, gave birth to a host of new ideas and products. IBM rolled…Read More
CNBC featured Omidyar Network’s call to investors to take a new approach to capitalism. “Omidyar’s group is encouraging leaders across the country to look at the economic system as a way to “equally ensure that people who have been historically and systematically marginalized by structural racism, colonialism, paternalism, and indifference will have opportunity, power, and…Read More
By Mike Kubzansky, CEO, Omidyar Network What would it look like to reimagine what is possible in the systems, ideas, and structures that govern our lives? Omidyar Network is excited to explore this question in the next iteration of our organization. We’re thrilled to announce our long-overdue new website and refreshed logo that we hope…Read More
September 14, 2020 Contact: [email protected] Social change venture proposes blueprint for a more equitable, inclusive, and resilient economy Washington, DC – Today, Omidyar Network released Our Call to Reimagine Capitalism in America, the social change venture’s blueprint to reimagine capitalism for the benefit of the many, and not just the privileged few. In this moment…Read More
Economists will tell you that the COVID-19 pandemic did not create the current economic crisis. Most working families in America would tell you the same. The economic earthquake of this pandemic exposed the fault lines in our system, bringing our economy’s fragility and inequity into jarringly sharp relief. Now more than ever, it is clear…Read More
The last time Andrew Yang was on The Ezra Klein Show, he was just beginning his long-shot campaign for the presidency. Now, he’s fresh off a speaking slot at the Democratic convention and, as he reveals in this episode, talking to Joe Biden about a very specific role in a Biden administration.Read More
The novel coronavirus — and America’s disastrously inept response — has shuttered the economy, leaving factories quiet, businesses closed, workers unable to do their jobs. Pulling out of this hole will require an economic effort unlike anything in recent history. We don’t just need a bit of stimulus. We will need a remobilization. But toward what end?Read More
Saul Griffith knows the US energy system better than just about anyone on this planet. He’s an inventor, a MacArthur genius fellow, and the founder and CEO of Otherlab, where his team was contracted by the Department of Energy to track and visualize the entirety of America’s energy flows. I had Griffith on The Ezra Klein Show last year for our climate series to lay out what it would look like for America to decarbonize. It was an awesome episode, but it was just a start.
In 2019, about one in six children in America — 12 million kids nationwide — lived in poverty. That’s a rate about two or three times higher than in peer countries. And that was before the worst economic and public health crisis in modern history.
Introducing “Responsible Design for Digital Communities” By Sarah Drinkwater, Director, Omidyar Network In this period of physical distancing, we have had to depend on technology more than ever before. The products and platforms we use have become lifelines to working, ordering food safely, finding important information, connecting with friends, socializing, learning and more. Even in…Read More