We’re pleased to share an insightful article by our President, Erika Karp, and CIO, Garvin Jabusch, originally published in Wharton Magazine, exploring a central challenge of our time: how capital deployment shapes the future of civilization. In “Beyond Nihilism: Funding the Next Economy,” they reframe the current financial paradigm — where trillions of dollars are allocated in ways that exacerbate systemic risks — and makes the compelling case that every investment decision is a vote for a specific future.
This piece distills decades of sustainable finance experience into a clear thesis: capital can and should be a force for solving existential challenges — not amplifying them. From climate instability and economic inequality to technological disruption and geopolitical risk, the article argues that the tools of modern finance — when strategically redirected — can unlock the Next Economy of regenerative technologies, resilient infrastructure, and inclusive prosperity.
We invite you to read the full article and reflect on how intentional capital allocation can help drive meaningful systems-level progress.
Acknowledgments: Thanks to Ruby Kessler-Karp for articulating what it feels like to inherit this moment. Sometimes the best response to existential dread is to hear it clearly – and then chart a path through it.
Green Alpha is a registered trademark of Green Alpha Advisors, LLC. Green Alpha Investments is a registered trade name of Green Alpha Advisors, LLC. Green Alpha also owns the trademarks to “Next Economy,” “Investing in the Next Economy,” “Investing for the Next Economy,” “Next Economy Portfolio Theory,” and “Next Economics.” Green Alpha Advisors, LLC is an investment advisor registered with the U.S. SEC Registration as an investment advisor does not imply any certain level of skill or training. Nothing in this post should be construed to be individual investment, tax, or other personalized financial advice. Please see additional important disclosures here: https://greenalphaadvisors.com/about-us/legal-disclaimers/
Green Alpha Advisors does not currently hold a position in Redwood Materials. All investment examples cited are for illustrative purposes only and should not be construed as investment advice or recommendations.