A New Capitalism

In A New Capitalism, Frank Altman examines the history and the causes that link repeated social and financial upheavals. He surveys the political, cultural, and economic history that has allowed systemically racist policies like redlining to endure despite regulatory attempts to eradicate them. Altman demonstrates how innovative approaches have used capital markets to fund small businesses, affordable housing, charter schools, and community organizations and transform communities through such investment. Altman demonstrates how capitalism can remain profitable while also being just by elevating opportunity for all. Drawing on the thirty-year history of Community Reinvestment Fund, USA and imagining applications of proven programs that could be expanded and enhanced, Altman offers solutions to a global moment of transformative market disruptions.