Cormac Russell: Part 4
/Welcome to Part 4 of 5 of our Cormac Russell interview! For the past 3 weeks, hosts Matt and Adam have broken down an hour long conversation they had with Cormac Russell, the author of "Rekindling Democracy," a much sought-after international keynote speaker and Managing Director of Nurture Development, the leading Asset-Based Community Development (ABCD) organization in Europe. We are down to our last 2 parts of the conversation and oh friends, we are still very much in the depths of this rich, chocolate peanut butter pie!
This week, Cormac starts out by talking a little about economics of institutions and the neighborhood economy.
"Lots of liberals would say, "well thank goodness we've got the public sector and we've got charities because they don't operate that way..." Well actually, they do. So the structure of the institution is essentially I'm going to take your need in whatever form it comes and I'm going to structure it in such a way that it can be commodified... Two thirds of all the monies that are intended to go to the people living in poverty, to put an end to poverty, don't go to people living in poverty in the US. They go to people who are servicing people who live in poverty who are not poor."
"Many of the big churches are exactly the same, where they're harvesting people's misery and turning it into money."
Insert head explosion emoji here! Listen in to hear what Matt and Adam talk about in response to that band-aide rip!
To learn more about Cormac Russell, visit https://www.nurturedevelopment.org/who-we-are/cormac-russell/
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