City Road Podcast

The financial industry has an image problem; capitalism functions by creating both wealth and poverty. But for financiers, the problem of poverty might just be reimagined as an investment opportunity. "I'm looking at how - the way that finance works in cities is to create a lot of inequalities [and this] is starting to be incorporated back into finance; as people who are in control of capital are looking for both new things to invest in and also looking at a lot of bad PR from this [capitalist] process". Dr Emily Rosenman Dr Sophie Webber is talking to Dr Emily Rosenman from Penn State University about how social finance investment works, and whether it is actually possibly to reduce poverty while making money. Social finance claims to solve social problems emerging from impoverishment and inequality; while spinning a profit at the same time. So what is social impact investment? It’s a way for governments to outsource and incentivise the services that are provided to address social disadvantage, such as po