Capitalism with purpose, or validating privilege?

    August 7, 2018

    Bobby Turner

    Our Vision

    From the Turner Impact Capital website:
    America faces profound challenges in core areas of our society: education, housing and healthcare among them. While government and philanthropy can treat these issues, they often fail to make a lasting difference. What’s needed to truly cure these problems are investments that create market-driven, long-term, sustainable solutions.
    The company’s solution is built on the back of inequality, i.e., the 1/99%. His key message at the Sun Valley Forum is that capitalism is built on disparity of wealth. What our country as a whole suffers from is ‘hope’, saying,”We suffer from a disparity of hope.” But is his argument sound, or constructed on a false premise? It begs the question, if more Americans had greater access to the 1%, in other words, a greater dispersion of wealth among the 99%, would the disparity of hope be as great, and would we need The Bobby Turner’s to come in and save the day? Perhaps the saviors should be the capitalistic corporations that built the massive employment inequality instead of private hedge funds.

    Turner Impact Capital has one mission: to create innovative and durable solutions to today’s challenges by investing in community-enriching infrastructure in underserved communities.

     

    Two of Turner’s partners include Magic Johnson and Andre Agassi. He’s in the profit business, $2 billion in private equity, focusing on education and health care, building 79 charters schools, with another 70 planned for construction in the next several years [Idaho Mountain Express, July 3, 2018]. “Overall, Turner said, his methods rely on profit generation–but place societal benefit as the top priority. I get to make money while I’m doing it.”

    https://www.mtexpress.com/news/sun_valley/sun-valley-forum-speaker-touts-private-sector-solutions-to-societal/article_5bd1b66c-96ac-11e8-86d1-ef4b5adf3a8c.html

    Confessions Of A (Former) White Savior

    by, Janice Erlbaum

    “The white savior complex is about assimilation. It’s about feeling superior to another culture. It’s about validating your own personal, individual experience through the lives and experiences of other marginalized peoples. It’s taking their struggle (even if it’s a sometimes imagined or exaggerated struggle) and making it about how much of a good person you are.” – Uncredited quote on Tumblr

    “The White Savior Industrial Complex is not about justice. It is about having a big emotional experience that validates privilege.” – Teju Cole

    “The 19th century saw the rise of a pious, middle-class feminism, devoted to the moral uplift of the poor. By ministering to prostitutes, middle-class women got both respectable jobs and the frisson of proximity to vice.” – Molly Crabapple

    It’s an improvement, but there’s still a lot of work for me to do. I grew up under the pervasive influence of a culture that taught me that black-skinned people were lesser than me, and the years of brainwashing I accepted without question will take years to overcome. But I’m doing my best to drop the Benevolent White Savior act, and to relate to people as the individuals they are.

    […]

    It also reinforces the pernicious assumption that brown-skinned people need white-skinned people to help them. It facilitates the fetishization and exotification of African people. It may bring people together physically, but it also fortifies the divide between them: One person is the have, the other is the have-not. Those roles are rigid and can’t be recast.

    […]

    I don’t want to discount the motives of every white volunteer, and I certainly don’t want to cast aspersions on the people working for non-governmental aid organizations who do life-saving work under impossibly dangerous circumstances (though NGOs often come with their own imperialist agendas). I think it’s possible for a white person to be of service to people of color without automatically reinforcing their racist assumptions. I think it’s tricky, but I think it’s possible.

    Full article:

    Confessions Of A (Former) White Savior

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