This article follows on from the previous one in the series on explainers about capitalism “What exactly about capitalism means it extracts and exploits?“. We are gravitating towards offering a solution but we need to take a deeper look at what we mean by capital.Continue reading “Explainer: Real Capital”
Stephen Hinton Consulting recently completed the compilation of a database of Market Based Instruments that have been thought of, proposed or applied to stimulating the economy to circularity. The list is far from comprehensive but was put together as a first step for the Circular Economy Delegation to gain an initial insight into the opportunities for politicians and authorities to use these instruments to introduce full circularity into the Swedish Economy.Continue reading “Recent Assignments: the Swedish Circular Economy Delegation”
Investment will be in restoring real capital to lay the foundations for a green, peaceful and equitable society.
I am pleased to announce that I have accepted the invitation to chair the Sustainability Committee for RE Equity Partners AB.
The company has embarked on an ambitious endeavour to work with investments that regenerate real capital – and when used in sustainable businesses they give impact investors an impact return as well as generating financial returns.Continue reading “Stepping in as Sustainability Committee Chairman for RE Equity Partners AB”
A group based in the Netherlands, called The Weather Makers, are rolling out an ambitious plan to turn the Sinai desert green. Apart from stabilising weather in the region and possibly an even wider area, the initiative hopes to bring livelihoods to the area, reducing the risk of conflicts among the troubled people who live in the area. The project literally has biblical proportions as it is the site of what ancient scripts refer to as the land of milk and honey.Continue reading “Greening the desert will help us. In many ways.”
It’s time for a simple model of macro economics – the political economy – so voters can grasp what politicians are saying – or not saying.Continue reading “The Bathtub economics model”
This is dedicated to Story Talbot, also known as Medicine Story, who passed away last July, at the ripe old age of 89. Story had dedicated his life to passing on what he called the old ways, traditions and understandings from North American tribes on how to live in harmony with the earth, oneself and each other. It has taken a long time to gather myself to put down these words. Story’s influence on my life and thinking were so great, and his contribution to our development so profound that I just have to share my perspective.Continue reading “Appreciation for the Circle Way and Medicine Story”
Not crony capitalism, not raw capitalism, not capitalism in the hands of wrong people but capitalism itself is the cause of the environmental degradation and social misery we see around us. Capitalism offers the rules if you like, the players play by those rules, and the results are what we see. If I am going to say something this bold, I need to be really specific and present good arguments. Let me attempt that, but you will have to bear with me through some details. This is not rocket science, but the whole subject area has many branching ideas so you will need to look hard to see the path through the subject matter.
Kate Raworth’s Doughnut model of the way an economy should perform is excellent. But it needs an idea of how to control that economy so it performs to requirements. Enter the bath tub.
Kate Raworth has a wonderfully clear and simple concept – that we should arrange the way we run society on the principle that we do not exceed planetary boundaries – in our relation to nature – on one hand, and that we set things up to avoid people suffering and that everyone’s basic needs get fulfilled – the human dimension – on the other. She draws it like a doughnut.
In her excellent book, Doughnut Economics, Kate shows how this task is essentially one for the economy and a question for economics. Doughnut economics gives us a very clear set of requirements for how an economy should work. That immediately brings one to think of money, investments, taxes, banks businesses etc. And that is where the model needs a little help .Continue reading “Why the doughnut needs the bathtub – economic models for real change”
Appearing in the Online magazine Resilience, (link here) former Greenpeace director Rex Weyler summarizes the brutal shortcomings of our present day economics.Continue reading “Economic system counters conditions of peace”
In this article we are going to demonstrate how the UBI works “under the hood” by looking at the underlying game logic.
The game makes some vast simplifications of how a national economy works – it is after all designed to be a learning experience rather than a mirror of how the world actually works.Continue reading “The Logic of the UBI Simulation”