Hanzi Freinacht

Hanzi Freinacht uses the tools of capitalism, such as **investment, entrepreneurship, and market mechanisms**, to build a new, fairer, and more sustainable economy by **reorienting them towards social and environmental goals**. Here's how he envisions this transformation:

1. **Impact Investing**: By channeling capital into businesses and projects that generate positive social and environmental impacts, Freinacht believes we can create a more equitable economy. This approach ensures that financial success is tied to societal well-being.

2. **Catalytic Capital**: This involves using investments that accept lower returns or higher risks to drive significant social change. By seeding innovative projects and demonstrating their viability, catalytic capital can attract more traditional investors, scaling up impactful initiatives.

3. **Worker Cooperatives and Community Land Trusts**: Freinacht advocates for economic models that prioritize collective ownership and democratic decision-making. These structures can help distribute wealth more fairly and ensure that communities have control over their resources.

4. **Universal Basic Income (UBI)**: By providing a guaranteed income to all citizens, UBI can reduce inequality and provide a safety net, allowing people to pursue meaningful work and contribute to society without the pressure of financial survival.

5. **Progressive Taxation**: Implementing a tax system where the wealthy pay a higher percentage of their income can help redistribute wealth and fund essential public services, promoting social equity.

6. **Public Investment in Social Programs**: Freinacht emphasizes the importance of substantial government spending on healthcare, education, and other social services to ensure that everyone has access to the resources they need to thrive.

By leveraging these tools, Freinacht aims to create an economy that balances profit with purpose, fostering a more just and sustainable society.

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