A more equitable economy is possible
Altman explores the history and cultural realities that have created an unequal financial playing field, particularly for Black, Indigenous, and people of color (BIPOC) communities, and how innovative approaches can create sound investment devices and exponential growth in minority and women-owned businesses and increase levels of home ownership.
Simply put, capitalism can, and must, do better. Through his writing, Altman exposes the fallacy of trickle-down capitalism that focuses only on increasing the wealth of the richest players then offers clear evidence about the historical regulatory realities of American capitalism before ultimately dismantling the myopia, cultural ignorance, and willful prejudice that contribute to entrenched systematic policies and processes that perpetually expand the wealth gap.
A must-read for anyone in the finance sector, Altman’s prescriptions in a time of extreme financial market uncertainty are urgent and actionable. His book is a roadmap for navigating precarious investment conditions and increasing the impact of investment to benefit those historically locked out of financial opportunity.
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In an uncertain and unstable financial world, Frank Altman knows there is a better way for American capitalism to operate, a way that creates opportunities for all. If you’ve got a similar inkling that capitalism, while effective, can do more with its immense resources and potential, Frank Altman’s book is for you. More than a prescription for a healthier capitalism, Frank is starting a movement. If you want to join, take your first steps by downloading chapter one of A New Capitalism for free below:
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Altman can speak to this because he has built his career on this new kind of capitalism. Through his work with Community Reinvestment Fund, USA he has helped transform the way capital flows to underinvested communities through ESG-minded investment strategies like New Markets Tax Credits, The Detroit Home Mortgage Program, Small Business Administration loans, the Payroll Protection Program, and the Bond Guarantee Program. These approaches and so much more are at the core of Frank’s message and vision of the future.
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