From Tom Watson's Blog
CauseWired: Unwinding the Financial Crisis « CauseWired: "Will it be tougher to raise money for crucial causes over the next couple of years, online and off? The jury’s out: for one thing, the services non-profits now provide will continue to be vital as government faces tighter budgets. For another, down economic cycles rarely smack philanthropy numbers down as a product of GDP; we’re almost always around 2%. (For some numbers, download this Changing Our World pdf authored by my brother Chris on historical philanthropy numbers - it may calm you down). Clearly, the most compelling causes will still move people to get involved."
1 comment:
The current economic crisis is unlike any previous crisis by the magnitude of it. It’s global, which calls for deep analyses of its reasons and a completely new approach. The crisis will be unfolding further if don’t make an effort to understand the reason at the core of it.
The problem is that the foundation of human behavior, driving all economic and social systems, is the ego, which always prefers the narrow personal interests over the common good of the public.
There is no other way to remedy a worsening situation except for transforming our attitudes toward each other on national and personal levels.
Michael Laitman has insightful comments on this topic with related articles here: http://www.laitman.com/2008/10/the-financial-crisis-an-analysis/
Post a Comment