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Financial Equity is the Way
Lifetime of Living in Diversity
I grew up in Japan and Hawaii and have spent many years living as a minority around the world. I once lived in the Dominican Republic and when I visited Haiti, I discovered true poverty. I was struck with a profound desire to help people access fair and equitable opportunities.
Profit Sharing to Equity
Years later, I traveled to Chivay in the Peruvian Andes, where I worked with indigenous alpaca ranchers who were plagued by exploitation and monopolistic practices. I strived to incorporate transportation grants and profit-sharing mechanisms into our business model.
Iterate Iterate Iterate
While the effort ultimately failed, I managed to collaboratively design several unique productions of proprietary clothing and accessory designs that became popular in high-end NYC boutiques. Shared profits with the communal-production group helped several children attend university and exit from the stifling conditions of their economically exploited elders.
Fairness Founded
That story broke my heart: I observed how our ancient traditions are vanishing. There must be more fairness in our growth and at the d.School, I intend to learn and practice how to incorporate micro-equity-payment algorithms into my design systems.
Impact Capitalism
Financial equity is an equation that Darren Walker (interviewed here by a Stanford student), the president of the Ford Foundation clearly understands. He tells a story about how early century workers would regularly gain equity ownership stakes in their companies that surpassed their salaries and pittance bonuses, and forwards the philanthropic philosophy of social welfare lauded as DEMOCRATIC CAPITALISM to achieve shared prosperity.
At the d.School, I will design systems of democratic capitalism.
JMBP.
Read More: "AI wags the dog"
