Progress in the United States has often come from unlikely coalitions brought together around shared values and goals. In challenging times, we believe it’s crucial to identify ideas with broad support and build alliances that can make positive changes.
More than a century ago, German sociologist Max Weber introduced the concept of “patrimonialism,” a style of autocratic governing driven by loyalty, favors, and cronyism. As Jonathan Rauch writes in The Atlantic, this framework is alive and well in the Trump administration, which uses favors and recrimination to build power, reward allies, and punish enemies.
Our team is studying the impact of the November elections, considering implications for the country, public policy, and the impact investing community. There may be real consequences that could disrupt millions of lives.
Since founding Blue Haven Initiative in 2012, we’ve invested for competitive returns and positive social and environmental impact. Our team has also hoped to inspire and advance thoughtful dialogue on the ways long-term, impact-oriented investors can drive positive change. After a decade of iterating on our strategy, there is still a lot to learn.