ICYMI: "Funders and investors working on equity need accountability"
Submitted by Carmen Graciela Díaz on April 21, 2021
"In order to resolve generational wealth extraction from BIPOC and working-class communities, there needs to be more accountability for investors and funders, and more agency for these communities," write Shante Little and Curt Lyon in Alliance Magazine.
According to Little and Lyon,
... Investment decisions that are made without grassroots input, feedback loops, or co-governance mechanisms fail to address fundamental gaps of agency and power in communities. We need to centre the voices of people harmed by systems in changing those systems.