Aspen is a place for leaders to lift their sights above the possessions which possess them. To confront their own nature as human beings, to regain control over their own humanity by becoming more self-aware, more self-correcting, and hence more self-fulfilling.
Walter P. Paepcke, Aspen Institute Co-Founder
Aspen Institute
IDEAS Article, IDEAS: the Magazine of the Aspen Institute Summer 2020, and Longform
Turbo-Charging Latinx Business
June 1, 2020
“We are sitting on top of a positive detonator” of wealth creation, announced Ramiro Cavazos, the CEO of the US Hispanic Chamber of Commerce. Cavazos was discussing Latinx business potential at a forum hosted by the Institute’s Latinos and Society Program. Currently, Latinx companies account for one in four new US businesses and contribute $700 billion annually to the economy. Yet just 3 percent of Latino-owned businesses reach $1 million or more in revenue, leaving an estimated $1.47 trillion on the table compared with non-Hispanic, white-owned businesses. That’s why the Institute’s Forum on Latino Business Growth developed A Playbook for Scaling Latino-Owned Businesses with expert recommendations. The playbook promises “plays” to increase the number of scaled Latino businesses, create jobs, spur economic vitality, and drive wealth for more Americans. “The Latino business is not a foreign entity,” said Claire Kramer of the Federal Reserve Bank of New York at the publication’s February launch. “This is your neighbor, your colleague, someone you do business with.”
All households deserve to build–and sustain–the wealth they need to thrive. But when home equity is the largest source of wealth for most Americans, how do renters gain assets? This video spotlights the current state of renters’ wealth and calls on leaders across sectors to come together and co-create solutions that expand renters’ wealth-building pathways.
According to Brunswick Group’s latest research, the traditional playbook for engaging working-class workers—especially younger ones—is rapidly becoming obsolete.
Learn about the workers most likely to encounter AI on the job, its ethical implications, and the considerations necessary for ensuring that job quality is prioritized.
