Giving Compass' Take:

• The American Prosperity Project offers a goals framework for engaging in a national conversation about ensuring long-term prosperity. 

• How can funders help to drive the conversation around prosperity in America? 

• Learn about defeating income inequality through prosperity. 

America’s economic health depends on sustained, long-term investment to support our families and communities and to reinvigorate the economic engine that creates jobs and prosperity. There is no viable model under which either business or government can or should shoulder the responsibility for long-term investment alone; both are required.

Our framework for this national conversation and for subsequent action has three goals:

  1. Focus government investment on recognized drivers of long-term productivity growth and global competitiveness—namely, infrastructure, basic science research, private R&D, and skills training—in order to close the decades-long investment shortfall in America’s future.
  2. Unlock business investment by modernizing our corporate tax system to achieve one that is simpler, fair to businesses across the spectrum of size and industry, and supportive of both productivity growth and job creation.
  3. Align public policy and corporate governance protocols to facilitate companies’ and investors’ focus on long-term investment. Complex layers of market pressures, governance regulations, and business norms encourage short-term thinking in business and finance. The goal is a better environment for long-term investing by business leaders and investors, and to provide better outcomes for society.

Read the full article about The American Prosperity Project at The Aspen Institute.