Next Economy Now, a podcast by LIFT Economy.
Next Economy Now highlights the leaders who are taking a regenerative, bio-regional, democratic, transparent, and whole-systems approach to using business as a force for good.
Access the podcast here.
Today, over half of the largest economies in the world are global businesses – controlled by the few, and impacting the many. Business clearly has the power to change the world – but what if we, as individuals, had the power to change the world of business?
For over a decade, Gib Bulloch led a corporate “guerrilla movement” within one of the world’s largest global consulting organisations. Against the odds, he created a not-for-profit inside one of the most profit driven corporations in the world. Plaudits, prizes and promotions followed.
But success came at a price: It ultimately cost him his job, his health and perhaps even his sanity as he found himself the unlikely resident of a psychiatric hospital in Glasgow.
The Intrapreneur is an honest and insightful critique of the “craziness” of today’s business environment – and a call to action for a new breed of social activist working within, about to join or completely disillusioned by today’s business world.
Finding your purpose… can feel like losing your mind.
Access the book here.
Published by Authentic Investor, Millennial Voices is a collection of six short articles written by people aged between their late twenties and late thirties working in the investment industry in Canada, the Netherlands, the UK and the US. The authors write with passion and sometimes pain about their struggles to align their sense of purpose with the culture and values of their organisations; the compromises they feel they have to make; and their views on the changes the industry needs to make.
Access the report here.
The Purpose of Finance Why Finance Matters: Building an industry that serves its customers and society
In a ground breaking publication, David Pitt-Watson and Dr Hari Mann explain that a focus on purpose, rather than culture, is essential to helping financial services rebuild trust with society.
Access the paper here.
The report “New Pathways: Building Blocks for a Sustainable Finance Future for Europe” is a collaborative effort of the Global Alliance for Banking on Values, Finance Watch and Mission 2020. The report elaborates on a number of proposals geared towards the repurposing of finance and maintaining the right balance between economic, social and environmental needs. These proposals are the following:
Access the full report here.
We are living through a period of major political and economic uncertainty. While Brexit and new global forces reshape our economy, the rise of new technologies could set our financial system on the path to greater fairness, responsibility and democracy – or the reverse. Do we cling on to the status quo, with all its shortcomings? Or do we seize the opportunity to step back and ask ourselves what kind of financial system we want – and how we can regulate for that?
The Regulatory Compass: Towards a purpose-driven approach to financial regulation, funded by Barrow Cadbury Trust, draws on the experiences of the Finance Innovation Lab’s community of purpose-led innovators to argue that rather than being ‘purpose-neutral’, regulation is often designed around the large, shareholder-focussed firms that dominate the market. We explore how regulatory assumptions hinder financial firms focussed on social and environmental impact, and we identify three conceptual fallacies that limit the ability of regulators to embed social purpose in their approach.
Access the report here.
Over the last two years, Capital Institute has been working with many thought leaders and entrepreneurs in a quest to understand what a theoretical framework for regenerative economies would look like, and what conditions and processes contribute to their long-term systemic health. We also explored how a Regenerative Economy would differ from today’s flawed theory of capitalism, and how it would compare to other New Economy ideas such as natural capitalism, sustainable capitalism, conscious capitalism, doughnut economics, circular economies, sharing economies, steady-state economies, etc.
Access the white paper here.
Our modern system of capitalism is no longer fit for purpose. Faced with a growing series of economic, social and environmental challenges the time has come to reboot the way capitalism is conducted and to recalibrate the way we value resources, people and the services they provide. Traditional capitalism proved itself incredibly successful at delivering growth in an age of abundant land, natural resources and biodiversity. That age is over.
We need to shift the debate from traditional change approaches, which risk leaving problematic system dynamics untouched, to bold and innovative strategies. Such strategies would significantly shift our capitalist model towards a more resilient, equitable and sustainable economic order.
What will be the driver of this bold, innovative form of capitalism? The answer lies with our financial system. Here is how financial system change will deliver capitalism fit for this century and beyond.
Access the report here.