Posts tagged capitalism
Filling In The Gaps With Tim O’Reilly: some great insights (hat tip to Dug Campbell)
O’Reilly argues that the concept of a business that exists solely for the purpose of making money for its shareholders is fundamentally flawed. Every business has an obligation to create value.
Gerd adds: great summary of where the future of capitalism is going !
Over the course of this series, we have outlined a case for Breakthrough Capitalism. We successfully move towards our Breakthrough scenario when business, government, community, and entrepreneurial leaders work together to change the rules of the game in the key systems in which they operate. Among other things, this involves transforming how investors, suppliers, customers, employees, and competitors define, value, and pursue social impact.
10 Breakthrough Capitalism Opportunities For 2013 | Co.Exist: World changing ideas and innovation
Good piece by John Elkington (read his book ZERONAUTS
(via greenfuturist)
What Capitalism Can't Fix - Phil Buchanan - HBR
an increasing number of people both inside and outside the nonprofit world seem drunk on the Kool-Aid of business superiority. Too often people equate “business thinking” with effectiveness.
Future of Innovation & Business: From Ego to Eco. Futurist Speaker Gerd Leonhard Porto Alegre 2012 (by Gerd Leonhard)
This is the complete video of my talk at the 5th Congress of Innovation in Porto Alegre in Brazil, October 30th 2012 see http://www.fiergs.org.br/inovacao/default.asp Thanks to FIERGS for making this video available. You can download my slides here: http://gerd.fm/TjBlCX or visit my Slideshare page for another 118 slideshows: http://www.slideshare.net/gleonhard/presentations :) In this talk I cover a wide variety of topics such as the rebooting of capitalism (as ‘natural’ or ‘sustainable’ capitalism), Growth National Happiness vs GDP, the triple bottom line, the shift to a networked / social-local-mobile society, social media and the future of social technologies, future innovation opportunities for Brazil, the shift of power to the BRIC countries… and much more…
What makes us successful: Gerd Leonhard presentation / talk at TEDxCollegeBeauSoleil (by TEDxYouth). Gerd adds: this is one of my best videos so far - check it out and spread the word if you like it.
Thanks to www.tedxbeausoleil.com and Nordanglia for providing this video.
“Gerd Leonhard is a Futurist and the CEO of The Futures Agency, author of 5 books, former musician and a globe-trotting keynote speaker on the creative industries, media and communications, social technologies, as well as on energy, the environment and green business. Gerd is currently focussing on sustainable future scenarios and what has been called ‘sustainable economics’, including the idea of adapting Internet and networked-society principles to the world’s urgent climate and environment issues. He is based in Basel / Switzerland; his new book ‘From Ego to Eco’ will be published in 2013….”
You can download the PDF with my slides here: http://gerd.fm/tedxbeau
In Melbourne, meet the New Joneses | SmartPlanet
Since BNNM was conceived in 2010, it has become something of a beacon for the conscientious and collaborative consumption movement in Melbourne. “Part of it is about conscientious consumption or collaborative consumption and asking the questions like who made it? Where is it going to go after I use it? Do I really need it? How much is ‘enough’?” DiMattina says. According to DiMattina, there are different models of new consumption. For example, some people would never consider going to a charity store but will go out and buy something new that is made ethically. While other people swap their wardrobes around constantly and share their things.
We must move from change-as-usual framings to breakthrough strategies. As Justin Adams (the former head of BP’s Emerging Business & Ventures) argues, it’s time to collapse the easy but misleading dualisms, the stark blacks and whites, and see the world as it is: complex and dynamic. Fossil fuels, for example, do a great deal of good, as well as much harm. But don’t expect transformative change to come from incumbents, most of whom will fight tooth-and-nail for the status quo.
Business and humanity are not separate to nature | Guardian Sustainable Business | Guardian
“Our current business approach (with its immense power to fuel problems as well as deliver solutions) is neither balanced nor holistic but a continuation in reductionist thinking that is anthropocentric in its belief and behaviour”
Gerd comments: totally spot-on, couldn’t have said it better myself :)
To deal with black swans, we instead need things that gain from volatility, variability, stress and disorder. My (admittedly inelegant) term for this crucial quality is “antifragile.” The only existing expression remotely close to the concept of antifragility is what we derivatives traders call “long gamma,” to describe financial packages that benefit from market volatility. Crucially, both fragility and antifragility are measurable.
Economics does it have any use? | No Straight Lines
Theory vs. people: Andrew W. Lo makes the point, which causes me great anxiety that there is an overt emphasis on theoretical models and maths. This to me defies common sense simply because economics is ultimately about people, society, the messiness of our lives. We do not exist ‘in theory’ and in perfect equilibrium – my question is HOW could the teaching of economics arrive in such a place?
But another finding has also started to influence the current debate on growth: poor people within a country are less happy than rich people. In other words, above a low level of sufficiency, peoples’ happiness levels are determined much less by their absolute income than by their income relative to some reference group. We constantly compare our lot with that of others, feeling either superior or inferior, whatever our income level; well-being depends more on how the fruits of growth are distributed than on their absolute amount.
Interesting read
The Rise of Innovative State Capitalism - Businessweek
Brazil is perhaps the best current example of how a state-capitalist system can build innovative industries. Successive Brazilian governments have intervened—with incentives, loans, and subsidies—to promote industries that otherwise would have needed long-term private investment to make them competitive with U.S. and European rivals. At the same time, Brazil preserved strong, independent management of state-backed firms, ensuring they did not become political boondoggles.
Growth or Equality: Two Competing Visions for America’s Future by David Korten — YES! Magazine
research demonstrates that on virtually every indicator, more equal societies enjoy more positive outcomes than less equal societies
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Vint Cerf discusses an interplanetary internet.
Father of the internet, Vint Cerf, on creating the interplanetary internet
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An animated infographic series called “Smart Community” by Toshiba shows facts about countries in relation to the rest of the world.
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How Google Glass Works
By Martin Missfeldt.
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