Black, Indigenous and other People of Color most harmed by the extractive, capitalist economic system have long been doing the courageous work of leading a Just Transition away from it.
The most visionary BIPOC-led movements fighting for racial, economic and climate justice recognize that systems change requires bold solutions to simultaneously dismantle systems of oppression and also proactively build local, regenerative solidarity economies that prioritize people and the planet over profit and endless growth.
Can philanthropy follow the lead of our movements by investing in economic systems that are rooted in solidarity, collectivity and cooperation and centered on community ownership, self-determination and democratic governance?
And can philanthropy trust the vision and leadership of Black, Indigenous and People of Color communities to build the political, cultural and economic power needed to build a world that looks radically different than what we have ever known?
The philanthropic sector can play a powerful role in supporting bold solutions to systems change for a more regenerative and racially just future.
But doing so may require a new approach to grantmaking and investing that redistributes wealth, democratizes power and shifts economic control to communities in ways that are truly regenerative for people and the planet.
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