Photo: May, 2013: “CalSTRS CEO Jack Ehnes, Generation Investment Management Co-Founder David Blood and 350.org’s Bill McKibben have a lively conversation about how investors can influence the transition to a low-carbon economy.” Ehnes also serves on the Ceres board of directors. McKibben opens his Ceres presentation with some welcome honesty, speaking of his long-standing friendships/relationships with many Wall Street darlings. Prior to co-founding Generation Investment Management, David Blood, speaking with McKibben, served as the co-CEO and CEO of Goldman Sachs Asset Management. Prior to this position Blood served in various positions at Goldman Sachs Group, Inc., including “Head of European Asset Management, Head of International Operations, Technology and Finance, Treasurer of the Goldman Sachs Group, L.P. and Head of Global Private Capital Markets. Mr. Blood was the first recipient of the John L. Weinberg Award in 1990, an award given to a professional in the investment banking division who best typifies Goldman Sachs’ core values.” [Source]
March 19, 2013
by Elliot Gabriel
WHAT IS THE “NON-PROFIT INDUSTRIAL COMPLEX”?
The non-profit industrial complex (or the NPIC) is a system of relationships between:
• the State (or local and federal governments)
• the owning classes
• and non-profit/NGO social service & social justice organizations
This results in the surveillance, control, derailment, and everyday management of political movements.
The state uses non-profits to:
• Monitor and control social justice movements;
• Divert public monies into private hands through foundations;
• Manage and control dissent in order to make the world safe for capitalism;
• Redirect activist energies into career-based modes of organizing instead of mass-based organizing capable of actually transforming society;
• Allow corporations to mask their exploitative and colonial work practices through “philanthropic” work;
• Encourage social movements to model themselves after capitalist structures rather than to challenge them