The racial and ethnic wealth divide is primarily the result of historic and continuing systemic inequities that affect people of color in the United States (e.g., land theft from indigenous tribes, enslavement of Black people, the G.I. Bill, redlining and housing discrimination, etc.). Baby bonds policies could, using a race-neutral approach, begin to correct some of those inequities that underlie the racial and ethnic wealth divide.
Marc Allen
Director, Shared Prosperity Sector Lead
Marc Allen – Director, Shared Prosperity Sector Lead
Marc draws on his experience as a strategist and policy attorney to advise organizations intent on redressing our economic and democratic systems, in the US and globally.
In leading Camber’s Shared Prosperity portfolio, Marc has served national and state governments, global and local philanthropies, policy institutes, multilateral organizations, community service providers, and for-profit entities across a range of local, national, and international impact initiatives. His project work is oriented toward extending economic security, economic mobility/opportunity, and power/voice through improved investment, policy, programs, and representation. He also leads the Economic Narrative Coalition, a national effort to evolve the false narratives warping popular perceptions of poverty.
Marc primarily supports these goals through versatile expertise in research/data analytics, strategic planning, and coalition-building with a preference for collaborative, data-driven, and nonpartisan approaches. Secondarily, he also guides executive teams in interrogating their own organization structures, missions, and business models. He joined Camber in 2017, following an initial Big Law career pleading economic/policy disputes at Freshfields Bruckhaus Deringer and diverse social impact implementation and investment roles across the Deep South, Europe, and Francophone Africa.
Marc gained a BS in International Relations from the London School of Economics & Political Science before completing his J.D. equivalent. Based in California, he is an English/French native speaker and dual national, conversant in Spanish. His personal time is a constant tussle between his basic self (runs on donuts/football/dark humor) and better self (explores oceans, shares cooking/wine/cocktail creations, mentors), with special attachment to New Orleans and southern France.
Posts by Marc Allen
In analyzing the landscape of organizations supporting opportunity youth nationwide, and in partnering with some of these organizations as strategic advisors, we have identified 4 sequential categories of needs that must be met in order for OY to experience upward economic mobility and thrive within the workforce.
Summary The Economic Mobility space in the US is most heavily focused on mobility from poverty at present. It ...
Economic mobility goes to the heart of the founding ideals of the US – a country that has long portrayed itself as a bastion of economic opportunity. As the accuracy of that narrative comes under collective scrutiny, efforts to advance economic mobility in the US have grown.
Initially drawn to the general attractiveness of economic mobility as a social impact issue, many of the stakeholders in this space have been compelled to take action on economic mobility in the face of three longstanding trends: persistently high poverty rates, new evidence of declining economic mobility, and unsustainable levels of wealth concentration. Each of these trends currently limits the prospects of lower- and middle-income individuals and communities ascending the economic ladder. Each trend also allows for a range of stakeholders to engage, by addressing the trends that are most relevant to their unique strategies.
As government, philanthropy, and the private sector become increasingly aligned around the need to share prosperity more equitably in the US, particular momentum has grown to strengthen economic mobility – in the form of breakthrough research, ambitious policies, and powerful coalitions.