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Photo: Getty Images. Illustration: Inc. Magazine Rodney Foxworth isn't worried about Silicon Valley, New York City, or other capital-rich business hubs. Those ecosystems have a strong infrastructure in place to quickly rebound after the pandemic, says the CEO of Common Future, an Oakland, California-based advocacy group for community-based economic development across the U.S. Conditions for less robust--but to this point emerging--business hubs aren't looking too hospitable these days, however. The picture is even more bleak in rural and poor regions of the U.S. A January 2021 study from Utah State University, Yale University, and New York University on well-being in the rural North American West found that more than 21 percent of the region's full-time workers have either become unemployed or shifted to part-time work during the pandemic. And a December 2020 report from the Brookings Institute, a Washington, D.C.-based think tank, cites a lack of adequate access to capital and broadband connectivity as significant barriers to rural small-business revitalization in the post-Covid world.
Rodney Foxworth says the racial “wealth gap” is a misnomer because it implies something that’s achievable to close. “Wealth chasm” is more on the nose since we’re talking about disparities created by centuries of oppression. Growing up in Baltimore, Rodney witnessed firsthand what many Black and brown communities face in America — systemic racism, over policing, economic dislocation. Now, as CEO of Common Future, he draws on that lived experience to create a network of organizations across the country that builds relationships and economic power in historically exploited communities. Foxworth is featured in the first episode of Solvers, a new podcast from the Skoll Foundation in partnership with Aspen Ideas. Hosts
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The Reconstruction: Rodney Foxworth on reparative investing for shared power in a common future Podcasts | March 5, 2021 Podcasts | February 26, 2021 Podcasts | February 19, 2021 Podcasts | February 12, 2021 Podcasts | February 5, 2021 Corporate Cash | March 17, 2021 Catalytic Capital | February 17, 2021 ESG | February 3, 2021 Climate and Clean Tech | January 26, 2021 Impact Voices | January 26, 2021 Impact Voices | January 20, 2021 Agents of Impact | February 26, 2021 Agents of Impact | February 12, 2021 Agents of Impact | January 29, 2021 Agents of Impact | January 22, 2021 Agents of Impact | January 15, 2021 Agents of Impact | December 11, 2020 More March 8, 2021 | Inclusive Economy The Reconstruction: Rodney Foxworth on reparative investing for shared power in a common future ImpactAlpha Editor David Bank Rodney Foxworth, CEO of Oakland, Calif.-based Common Future, gets personal in conversation with host Monique Aiken in the latest episode in The Reconstruction, the new podcast series from
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