A Different Kind of Capitalism — Jacqueline Novogratz and the Reinvention of Aid
January 28, 2010
The devastation of the Haiti earthquakes and the lack of infrastructure for responding to the disaster have deepened an ongoing debate over foreign aid, international development, and helping the poorest of the world's poor. Jacqueline Novogratz, whose Acumen Fund is reinventing that landscape with what it calls "patient capitalism," is charting a third way between investment for profit and aid for free.
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1298, an ambulance service based in Mumbai, India, charges fees on a sliding price scale according to the medical care center the patient chooses.
