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Possible Futures is a newsletter cataloging movement towards ethics, social responsibility and systemic change in tech, design and culture.

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The Problem with Venture Capital

meme of 3D guy in suit in front of stock price numbers and an up arrow that says "stonks"

 

Article: Here's How Corporate Growth is Killing the Economy (blog post) by Douglas Rushkoff, Fortune (paywall) 3/6/16

Rushkoff summarizes ideas from his book Throwing Rocks at the Google Bus on how Silicon Valley, which is just a sped up, supersized version of how the rest of Wall Street works, is destroying sustainable business. His solution is to look to small, local businesses that focus on providing something of actual value to actual customers.

Issue: 
Funding
Tags: 
venture capitalism
economics

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