Joel Solomon's "clean money revolution"


nationalobserver.com | Published April 21, 2017

By Charles Mandel

As a founding partner and president of Vancouver-based Renewal Partners and chairman of Renewal Funds, Solomon, 62, knows a thing or two about money. The venture capital fund manages $98-million on behalf of 198 investors, looking for ethical investments in organic food companies, skin care organic firms and environmental technologies in Canada and the U.S.

The Clean Money Revolution, written with Vancouver writer and editor Tyee Bridge, is not only about ethical investing – although it contains lots about that subject – it also asks readers to reconsider their relationship to money.

“We’ve kind of turned money into this abstract substance that has become the global religion and the global spirituality on the planet,” he said in an interview with National Observer. That disconnect allows people to distance themselves from where their money goes when it’s invested, and how it’s managed.

On the one hand, financial people have a hard time talking about the morals and ethics of money, Solomon contends. “They don’t think about it. They’re not exposed to it. They’re on a train that goes one direction.”

At the other end of the spectrum, social change advocates tend to shy away from money and business and are suspicious of it or don’t understand it, Solomon said.

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