The Netherlands of the future
Pension to many people is something for tomorrow. It is a fact that the pension system is about to change. But how about our society? What will the Netherlands of tomorrow look like? We ask people from a cross-section of society. In this edition: Björn Vennema, co-founder of Social Finance NL, an organization for measuring, financing and enhancing social impact.
We are living in a prosperous country, but not everyone benefits from this prosperity to the same extent. The corona crisis emphasizes that once again: people with a non-western migration background, less education and an occupational disability, for example, seem to be additionally vulnerable to the loss of employment and poverty. These vulnerable groups also have to benefit from prosperity and well-being in the Netherlands of the future, according to Björn Vennema, co-founder and co-director of Social Finance NL. How? By utilizing money in a smarter, more objective and more honest way to solve social issues.
How do you perceive the Netherlands of today?
“The Netherlands is flat to the eye, but a polarized landscape is hidden below the surface. The contradictions in terms of politics, culture and the social aspect are huge. The gap between rich and poor also increases. Less and less money is made available to support the vulnerable groups within society, such as the underprivileged youth and the elderly. This means the dichotomy in the Netherlands is growing. If we don’t do anything about that, the social issues will only become bigger.”
How should the Netherlands of the future look like in your opinion?
“Our society has to become more of a unity again. The bottom of society should also be given opportunities to fully participate and to access all means available. In order for that to happen, we have to change our financial system. Most investors are now mainly taking a risk-return approach when deciding to invest money in a certain project or sector. If they would also look at the impact of a company or project to society, you can establish societal changes together. For example by consciously investing in solar energy, in social housing or in a project for debt assistance.”
But aren’t there all kinds of government institutions or charitable organizations for that types of purposes?
“Those institutions and organizations often focus on the system and not on the human-being. People with psychological problems or debts asking for help sometimes get lost in a maze of organizations all working in isolation. Moreover, the social sector usually doesn’t have a businesslike disposition: they are not focusing enough on how an as large and positive impact on society can be realized. This means a lot of social value is not utilized. An example is Ctalents, a secondment organization for people suffering from an audiovisual impairment. Joining and guiding jobseekers and employers took more time and energy than for the average candidates but those efforts didn’t translate into a higher fee. This meant Ctalents was unable to compete with commercial employment agencies. That’s a shame. A better earnings model would allow us to help more people, but such earnings model for social enterprises is still lacking in the current financial system.”