Social Entrepreneurship

In today's column David Brooks echoes some themes from this blog. This proposal is particularly interesting (NYT):

Create a network of social entrepreneurship investment banks. These regionally operated semi-public funds would invest in the best local community organizations, so they could bring their ideas to scale.

These funds, first proposed by the group America Forward, would supplement the safety net and employ college grads entering a miserable job market. They’d have a powerful psychological effect on a country that desperately wants to feel mobilized and united.

My initial thought is to wonder why we must limit this to domestic organizations, but given the context of reinvigorating our economy, perhaps this makes sense.