• 9:27 - 12:22
Alison McDowell | Human Capital Markets, Predatory Philanthropy, & The Gamified World
Pay for Success Finance, Human Capital and The Big Short
Pay for success finance applies the structured debt techniques seen in the 2008 housing market crash to human beings. Just as mortgages were bundled and sold, human capital is now being turned into financial products. Large entities like Blackstone have already consolidated housing, setting the stage for leveraging stagnant wages and the gig economy into new debt markets.