WEBVTT 1 00:00:00.200 --> 00:00:05.853 We should reconsider our economic and social paradigms, 2 00:00:06.041 --> 00:00:11.006 we are starting to see new formulas, new models, 3 00:00:12.794 --> 00:00:15.695 there is a new social finance, 4 00:00:15.881 --> 00:00:19.740 which can meet such needs. 5 00:00:19.940 --> 00:00:25.033 There exist very interesting public administration experiments 6 00:00:25.222 --> 00:00:28.440 that guarantee private investors, 7 00:00:28.626 --> 00:00:33.738 who provide services through non-profit organizations, 8 00:00:34.104 --> 00:00:37.676 NGOs, or social enterprises. 9 00:00:38.281 --> 00:00:43.030 Then we have positive economy, based on rational altruism, 10 00:00:43.256 --> 00:00:49.232 which tends towards the interests of future generations, 11 00:00:50.593 --> 00:00:55.441 it should allow us not to be slaves of the short term, 12 00:00:55.704 --> 00:01:01.106 being able to invest in the interests of future generations, 13 00:01:01.416 --> 00:01:05.171 being them states or local administrations, 14 00:01:05.345 --> 00:01:08.210 enterprises, territories, 15 00:01:08.386 --> 00:01:13.160 everything in the interest of future generations. 16 00:01:13.424 --> 00:01:18.095 For years, we've lived thinking about conquest, 17 00:01:18.422 --> 00:01:22.843 conquering countries, economic conquest, 18 00:01:23.074 --> 00:01:25.310 success, 19 00:01:25.594 --> 00:01:28.135 conquest of power. 20 00:01:28.744 --> 00:01:34.512 I think that nowadays our world needs care. 21 00:01:34.722 --> 00:01:40.697 Most of this migration is an economic migration, 22 00:01:41.169 --> 00:01:44.256 it's not due to wars, 23 00:01:44.485 --> 00:01:49.702 it's due to the lack of quality of life and development. 24 00:01:51.628 --> 00:01:55.023 In order to address this kind of migration, 25 00:01:55.226 --> 00:02:00.505 I think we should invest in those countries, 26 00:02:00.758 --> 00:02:04.189 creating human and social capital. 27 00:02:04.454 --> 00:02:10.041 This is what I tried to do in Milan Catholic University, 28 00:02:11.383 --> 00:02:14.294 together with a group of entrepreneurs, 29 00:02:14.526 --> 00:02:17.942 we created a foundation called E4impact, 30 00:02:18.232 --> 00:02:21.576 which stands for Entrepreneurship for Impact. 31 00:02:21.791 --> 00:02:23.487 Strangely enough, 32 00:02:23.713 --> 00:02:26.368 Italy is not among the main investors in Africa, 33 00:02:26.573 --> 00:02:30.348 and Africa is growing at a rate of 5% or more, 34 00:02:30.603 --> 00:02:35.485 there would be many opportunities for our enterprises, 35 00:02:37.558 --> 00:02:43.017 but also the difficulties of working in such a big continent, 36 00:02:44.215 --> 00:02:47.872 with many differences between one country and the other. 37 00:02:48.072 --> 00:02:53.603 Having an access point like E4impact, 38 00:02:54.967 --> 00:02:58.619 with its project First-step Africa, 39 00:02:58.780 --> 00:03:02.646 which helps companies enter the market 40 00:03:02.827 --> 00:03:05.821 by training managers on site, 41 00:03:06.021 --> 00:03:10.591 it is definitely an advantage for our entrepreneurial system. 42 00:03:11.036 --> 00:03:14.025 San Patrignano is a community for life, 43 00:03:14.220 --> 00:03:19.271 a place where everyone finds understanding, 44 00:03:21.518 --> 00:03:26.350 care and attention to their frailties. 45 00:03:27.430 --> 00:03:31.450 Its success depends on the fact that it's free, first of all, 46 00:03:31.845 --> 00:03:36.247 they know that it is for their own good, 47 00:03:36.407 --> 00:03:39.745 there's no economic interest behind. 48 00:03:39.921 --> 00:03:44.418 The second key point is the duration, 49 00:03:44.592 --> 00:03:47.973 San Patrignano is a long-term community, 50 00:03:48.140 --> 00:03:50.872 from 3 to 4 years. 51 00:03:51.086 --> 00:03:54.348 Unfortunately the failures of short-term communities... 52 00:03:54.626 --> 00:03:57.936 ...are evident. 53 00:03:58.852 --> 00:04:02.716 And the last point is that each boy is guided by another, 54 00:04:02.909 --> 00:04:06.211 there's a mentor for each one, 55 00:04:06.385 --> 00:04:11.036 who is not a psychologist or a psychiatrist, a doctor, 56 00:04:11.206 --> 00:04:15.436 they are young men who have already gone through that path, 57 00:04:15.600 --> 00:04:18.543 they understand the difficulties of the newcomer.