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Agenda for a New Economy by David Korten

Agenda for a New Economy by David Korten. Cal Poly Sustainability Book Club Discussion led by Kate Lancaster February 18, 2011. David Korten. Fran Korten. Natural Step - Backcasting. Awareness.

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Agenda for a New Economy by David Korten

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  1. Agenda for a New Economyby David Korten Cal Poly Sustainability Book Club Discussion led by Kate Lancaster February 18, 2011

  2. David Korten

  3. Fran Korten

  4. Natural Step - Backcasting

  5. Awareness • “Why is our economic system consigning billions of people to degrading poverty, destroying Earth’s ecosystem, and tearing u the social fabric of civilized community?” (page 20)

  6. Baseline - Wall Street • Phantom Wealth • Accounting Entry • Debt • Buccaneers • Alice in Wonderland • Growth!!! • Technology • Limits to Earth

  7. Baseline • Richest 2% own 51% assets, while poorest 50% own 1%

  8. Creative Solutions – New Story • Provide every person with the opportunity for a healthy, dignified and fulfilling life; • Restore and maintain the vitality of Earth’s natural systems; • Nurture the relationships of strong caring communities; • Encourage economic cooperation in service to the public interest and democratically determined priorities; • Allocate resources equitably to socially and environmentally beneficial uses; and • Root economic power in people– and place- based communities to support the democratic ideal of one-person and one-vote citizen sovereignty.

  9. VERSUS • Personal and Rooted • Fair and balanced • Internalized costs • Creating livelihoods Page 51

  10. Greed is not a virtue; sharing is not a sin.

  11. New Stories • “True democracy is born only through its practice.” (page 105) • From “me” to “we” • Indicators (Bhutan, Ecuador, Costa Rica)

  12. Organizing Principles of Healthy Living Systems • Self-organize into dynamic, inclusive, self-reliant communities of place. • Balance individual and community needs and interest. • Practice frugality and reciprocity • Reward cooperation. • Optimize the sustainable capture and use of energy and matter by adapting to specific details of the microenvironment. • Form and manage permeable boundaries • Cultivate diversity and share knowledge.

  13. Seven Intervention Clusters • Living wealth indicators • Living wealth money system • Shared prosperity • Living enterprises • Real democracy/real markets • Local living economies • Global rules

  14. Decide on Priorities • Ecological Balance • Equitable Distribution • Living Democracy http://www.grandmotherscouncil.org/

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