We still reap what we sow. However corrupt or incestuous our political system may appear, it is still undoubtedly free and democratic; and we, the American people, have the power to elect officials and set the conditions in which our businesses can operate.
Whatever the reason for growth in double bottom line funds, the important point is that we can now have the conversation, thanks to the data. And the data is grounded in the perfectly workable definition of impact investing that we already have at our disposal.
The election of 2012 raises two perplexing questions. The first is how the GOP could put up someone for president who epitomizes the excesses of casino capitalism that have nearly destroyed the economy. The second is why the Democrats have failed to point this out.
A generation ago, leaders in business, government and labor all understood that national prosperity depends on a vibrant middle class growing from the bottom up. Corporate responsibility should flow equally to investors and workers.
When employed correctly, private equity plays a productive role in driving economic growth and innovation essential to our recovery. Despite what you see on television and read in the news, neither Mitt Romney nor Bain Capital represents the entire private equity industry.
The business model that Romney oversaw at Bain, especially the Leveraged Buyout, was questionable at best and destructive at worst, and he cannot pretend that the dangers of Bain's investment methods were unknown to him.
Three and a half years ago, Barack Obama was granted a position of leadership by the citizens of the United States. We are his stakeholders and should judge him on the job that he was elected to do as well.